On Monday, it was reported that the foreign exchange market opened the new trading week with the naira trading against the dollar for N1,430 on the parallel market, also known as the black market.This...
Yesterday, it was reported that the Central Bank of Nigeria (CBN) had increased the exchange rate used to calculate tariffs and import duties collected at airports and seaports.This development comes ...
Yesterday, the Central Bank of Nigeria (CBN) increased the exchange rate for paying customs duties at the nation's seaports by 11.1% following the crash in the value of naira against the dollar in the...
On Thursday, the naira experienced a major decline against the US dollar, trading at N1,309/$ at the official market and N1,420 at the parallel market. This depreciation can be attributed to the high ...
On Monday, data from the FMDQ securities exchange revealed that the naira's value at the official foreign exchange market declined to N1,234 against the US dollar.According to the exchange rate, the n...
It has been reported that the naira noticed a significant shift against the United States dollar at the official market on Wednesday, following a slight depreciation on Tuesday.The naira closed Wednes...
It was reported on Sunday that the country's local currency (naira) increased against the US dollar, breaking through key resistance levels to trade below N1,000 in certain black market segments.This ...
A recent report revealed that the naira has continued to strengthen against the US dollar as it re-recorded a positive move on Wednesday, much to the delight of Nigerians, both at the official foreign...
Recent data collected from both market segments from the trading session on Wednesday showed that the value of the naira appreciated against the dollar on all foreign exchange markets.The naira closed...
The value of the naira was reported to rise significantly on Thursday to close at N1,382.85 against the dollar, from how it previously closed on Wednesday for N1,536.83 after the Central Bank of Niger...