Naira
“We expect”: New report predicts exchange rate for naira by December
A new report by Meristem Securities Limited says the naira will suffer further depreciation before the festive season as demand for foreign currency increases.
LCCI reviews FG’s 2025 budget, faults exchange rate, inflation benchmark
The Lagos Chamber of Commerce and Industry (LCCI) has responded to the federal government’s exchange rate and inflation assumptions in the 2025 budget.
Foreign trade payments in letter and credit fall by 146% in 2024
The Central Bank of Nigeria has revealed that foreign trade payments have reduced significantly amid the fluctuating exchange rate and the naira's poor performance.
Naira sinks to new low under Tinubu as report predicts new exchange rates in 2025
The Nigerian naira has broken a new exchange rate record, sinking to its lowest at N1,690.37 per dollar in the official market on Monday, November 18, 2024.
CBN alerts Nigerians on fake contract award, fraudulent schemes
The Central Bank of Nigeria has sent a note warning the public against fraudsters falsely claiming contract awards and has Nigerians to be vigilant.
FG sets naira to dollar exchange rate target in 2025 budget, expert disagrees, gives reason
The Nigerian government explained the reason for readjusting the benchmark exchange rate for the 2024 budget from N750 to N800 per dollar, stating that it's okay.
Electronic transfers up as Opay, Palm Pay, others rival UBA, GTB, other traditional banks in Nigeria
Micro-transactions are fueling Nigeria's e-payment growth, highlighting Nigerians' increasing usage of digital channels daily, according to new analysis.
Report predicts naira to dollar exchange rate, new fuel price by 2025
The Nigerian currency, the naira, is expected to weaken against the US dollar in the foreign exchange market, according to Veriv Africa, a data insights firm.
Importers to pay more as Customs exchange rate to clear goods at ports increases again
The Nigeria Customs exchange rate has been increased again, meaning companies, importers will pay more to clear goods at the nation's ports and airports.
Naira
Load more