Naira
Big boost for naira as dollar inflow surges to $7.4 billion in July
The Nigerian foreign exchange market experienced a massive dollar inflow in July to $7.4 billion or N11.01 trillion compared to the N10.01 trillion recorded in June.
“Wrongful termination”: Over 100 sacked CBN staff go to court, list demands
Former Central Bank of Nigeria employees have taken legal action over their dismissal from service by the administration of President Bola Ahmed Tinubu.
Naira opens new week strongly as CBN updates dollar, pound, euro exchange rates
The Nigerian currency, the naira, has appreciated against the dollar in both the official and unofficial foreign exchange markets, as CBN prepares to intervene.
Traders quote new rates as naira strengthens against British pound, euro
The Nigerian currency, the naira appreciated against the British pound and the euro for most of July, rising from 2,094.83 per pound to N2,82.09.
More money: Access, UBA, GTB, Zenith, other banks make changes to customers' savings account
The Central Bank of Nigeria has released the percentage interest rate Deposit Money banks (DMBs) will pay customers for saving on their accounts.
Nigeria falls behind as Tunisia, Libya, other countries’ currencies are named strongest in Africa
The strongest currencies in Africa have been named and countries such as Tunisia and Libya were included. Nigeria's absence was, however, a conspicuous one.
New exchange rate as naira depreciates again against US dollar
Nigerian currency's poor performance against other foreign currencies continued in the official and unofficial foreign exchange markets against the dollar, others.
From N841/$: Naira loses to dollar, falls by 35% to new price
The exchange rate of the naira against the dollar in the NFEM fell by 35.53% in the first quarter of 2024, from N841.15/$ in the fourth quarter of 2023 to N1,304/$.
Access, others sell dollars at cheaper rate as naira gains in official market, falls in black market
The Nigerian currency, the naira, came back against the dollar in the official market after the CBN announced a record remittance inflows into the Nigerian economy.
Naira
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