Naira
CBN takes another step to crash dollar, predicts new exchange rate
The Central Bank of Nigeria has conducted another round of intervention to recover the value of the Nigerian currency in the foreign exchange markets.
CBN predicts new naira to dollar exchange rate, gives reasons
The Central Bank of Nigeria has predicted a stronger naira against the dollar, citing various reforms and improvements in crude oil production as key drivers.
Black market traders sell dollar at new exchange rate as CBN stops naira depreciation
The Central Bank of Nigeria's intervention in the foreign exchange market has provided the needed support for the naira to appreciate in value against the dollar.
CBN to make changes on Interest rates on savings accounts as it crashes dollar for BDCs
The Central Bank of Nigeria (CBN) governor, Olayemi Cardoso, has disclosed why CBN may hike interest rates again as inflation surges in Nigeria to 34.19%.
Good News: CBN Crashes Dollar, Sets Exchange Rate for BDCs
The Central Bank of Nigeria has conducted another round of dollar sales to Bureau de Change operators and have set a strict selling exchange rate.
Black market traders quote new dollar exchange rate, CBN fights back
The value of the Nigerian currency has depreciated again in the unofficial market and is now above an exchange rate of N1,600, forcing the CBN to react.
CBN updates customs exchange rate, importers to pay more to clear goods at airports, ports
The Central Bank of Nigeria has a new customs exchange rate for cargo clearances at Nigeria's ports and airports after another fall of the naira in FX markets.
Naira crashes in official market again despite surge in FX Inflows
The Nigerian currency, the naira crashed near N1,600 in the official market on Wednesday, July 17, 2024, despite improvements in foreign exchange inflows.
GBP: Naira nears lowest in history as Bank of England moves to make important decision
Rising inflation rates and stronger demand caused the British pound sterling to hit a one-year high of N2,035/£1 at parallel markets across Nigeria.
Naira
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