Naira
Expert predicts naira to dollar exchange rate for next month
Bismarck Rewane, the chief executive officer of Financial Derivatives Company has predicted how the naira will perform against foreign currencies in the next months.
Forex traders sell dollar at new exchange rate as naira depreciates in official market
Nigerian currency value was unchanged against the US dollar, British pound, and the euro as organized labour's strike action affected economic activities.
Naira vs dollar: Experts propose what CBN, FG must do to strengthen Nigeria's currency
Renowned financial experts, Rewane and Oye have suggested ways by which the government can stabilise the naira for it to compete favourably with the US dollar.
Naira starts June strong as dollar sells at new exchange rate, British pound nears N2,000
The Nigerian currency has started the month of June with an improvement against the US dollar in the official and unofficial foreign exchange markets.
“Over N1 billion”: Dangote gives strict condition to sell diesel, marketers protest
The minimum cap of one million liters of automobile gas oil (AGO) fuel set by the Dangote Petroleum Refinery has been criticized by the marketers.
CBN supplies biggest dollar sale in one month as analyst predicts new stable naira rate
The Central Bank of Nigeria (CBN) had its most dollar sales in a single month in May 2024 when it intervened in the foreign exchange market to bolster supplies.
Good news for naira as Nigeria finally pays off debt to airlines, 2% remaining
The International Air Transport Association reported that Nigeria has requested final approval and paid 98% of the airlines with funds that are still in the country.
Naira depreciates against US dollar in official market, BDC traders give new exchange rate
The Nigerian currency, the naira, has ended the month with another loss, continuing to erode the gains recorded in previous months in the foreign exchange market.
Imported items to get cheaper as FG committee proposes new custom import duty rate to clear goods
The Presidential Committee on Fiscal Policy and Tax Reforms has recommended to the Central Bank of Nigeria the ideal dollar exchange rate for customs duty.
Naira
Load more