Naira
The Central Bank of Nigeria (CBN) has adjusted the customs exchange rate to clear goods at the ports as the value of the naira depreicates further.
The Central Bank of Nigeria (CBN) has disclosed that dollar inflows from International Money Transfer Organisations increased by 47% to $2.33 billion in 2024.
The Nigerian currency's value has improved against the United States dollar in official and unofficial foreign exchange markets on first trading day of November.
The Nigerian currency, the naira, again depreciated in the official and parallel foreign exchange windows on Thursday, October 31, 2024, after a brief rise.
The value of the naira has once again depreciated against the United States dollar, pound and the euro in the official and unofficial foreign exchange markets.
The Central Bank of Nigeria (CBN) has reduced the foreign exchange rate for Nigeria Customs duty for cargo clearance at Nigeria's air and seaports.
The Nigerian currency, the naira, has got a new position in the list of worst-performing currencies in the world as the value continue to depreciate in FX market.
According to Bloomberg in a new report, one of the top 10 underperforming currencies in the world is the naira, which is the currency used in Nigeria.
The Nigerian economy has seen the closure of many companies, especially multinational firms, which threw many Nigerians into the labour market in four years.
Naira
Load more