Naira
Dollar sells cheaper in parallel market as naira crashes in official window
The Nigerian currency strengthened in the parallel market to trade at N1,280 per dollar as the naira depreciated marginally in the official market recently.
British pound crashes as naira gains over N200/£ amid CBN’s directives to banks, BDCs, others
The CBN's ongoing directives to support the local currency have allowed the Nigerian naira to continue strengthening against major foreign currencies.
Expert speaks on future of naira, explains why commodity prices are not reducing despite naira gain
It will take time for advances in foreign exchange rates to be translated into cheaper commodities prices, according to financial specialists in a report.
Currency dealers quote new rates as dollar crashes against the naira in all markets
The Nigerian naira has gained over N100 in 24 hours as the US dollar crashed again in the parallel and official markets on Wednesday, March 27, 2024.
CBN announces over $1.5 billion forex inflow into Nigeria
The Central Bank of Nigeria has announced a substantial increase in forex inflow of over $1.5 billion in a big boost to the good performance of the naira.
Air Peace begins sale of tickets for Lagos-London flights, announces 'cheaper fares'
Air Peace has announced plans to begin selling tickets as it prepares to commence its London flight service, with special offers available for students.
Naira crashes during intraday trading in official market as daily forex turnover jumps to $857m
The Nigerian currency, the naira, crashed slightly against the US dollar, recording an intraday high of N1,392 per dollar, closing at N1,309.35 per dollar.
"N1,000/$": BDCs Speak on dollar selling lower in black market than official market
Black market dealers have said there is no truth in the report that the naira has crashed below N1,300 in the black market, saying the reported crash is a hoax.
Good news for Nigerians as international airline sell ‘cheap’ tickets over new Forex rate
The price of flights from Nigeria to other countries has significantly decreased since the naira's appreciation which has continued into the new week.
Naira
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