Naira
Naira to dollar exchange rate nears N1,300/$ as CBN clears FX backlog
Due to speculators selling off their hard currency holdings, the foreign exchange market is now in a buyer's market, and a N1,300 rebound for the naira is possible.
Naira appreciates by over N67 against US dollar, traders sell at new exchange rate
The Nigerian currency has once again improved against the US dollar in the foreign exchange markets, signaling the effectiveness of the CBN recent polices.
New dollar exchange rate as naira gains across all forex markets
The Nigerian currency, the naira, continued to improve in the foreign exchange markets as traders sold the dollar, the pound and euro at new rates.
UK firm predicts new naira to dollar exchange rate in 2024, says FG may increase tax on luxury items
The Economist Intelligence Unit has revised its forecast on the naira to dollar exchange rate in 2024 after it predicted more depreciation for the Nigerian currency.
Naira gains against all currencies, nears N1,500/$ in official, black markets after EIU prediction
The Nigerian currency made a significant comeback against major currencies, leaving the N1600 mark it traded for a week to rally at N1,572.85 per dollar.
“Expect it”: UK firms predict new naira to dollar exchange rate in 2024
Goldman Sachs and Standard Chartered, two top UK financial companies, have predicted that the naira will appreciate against the dollar in the coming months.
Naira appreciates against US dollar in official, black markets, again
The Nigerian currency, the naira has recorded another rise in value against the US dollar in the official and unofficial foreign exchange markets.
Traders sell dollar at new exchange rate as naira appreciates again at official, black markets
Nigerian currency, the naira, performed strongly against the US dollar in the official and black foreign exchange markets fell against the pound and euro.
Naira to dollar rate finally closes gap in all markets after Tinubu opened border
The naira to dollar closed gap on both the official and unofficial markets on Wednesday, March 14, as President Tinubu ordered that the border be reopened.
Naira
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