Tag: Naira

FOREX Demand Pressure Crashes Naira by N1.22 at I&E - The Naira came under immense pressure on Friday against the United States Dollar at the Investors and Exporters (I&E) segment of ...

Nigerian Naira Weakens by 0.12% at Official Window - The Nigerian Naira weakened against the US Dollar at the Investors and Exporters (I&E) segment of the foreign exchange (forex) market on ...

Naira depreciation threatens Nigeria’s economy’s outlook - The continuing depreciation of the naira is affecting business activities and threatening Nigeria’s corporate outlook with wide implications for the economy, the Lagos Chamber ...

FX website, AbokiFX says it will temporarily suspend rates update amid CBN crackdown - AbokiFX, an online foreign exchange rate website, has said it will temporarily suspend rates on all its ...

Naira Sells N413.07/$1 at I&E, N570/$1 at Black Market - As observers await a possible policy action from the Central Bank of Nigeria (CBN) on Friday just like it happened on July ...

Crumbling Naira value raises fear of hyper-inflation - There are growing concerns that unless drastic measures are urgently taken, the current unprecedented downward spiral of the Naira may lead to a ...

Naira Loses 0.21% to Trade N411.67/$1 at I&E - The Naira started the new trading week on a wrong note as it depreciated against the Dollar by 87 kobo or 0.21 ...

Nigerian Naira falls to N510/$ at parallel market - THE Nigerian local currency yesterday lost N5 to close at N510/$1 at the parallel market over rising volatility in the foreign exchange ...

Naira Now N508/$1 at Unregulated FX Market as Pressure Eases - The value of the Naira against the United States Dollar at the black market has further strengthened to N508/$1, Financial Watch reports. ...

Nigerian Naira Loses against USD at Parallel Market as CBN Stops dollar Sales to BDCs - In the just concluded week, Naira depreciated against the greenback at the Bureau De Change ...