The Central Bank of Nigeria, CBN, has issued a fresh directive to all banks and Nigerians regarding accepting old and redesigned Naira notes. CBN issued the...
The Supreme Court, on Wednesday, ruled that old and new Naira notes will co-exist as legal tender until further notice. Recall that in March 2023, the...
The free-fall of the naira continued unabated at both the official and parallel markets on Tuesday. The Nigerian currency depreciated by 7.63% to close at N881.88/$1...
The naira slumped against the dollar on Monday, November 27, 2023, to close at N814.60/$1 at the official Nigerian Autonomous Foreign Exchange Market NAFEM window. This...
The intraday high recorded was N1130/$1 as the naira fell against the U.S. dollar at the official but closed flat at the parallel market. The naira...
The Nigerian naira staged a comeback to appreciate massively against the dollar on Friday, 24th November 2023, closing at a new high of N794.89/$1 at the...
The naira, Thursday, November 23, 2023, continued its slump against the dollar at both the official and parallel market windows. The domestic currency depreciated 12.11% to...
The naira further crashed against the dollar at both the official market and the parallel market on Wednesday 22nd of November 2023. The domestic currency depreciated...
The naira fell against the U.S. dollar at the official but gained marginally at the parallel market after the local currency recorded a gain...
The naira, Wednesday, halted a 2-day slump to appreciate against the US Dollar at the official market. The exchange rate between the naira and dollar rose...
