For the second consecutive day, the naira slumped against the US dollar at both the official and parallel markets. The exchange rate between the Nigerian currency...
The Central Bank of Nigeria (CBN) has extended the validity of the old notes indefinitely. The apex bank’s Director, Corporate Communications, Isa AbdulMumin, in a statement...
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso has explained that the bank will withdraw from directly funding initiatives to more advisory roles...
The naira began the week by declining against the U.S. dollar at both the official and parallel markets on Monday 13th November 2023 indicating a reversal...
The naira seems not to be responding to the antidote administered to it by the Federal Government as the Nigerian currency continued its slump on...
The naira fell against the U.S. dollar at both the official and parallel market on Wednesday marking a sharp reversal from the temporary gain...
The Central Bank of Nigeria (CBN) have directed all its branches across the country to continue to issue different denominations of the old and...
Naira depreciated against the dollar on Monday, 6th November 2023, closing at N809.02/$1 at the official market, representing a 4.06% increase from the N776.14/$1 recorded...
Forbes Advisor has ranked the naira as the 96th strongest currency in the world. The ranking to determine the strongest of the 180-odd traditional fiat currencies...
For the second day running, the Naira continued its rebound against the United States Dollar on Friday, strengthening to N950/$ on the average in the parallel...
