The Association of Bureaux De Change Operators of Nigeria (ABCON) says Binance operations in the country are one of the major factors putting pressure on the...
The naira plunged to a record low of N900/$1 on the parallel market on Tuesday, August 8, 2023, as demand for foreign currency outstripped supply....
The official market closed trading on Thursday with the naira to dollar exchange rate settling at N776.50/$1, according to FMDQ Exchange. The price of the United...
The Naira on Wednesday closed at N741.64/$1 at the official market as against the N789.08 it traded for on Tuesday, appreciating by N47.44 kobo on the...
On Tuesday, the naira to dollar exchange rate closed at N789.08/$1 in the investors’ and exporters’ window of the official market. The United States...
President Bola Tinubu’s adviser on monetary policies, Wale Edun, has blamed corruption, speculators and previous foreign exchange management before the current administration for the Naira’s inability...
The price of the United States Dollar dropped by N18.82 kobo on Monday in the Investors’ and Exporters’ window of the official market, dropping...
Nigeria’s currency in circulation, which is the amount of cash in paper notes or coins issued by the CBN to conduct transaction, climbed to N2.60 trillion...
The Economist Intelligence Unit (EIU), a distinguished provider of global business intelligence and market insights, says pressure on the Naira is expected to continue in the...
The value of the naira decreased by 3.85 per cent in the Investors’ and Exporters’ window on Thursday, as the dollar gained against the...