Nigeria’s external reserves declined by US$388.74 million in the first nine days of March 2021, according to the latest data from the Central Bank of Nigeria...
Naira Exchange Rates; Thursday, March 11, 2021 Forex scarcity amid economic uncertainty continues to weigh on the Nigerian Naira. The Naira exchanged at N482 to a...
The new “Naira 4 Dollar” initiative was introduced because of the failure of the diaspora remittance policy announced in November 2020, when the apex bank adjusted...
Naira Exchange Rates; Wednesday, March 10, 2021 Naira traded weak against its global counterparts despite the Central Bank of Nigeria‘s efforts at propping up its value....
The Nigerian Naira depreciated against global counterparts at the parallel market popularly known as the black on Monday despite efforts by the Central Bank of Nigeria...
Naira Exchange Rates; Tuesday, March 9, 2021 Despite the Central Bank of Nigeria‘s efforts at stabilising the Naira and reduce foreign exchange scarcity across key forex...
Naira Exchange Rates; Monday, March 8, 2021 Naira opened weak at N482 against the United States Dollar on Monday, March 8, 2021 despite the central bank’s...
CBN to Pay Receivers of Diaspora Remittances N5 for Every $1 Received In a desperate move to encourage diaspora remittances, the Central Bank of Nigeria (CBN)...
Naira Exchange Rates; Friday, March 5, 2021 Naira remained pressured across key foreign exchange markets on Friday, March 5, 2021 as scarcity persists. The local currency...
Naira Exchanges at N427 Against the United States Dollar on I&E FX Window The Nigerian Naira plunged to as low as N427.45 against the United States...
