Naira Slides to N412 on Monday as Scarcity Deepens
Naira Slides to N412 on Monday as Scarcity Deepens The Nigerian Naira slid against the US dollar on Monday following the suspension of the US…
Naira
Naira Slides to N402/$1 as CBN Suspends FX Sales
Naira Slides to N402/$1 as CBN Suspends FX Sales The foreign exchange rate of the Nigerian Naira to a US dollar declined further on Friday…
Naira Trades at N515 to US Dollar in FX Forward Market
Naira Trades at N515 to US Dollar in FX Forward Market Following the Central bank of Nigeria (CBN)’s decision to adjust the foreign exchange rate…
ABCON Directs Members to Sell Dollar at N380/$
ABCON Directs Members to Sell Dollar at N380/$ The Association of Bureaux De Change Operators of Nigeria (ABCON) on Monday directed all members of the…
CBN Devalues Naira by 15% Amid Low Oil Prices, Weak Reserves
CBN Devalues Naira by 15% Amid Low Oil Prices, Weak Reserves As reported by Investors King on Friday, the Central Bank of Nigeria (CBN) has…
Devaluation: CBN Sells Dollars at N380.2/$ to Foreign Investors
Devaluation: CBN Sells Dollars at N380.2/$ to Foreign Investors There are reports that the Central Bank of Nigeria (CBN) exchanged the US dollar to Naira…
Bureau De Change Insists Naira Remains N360/$
Bureau De Change Insists Naira Remains N360/$ Despite growing uncertainty and surged in the foreign exchange rate of the Naira to the US dollar, the…
Naira Slides Against the US Dollar on Thursday
Naira Slides Against the US Dollar on Thursday The value of the Nigerian Naira declined against the US dollar after President Trump proposed a $1…
CBN Says No to Naira Devaluation, Blames Speculators
CBN Says No to Naira Devaluation, Blames Speculators The Central Bank of Nigeria (CBN) on Thursday said the available fundamentals do not support naira devaluation…
Naira Exchanges at N410 Per Dollar on Thursday
Naira Exchanges at N410 Per Dollar on Thursday The Nigerian Naira declined against the US dollar on the parallel market on Thursday as businesses fear…