Naira
Naira bounces back in the official window as dollar supply rises
The Nigerian currency, the naira, staged a dramatic comeback in the official foreign exchange mart after depreciating for days, leading to a high cost of goods.
Again, CBN raises interest rates, banks to adjust savings accounts and loans
The Central Bank of Nigeria, Monetary Policy Committee (MPC) led by Olayemi Cardoso, has announced another increase in interest rates to fight inflation.
Naira crashes against US dollar in foreign exchange markets
The Nigerian currency has lost more value against the dollar in the official Nigerian Autonomous Foreign Exchange Market (NAFEX) and unofficial FX market
Experts predict another increase in interest rate as inflation continues to rise
The Central Bank of Nigeria is set to announce a new interest rate as its Monetary Policy Committee meets for two days for the last meeting of the year.
Dollar crashes for a second time in Official window as traders quote new rates
The Nigerian currency, the naira, gained for the third time in a week against the US dollar due to an improvement in foreign exchange supply in the official window
Naira depreciates by N38/dollar despite increase in FX market turnover
According to the FMDQ Exchange, the naira depreciated against the dollar in October 2024 as the forex market remained volatile during the period of time.
Naira finally recovers against dollar as traders quote new rates in official window
The Nigerian naira has bounced back after several days of depreciation in the official and parallel markets. It traded at N1,658.99/$ on Thursday, November 21, 2024
Again, CBN adjusts Customs exchange rate to clear goods as naira falls against US dollar
The Central Bank of Nigeria has once again adjusted the Nigerian Customs' exchange rate, which is used by importers to clear goods at airports, and ports.
Naira’s value against dollar changes as Access, UBA, other traders quote new rates
The Nigerian currency experienced another crash against the dollar on Wednesday, November 20, 2024, after a brief rise in value the previous day.
Naira
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