Naira
New exchange rate as naira reverses gain, falls against US dollar in official and black market
The value of the Nigerian currency, the naira, continued its free fall against the United States dollar in the foreign exchange market, and it could get worse.
CBN clarifies position on converting foreign currency in domiciliary accounts to naira
The Central Bank of Nigeria (CBN) has disclosed that commercial banks must allow domiciliary account holders to convert their foreign currencies to naira.
Naira makes great recovery in official and black marketsafter depreciating to lowest
The naira recovered in the official and black markets on November 7, 2024, after falling to its lowest the day earlier as the US dollar rebounded strongly.
CBN hikes exchange rates for importers as dollar strengthens amid Donald Trump’s win
The Central Bank of Nigeria (CBN) has hiked the Customs exchange rates for cargo clearance in Nigeria's ports as the Nigerian currency, the naira fell.
Donald Trump: Naira crashes to lowest level against US dollar in official market
The value of the naira continues its free fall against the US dollar in the foreign exchange market and is now currently at the lowest level in history.
Dollar rises against pound, euro after Trump’s victory, naira falls
The value of the United States dollar reached a new high against major foreign currencies following the triumph of Donald Trump as the next US president.
Dollar crashes in official market as supply rises to $5.4 billion
The Nigerian currency, the naira rose 0.33% in the official foreign exchange market on Tuesday, November 5, 2024, to trade at N1,671 per dollar from N1,676.
Dollar supply in forex market hits $5.4 billion as naira trades at new rates
Data from the foreign exchange market shows that despite the naira's fall, the forex turnover in October rose to $5.4 billion from $3.31 billion in September
Again, naira crashes against US dollar, pound in official forex markets
The value of Nigerian currency has appreciated against the dollar and the Central Bank of Nigeria has provided an update on the latest exchange rates.
Naira
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