
Naira







Singer Naira Marley was remembered by netizens after he was seen having a good time at a party. He rocked a N6m shirt which attracted mixed reactions online.

The naira's exchange rate rose by 4.49 per cent in the official market on Tuesday, October 9, 2024, closing at N1,561 as against N1,635 on Monday, October 8, 2024.

Despite the CBN's efforts, the naira has depreciated once again in value against the dollar, British pound, and euro in the foreign exchange market.

The Nigerian currency, the naira, rose in the official and parallel markets on Friday, October 4, 2024, following the increase in global crude oil prices.

The Central Bank of Nigeria (CBN) has disclosed that it carried out forex sales amounting to $543.5 million to an average of 26 authorised dealer banks in 11 days.

The Central Bank of Nigeria is planning to introduce EFEMS to an Electronic Foreign Exchange Matching System that will provide real-time date of naira exchange rate.

The naira appreciated significantly against the dollar in the official and unofficial foreign exchange markets but fell against the British pound and euro.

About 10 African currencies have emerged as the continent's strongest against the US dollar, while the Nigerian currency, the naira, wobbles amid devaluation.

The Nigerian currency, the naira, plummeted to its lowest in history in the official market on Wednesday, October 2024, beginning the month low against the dollar.
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