Naira
CBN crashes dollar in new sales, approves new exchange rate for BDCs
The Central Bank of Nigeria has announced another dollar sale to Bureau de Change operators and has set a strict selling exchange rate for Nigerians.
Naira appreciates massively after CBN sells ‘cheap dollars’ to BDC operators
The Nigerian currency has appreciated significantly against the dollar, British pound, and euro in the foreign exchange market after the CBN's intervention.
CBN announces new dollar exchange rate for importers to clear goods
The Central Bank of Nigeria has made adjustments to the dollar exchange rate used for cargo clearances at Nigeria's ports as the naira free fall continues.
CBN adjusts FX for banks, currency traders, others as naira sets new records in official window
The Nigerian currency, the naira has plummeted to an all-time low in the official market and a seven-month low in the parallel market on September 25, 2024.
CBN, Access, Zenith, UBA, others Sell $9.9 billion as traders Quote new rates for naira against USD
The Nigerian Autonomous Foreign Exchange Market (NAFEM) witnessed a surge of forex in August, resulting in a massive turnover of $9.9 billion in August 2024.
CBN identifies forces behind naira crash against US dollar as new exchange rate emerge
The Central Bank of Nigeria has named the forces behind the depreciation of the naira against the dollar and other currencies in the foreign exchange markets.
Naira nosedives against dollar as CBN reports rise in Nigeria’s external reserves
Amid an increase in foreign reserves and a hike in Nigeria's interest rates, the naira fell against the US dollar, depreciating to N1,658. per dollar from N1,562/$.
CBN, currency traders give new exchange rates as Naira depreciates against US dollar
Nigerian currency has depreciated further against the United States dollar in the foreign exchange markets amid a drop in dollar supply into the forex market.
External reserves break new record under Tinubu, hit 22-month high as naira gets new position
Information from the Central Bank of Nigeria (CBN) has reported a surge in Nigeria's FX reserves, hitting a 22-month high since September 20, 2024.
Naira
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