Naira
Importers to pay more as CBN hikes Customs exchange rates, naira Falls to new low
The Central Bank of Nigeria (CBN), has adjusted the Customs Exchange rates for cargo clearance at Nigeria's port following the depreciation of the naira at NAFEM.
Expert predicts new exchange rate, rice price as CBN takes action to crash the dollar
The managing director of Financial Derivatives Company Limited, Bismarck Rewane, has predicted that the naira will recover from N1,500 per dollar to N1,700.
Traders quote new exchange rate as naira crashes again against US dollar after CBN’s decision
The naira has depreciated further against the dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) despite the CBN's intervention efforts.
Expert speaks on real impact as CBN increases interest rate
The Central Bank of Nigeria has decided to once again make adjustments to interest rates, and Muda Yusuf, the CEO of CPPE, has reacted to the changes.
CBN crashes dollar for importers as Nigeria’s FX reserves rise to new high in 17 months
The Central Bank of Nigeria (CBN) has announced a new exchange rate for importers to clear goods from Nigeria's port, crashing it to N1,541 from N1,584 per dollar.
Airline operators raise alarm on New airfares as one-way ticket skyrockets
Airline operators have sent a message to the federal government on the impending increase in airfares citing various reasons which include the exchange rate.
Full list: Netflix increases subscription prices for Nigerian users
Netflix, the world’s largest paid video streaming service, has again increased prices for all its packages to reflect the current state of the naira.
Boost for Naira, investors as Nigeria’s external reserves rise to $37 billion
The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso has said that Nigeria's foreign reserves experienced a surge of $37.05 billion in July 2024.
Buyers quote new exchange rates for dollar in official, black Market as CBN intervenes
The Nigerian currency, the naira, crashed to N1548.76 per dollar against the US dollar after rising to N1,500 per dollar in the official market after CBN's FX sales.
Naira
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