Naira
CBN gives orders to Access, UBA, Zenith, others over dirty banknotes from customers
The Central Bank of Nigeria (CBN) has warned Nigerian banks against rejecting dirty and mutilated naira notes, threatening strict sanctions for non-compliance.
Again, naira crosses new threshold in official market as gap between official, parallel markets widen
The naira again hit a threshold at the official and parallel markets on Wednesday, June 3, 2024, trading at N1,512 per dollar and N1,520, respectively.
No more N1,696/£: CBN quotes British pound for new rate as naira gains N162
Naira steadied in June, trading within the N1800 to N1,900 per British Pound region, despite that the local currency began the month at a low of N1879.26.
“N1,500 Per Dollar”: CBN Governor sends message to Nigerians over naira depreciation, makes promises
The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has promised that the worst days of the naira are over despite the recent crash.
Naira crashes again in official market, BDC traders quote dollar exchange rate
The Nigerian currency, the naira, continued its poor performance against the US dollar in the foreign exchange markets, leaving CBN with a big headache.
Naira gets new rating among world's currencies in 2024, depreciates in official and parallel markets
The Nigerian currency, the naira has been rated as the world's worst currency in the first half of 2024 after depreciating for nine consecutive days.
“It was sold for N3.5 million”: Expert speaks on new economy tickets price to UK, US
The newly elected president of the National Association of Nigeria Travel Agencies (NANTA), has expressed concerns about the travel industry's collapse.
Boost for naira as Nigeria’s external reserves hit $34 billion, diaspora remittances sure
Nigeria has recorded an improvement in its external reserves, which has risen to $34 billion, the highest since March this year when it stood at $32.1bn.
Naira depreciates again against US dollar, banks, traders quote new exchange rate
The Nigerian currency, the naira, continued its poor performance against the US dollar and other currencies in the official and unofficial foreign exchange markets.
Naira
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