CBN Injects Over $300m Into Banks Amid Naira Recovery
The Central Bank of Nigeria (CBN) has taken decisive steps to shore up the value of the Nigerian Naira, injecting ...
Saturday, November 23, 2024
Tag: Naira
Naira Strengthens To ₦‎1,650/$ In Parallel Market
The Nigerian naira showcased a recovery trend against the US Dollar in the parallel market, driven by actions initiated during ...
Nigerian Naira Records Significant 5.22% Appreciation Against US Dollar
In a notable development on February 26, 2024, the Nigerian Naira experienced a substantial surge in value against the US ...
Naira Surges By 7.62% Against Pound On Black Market
In a surprising turn of events, the Nigerian naira witnessed a remarkable appreciation, reaching a peak of N2100 per Great ...
Use Naira As Only Legal Currency In Nigeria — Ned Nwoko
In order to stem the free fall of the Naira, Senator of the Federal Republic of Nigeria representing Delta North, ...
I&E Forex Inflow Plunges By 58.1% To $1.2bn
Foreign exchange inflows into the Nigerian Autonomous Foreign Exchange Market (NAFEM) receded last week as the value of the naira ...
Naira Marks Unprecedented 37.6 % Depreciation Against Dollar
In a shocking revelation, the Nigerian naira has undergone an unprecedented depreciation of 37.6 per cent against the U.S. dollar ...
CBN Tightens Grip On IMTO Outbound Transactions, Restricts Naira PayoutsÂ
The Central Bank of Nigeria (CBN) has adjusted the landscape for international money transfer operators (IMTOs), limiting their operations to ...
Parallel Market Exchange Rate Falls To N1,320/$1
The naira has again experienced a historic decline in the parallel market, it fell to a record low of ...
More Hardship For Nigerians As Naira Hits All-Time Low
The naira experienced a historic decline in the parallel market on Tuesday, driven by persistent dollar shortages and heightened ...
