Naira

BREAKING: Committee on FG’s Naira-for-crude policy meets in Abuja

The Committee on Naira-for-Crude is meeting this afternoon at the Ministry of Finance to discuss the policy. According to information…

2 months ago

CBN uncovers N2.3m in unauthorised Naira transactions

THE Central Bank of Nigeria (CBN) has raised alarms over the rising trend of illicit transactions involving the Naira, warning…

2 months ago

Naira gains, trades N1,517.93/$ at official market

The Naira ended the week positively on Friday, trading at N1,517.93 to a Dollar in the official market.

2 months ago

Naira crumbles in official market, trades at N1,498.98/$

The Naira depreciated in the official market on Monday, trading at N1,498.98 to a Dollar. Data from the Central Bank…

2 months ago

Naira crumbles as CBN extends FX sales deadline

The Naira depreciated at the official market on Monday, trading at N1,495.60 to a dollar. Data from the FMDQ Security…

3 months ago

Naira strengthens to N1,590/$1 in parallel market, weakens on official window

The Nigerian Naira appreciated significantly at the parallel market on Monday, strengthening to N1,590 per US dollar, compared to N1,610…

3 months ago

Naira appreciates, trades N1,630/$ in parallel market

The Naira has appreciated in value, rising to N1,630 per dollar in the parallel market, up from N1,640 per dollar…

3 months ago

CBN launches DocFlow, MDA naira payment solutions

THE Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, launched two transformative initiatives: the Document Flow (DocFlow)…

4 months ago

What you should know about Banknote Handling Practices

Many Nigerians are not aware that there are regulations in handling of banknotes; these regulations are not only in existence,…

4 months ago

Naira depreciates to 1,541/$ on first trading day of 2025

The Nigerian naira has declined to N1,541.36/$ in the official foreign exchange market on the first trading day of the…

4 months ago

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