Naira to depreciate to N1,804 per dollar in 2025 – Report
The Nigerian Naira has been projected to depreciate to N1,804 per dollar fair value at the official market in 2025....
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CBN denies selling FX to BDCs at N1,300 per dollar
The Central Bank of Nigeria has described as fake a circular that it authorised the sales of foreign exchange to...
US election: Dollar surges, Bitcoin hits record high as Trump declares victory
The dollar on Wednesday set for its biggest one-day rise since March 2020 against major peers. Bitcoin also jumped to...
Pressure mounts on naira, falls to N1,740 in parallel market
There are indications that the local currency is set to fully reverse its gains as the depreciation trend enters a...
Naira-for-crude: LCCI urges govt to peg exchange at $/N1,000
The Lagos Chamber of Commerce and Industry urges the Federal Government to provide crude oil to local refiners at a...
Naira gains N126 against dollar in 48-hour
The Naira gained N126.64 against the dollar at the official foreign exchange market in 48 hours. FMDQ data showed that...
Naira slumps massively against dollar in response to CBN’s interest rate hike
The naira crashed massively against the dollar in the foreign exchange market amid the Central Bank of Nigeria’s fifth interest...
Naira down to N1,660 in parallel market
The Naira yesterday depreciated to N1,660 per dollar in the parallel market from N1,645 per dollar last week Friday. However,...
Naira nears N2000 per dollar exchange rate at black market
The Naira raced to N2,000 per dollar at the black market on Saturday despite the Central Bank of Nigeria’s sale...
Naira down to N1,640 in parallel market
The Naira yesterday depreciated to N1,640 per dollar in the parallel market from N1,620 per dollar on Wednesday. Similarly, the...
