The Central Bank of Nigeria has hiked the exchange rate to clear goods at the nation's ports as naira continues to struggle ...
The Nigerian currency has lost more value against the United States dollar on the Nigerian Autonomous Foreign Exchange Market ...
By Elizabeth Adegbesan However, the Naira yesterday appreciated to N1,715 per dollar in the parallel market from N1,725 per ...
Experts have said the steady build-up in foreign reserves would support naira’s stability in the meantime, providing a ...
The naira has lost ground, breaking the N16000/$ support level against the dollar in the official foreign exchange market, with ...
Yemi Cardoso, has said that Nigeria’s reserves have risen to $39.12 billion as of October 11, 2024. The CBN governor said this translates to about a 12.74 percent increase from $34.70 billion at the ...
Olayemi Cardoso, CBN governor, says the country’s foreign reserves rose by 12.74 percent to $39.12 billion as of October 11.
On Monday, the first trading day of the week, the naira strengthened on the official foreign exchange (FX) market, rising to ₦88.35 vs the US dollar. Despite a decline in market liquidity, this is the ...