foreign exchange market

Naira appreciates on both official, black markets after CBN raises interest rate

Naira appreciates on both official, black markets after CBN raises interest rate

The naira gained strength against the dollar in the foreign exchange market following the Central Bank of Nigeria's recent interest…

4 weeks ago

Naira crashes by N10.3 against Dollar, closes at N1,681/$ on Official Market

The naira depreciated by N10.3 against the U.S. dollar at the official window on Wednesday. According to data from the…

2 months ago

Naira crashes after CBN’s fifth interest rate hike to 27.25%

The naira experienced a significant decline against the dollar in the foreign exchange market following the Central Bank of Nigeria's…

3 months ago

BREAKING: Naira crashes massively against dollar at official, black market

The naira fell against the dollar in both official and parallel foreign exchange markets, ending the week on a low…

4 months ago

Naira appreciates to N1,600 in parallel market, depreciates in NAFEM

The Naira appreciated yesterday in the parallel market, strengthening to N1,600 per dollar from N1,615 per dollar on Wednesday. However,…

4 months ago

Naira floors dollar for second consecutive time in foreign exchange market

The naira appreciated for the second consecutive day in the foreign exchange market as the turnover of FX supply surged.…

6 months ago