The Central Bank of Nigeria (CBN) has spent $8 billion defending the Naira against the dollar, according to economist Bismarck Rewane. Despite this, inflation remains a concern, with many Nigerians questioning its reported decline. Experts warn of potential economic risks if CBN's foreign...
The Central Bank of Nigeria’s Electronic Foreign Exchange Matching System (EFEMS) has strengthened the naira to N1,587.29/$1 in the official market, driving market transparency and efficiency. Launched in December 2024, EFEMS aims to unify exchange rates, reduce risks, and attract foreign...
The dollar continued to brush aside other currencies Thursday after further proof of the booming US economy sent Treasury yields surging, but Asian equities sank with more Federal Reserve rate hikes looking certain.....
Read more via The Guardian Nigeria Newspaper – https://ift.tt/2RkHimy...
Nigerian naira on Thursday opened trading on the bullish side gaining N3 against the dollar at the parallel market.
Table below shows today's (15/06/2017) exchange rate of the Nigerian Naira against the Dollar, Pound...
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Nigerian naira appreciated on the black market segment to 367 to the dollar but depreciated to 307 at the official market rate
Table below shows today's (12/06/2017) exchange rate of the Nigerian Naira against the Dollar, Pound and Euro:
The Nigerian naira on Monday opened trading flat against the three major currencies at the parallel market.
At the official market, the currency remained pegged at 305 to the dollar.
See table for today's (06/03/2017) exchange rate of the Nigerian Naira against the Dollar, Pound and Euro...
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