naira rate

  1. Decoding Naira's Strength Illusion: Top 10 Insights from the FIJ's Interview on Nigeria's Currency Manipulation

    Decoding Naira's Strength Illusion: Top 10 Insights from the FIJ's Interview on Nigeria's Currency Manipulation

    Image by Gerd Altmann from Pixabay In a recent eye-opening interview with the Foundation for Investigative Journalism (FIJ), crypto market analyst Mikael Bernard delved into the complexities surrounding the Nigerian Naira's recent surge in value. This discussion unearthed critical insights...
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    Business Nigeria - 19/03/2019: Today's Naira Rate Against The Dollar, Pounds And Euro

    Today's (19/03/2019) exchange rate of the Nigerian Naira against the Dollar, Pound and Euros
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    Business Nigeria - 22/10/2018: Today's Naira Rate Against The Dollar, Pounds And Euro

    Today's (22/10/2018) exchange rate of the Nigerian Naira against the Dollar, Pound and Euros
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    Business Nigeria - 10/10/2018: Today's Naira Rate Against The Dollar, Pounds And Euro

    Today's (10/10/2018) exchange rate of the Nigerian Naira against the Dollar, Pound and Euros
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    Business CBN Injects $195m into Forex Market

    The Central Bank of Nigeria (CBN) on Monday injected the sum of $195 million into the interbank foreign exchange (forex) market. Figures obtained from the Bank indicated that the central bank offered $100 million to authorised dealers in the wholesale segment of the market, while the small and...
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    Business CBN Pumps Fresh $250m Into Forex Market

    The Central Bank of Nigeria (CBN), on Monday intervened with another sum of $250 million Its continuing efforts to keep the inter-bank foreign exchange market liquid. A breakdown of Monday’s intervention indicates that the wholesale sector was offered the sum of $100 million, just as the...
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    Business Naira To Further Improve Next Months - CBN

    The Central Bank Of Nigeria, CBN, on Wednesday, remained optimism that the naira will further appreciate months to come and boost dollar supply by selling $195 million into various segment of the interbank foreign exchange market. A breakdown of the intervention indicated that authorized...
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    Business CBN Boosts FX Supply With $240m To Stabilises Naira

    The Central Bank of Nigeria (CBN) had last Friday, allocated the total sum of $240 million to the Retail Secondary Market Intervention Sales (SMIS) for spot and forward deals for the Eid Fitr holidays. The Bank, also confirmed the sale of forex to dealers in the Bureau de Change (BDC) segment...
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    Business Nigeria: 23/06/2017 - Today's Naira Rate Against Dollars, Pounds and Euros

    Nigerian naira on Friday sustained trading at the parallel and black market segments. Table below shows today's naira rate against dollar, pound and euro at the parallel and official market segments: ...
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    Business Nigeria: 22/06/2017 - Today's Naira Rate Against Dollars, Pounds and Euros

    Nigerian naira on Wednesday opened on the bullish side against the Euro and Pound at the parallel market. Table below shows today's naira rate against dollar, pound and euro at the parallel and official market segments:
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    Business Nigeria: 21/06/2017 - Today's Naira Rate Against Dollars, Pounds and Euros

    Nigerian naira on Wednesday sustained gain at the parallel market. The stability was attributed to weak demand for dollar and increased supply due to dollar sale to bureaux de change by the Central Bank of Nigeria (CBN). Table below shows today's (21/06/2017) exchange rate of the Nigerian...
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    Business Nigeria: 20/06/2017 - Today's Naira Rate Against Dollars, Pounds and Euros

    Nigerian naira on Tuesday opened trading flat at the parallel market. Table below shows today's (20/06/2017) exchange rate of the Nigerian Naira against the Dollar, Pound:
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    Business Nigeria: 19/06/2017 - Today's Naira Rate Against Dollars, Pounds and Euros

    Nigerian naira on Monday opened trading on the booming side at 368 to the dollar after closing 370 last Friday. This is coming as Central Bank of Nigeria, CBN, continues to intervene at inter-bank market to the foreign exchange policy. Table below shows today's (19/06/2017) exchange rate of...
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    Business Nigeria: 16/06/2017 - Today's Naira Rate Against Dollars, Pounds and Euros

    Nigerian naira on Friday sustained trading rate against all major currencies at the parallel market. Table below shows today's (16/06/2017) exchange rate of the Nigerian Naira against the Dollar, Pound:
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    Business Naira To Appreciate Against Dollar Next Week - Analysts

    The naira is expected to appreciate further against the United States dollar in the coming week as offshore investors pile into local stocks, currency and financial analysts told Reuters. The analysts, said, the naira will likely strengthen against the dollar in the coming days as more offshore...
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    Business Naira Gains 0.15% To Close At 305/$1 At Official Market

    Nigerian naira on Thursday appreciated by 0.15 per cent against the dollar to close at 305.25 at the official market but depreciated at the parallel market to 370 to the dollar. The investors and exporters forex window rate opened at N372.03 and closed at N365.07, according to tag on the FMDQ...
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    Business Nigeria: 14/06/2017 - Today's Naira Rate Against Dollars, Pounds and Euros

    Nigerian naira on Wednesday sustained trading at the official and black market segment as CBN pumped over $400 million into foreign exchange market. Table below shows today's (14/06/2017) exchange rate of the Nigerian Naira against the Dollar, Pound and Euro:
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    Business Naira Falls 0.82% to 370 Against Dollar At Parallel Market

    Nigerian naira fell 0.82 per cent to 370 against the dollar at the parallel market despite Central Bank of Nigeria, CBN, over $400 million forex intervention on Monday. The currency also fell to 411 against Euro but appreciated by N2 to 465 against rhe Pound sterling at the black market...
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    Business Nigeria: 13/06/2017 - Today's Naira Rate Against Dollars, Pounds and Euros

    Nigerian naira maintained stability on Tuesday morning as the Central Bank of Nigeria intervened in the inter-bank foreign exchange market with $413.5 million on Monday. The move is part of efforts by the Apex bank to guarantee liquidity in the system. Table below shows today's (13/06/2017)...
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    Business CBN Pumps Over $400m Into Forex Market

    The Central Bank of Nigeria intervened in the inter-bank foreign exchange market with $413.5 million on monday, to guarantee liquidity in the system. A breakdown of the latest round of intervention shows that $100 million was allotted to the wholesale window, while the small and medium...
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