nigeria currency

  1. Naira Hits N1,620/$ in Parallel Market as Depreciation Continues

    Nigeria Naira Hits N1,620/$ in Parallel Market as Depreciation Continues

    The naira fell to N1,620 against the dollar in the parallel market on July 18, marking its fifth straight day of depreciation. Official rates showed a slight recovery to N1,566.82. The Central Bank of Nigeria's interventions and calls for stabilization highlight ongoing concerns about currency...
  2. Today's Naira Rate [09-05-2024]: IMF Sounds Alarm as Naira Weakens, Exchange Rate Hits N1,459.73 Against Dollar

    Nigeria Today's Naira Rate [09-05-2024]: IMF Sounds Alarm as Naira Weakens, Exchange Rate Hits N1,459.73 Against Dollar

    Explore Nigeria's economic landscape as the naira depreciates against the dollar, reaching N1,459.73. IMF's call for stability amidst high demand and scarcity. Amidst a backdrop of economic turbulence, Nigeria's currency, the naira, continued its downward spiral against the US dollar...
  3. Naira Freefall: Nigerians Alarmed As Dollar Rate Hits 1,900

    Nigeria Naira Freefall: Nigerians Alarmed As Dollar Rate Hits 1,900

    The Nigerian naira is facing a severe crisis, dropping to N1,900 against the US Dollar in some cities, despite the government's crackdown on forex speculators. The Federal Government raided Bureau De Change (BDC) hubs in Abuja, Lagos, and Kano, leading to arrests of operators. National Security...
  4. Nigeria Metro News

    Metro Beggar rejects dirty N100 note, asks for better one – Laila’s Blog

    A Nigerian makeup artist, took to Instagram to narrate how a beggar rejected a dirty N100 note she gave him, and further requested for a better one...... Read more via Laila’s Blog – https://ift.tt/2yrmQZz Get More Nigeria Metro News
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    Politics We’ll fence Nigeria, change name, currency after defeating Buhari – JMPP explodes – Daily...

    Justice Must Prevail Party (JMPP) on Thursday said if elected into power in 2019, it would construct perimeter fence around Nigeria and change the name of the country and the currency. Acting National Chairman of the Party, Dr Olusegun Ijagbemi, stated this at a news conference in … Read...
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    Business Naira Watch: Tracking Nigeria's Currency [Day 27]

    The naira exchange rate on Friday recorded loses at the inter-bank market by climbing to N319.75 to a dollar as against N316.13 on Thursday as the market continued to find its path of price discovery. On the other hand, the parallel market rate of the naira remain unchanged as it closed at N378...
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    Business Naira Crashes By 5.8% to N334 against US Dollar

    Nigeria naira weakened to an all-time low of 334.50 against the dollar on the interbank market on Wednesday, a day after the central bank hiked interest rates to try to lure foreign investors back into local assets, traders said. The naira fell 5.8 percent on Wednesday from its opening rate...
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    Business Naira Watch: Tracking Nigeria's Currency [Day 13]

    Nigerian Naira, Monday appreciated slightly at 282.25 to a US dollar, thirteen official business day after the Central Bank of Nigeria removed peg on the country's currency rate. Naira traded 281 to a United States Dollar as of 9:45am in Lagos, nation’s commercial hub, according to data...
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    Business Naira Watch: Tracking Nigeria's Currency [Day 1]

    Naira weakens to 24% to 260 against United States Dollar as of 11.06am in Lagos, commercial capital as Central Bank of Nigeria allows currency to trade freely, according to a data gathered from the Bloomberg terminal. Earlier the Naira weakened to N253 to a dollar as the operation of the inter...
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