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![Today's Naira Rate [08-04-2025]: CBN’s Efforts Fall Short as Naira Depreciates to N1,612/$](/data/attachments/215/215254-d2f1dd2422496d925616d78267aae1e7.jpg?hash=PERHMQHP25)
Nigeria Today's Naira Rate [08-04-2025]: CBN’s Efforts Fall Short as Naira Depreciates to N1,612/$
The Naira has dropped to N1,612 per dollar at the official market, marking its lowest point in four months. Despite a $197.71 million intervention by the Central Bank of Nigeria, the currency continues to depreciate. Experts urge the CBN to boost liquidity and focus on stabilizing the market...- Nigeria News
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- 1 min read
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- Category: Business
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![Today's Naira Rate[19-06-2014]: Naira Trades Flat at N1,490 per Dollar, Inflows Boost Confidence](/data/attachments/205/205244-147ab142f8cf48479284e57b3d23fc38.jpg?hash=FHqxQvjPSE)
Nigeria Today's Naira Rate[19-06-2014]: Naira Trades Flat at N1,490 per Dollar, Inflows Boost Confidence
Discover the latest on Nigeria's currency exchange rate as the naira holds steady at N1,490 per dollar on the parallel market, showing a marginal gain. On Wednesday, the Nigerian naira remained stable at N1,490 per dollar on the parallel market, showing a slight improvement from last week's...- Nigeria News
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- 1 min read
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- Category: Business
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![Today's Naira Rate[17-06-2014]: CBN Measures and World Bank Loan Impact Nigeria's Currency Stability at N1500](/data/attachments/205/205183-147ab142f8cf48479284e57b3d23fc38.jpg?hash=FHqxQvjPSE)
Nigeria Today's Naira Rate[17-06-2014]: CBN Measures and World Bank Loan Impact Nigeria's Currency Stability at N1500
Explore Nigeria's economic landscape: the naira holds steady at N1500 against the dollar amid high inflation, while the CBN implements measures to stabilize the FX market. A $2.25 billion World Bank loan aims to bolster economic resilience, impacting currency dynamics in the global market...- Nigeria News
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- 1 min read
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- Category: Business
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![Today's Naira Rate [04-06-2024]: Naira Struggles, Nears N2,000 Against British Pound and 1,500 Against Dollar](/data/attachments/204/204640-8457c57119a478bc5717b11aa4a694ef.jpg?hash=hFfFcRmkeL)
Nigeria Today's Naira Rate [04-06-2024]: Naira Struggles, Nears N2,000 Against British Pound and 1,500 Against Dollar
The Nigerian Naira struggles, nearing N2,000 per British Pound and 1,500 per US Dollar, amid speculation and economic challenges. Despite $575 million in CBN dollar sales, the Naira remains weak. Global market movements and local economic policies continue to pressure Nigeria's currency...- Nigeria News
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- 2 min read
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- Category: Business
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![Today's Naira Rate [03-06-2024]: Nigerian Naira Finds Stability Against US Dollar at ₦1,481](/data/attachments/204/204592-3a29b4a29d5e5b1673114554a0c523ee.jpg?hash=Oim0op1eWx)
Nigeria Today's Naira Rate [03-06-2024]: Nigerian Naira Finds Stability Against US Dollar at ₦1,481
Stay updated on the latest shift in Nigeria's Naira-Dollar dynamics. June 3rd, 2024, marks a potential game-changer with the Naira stabilizing against the US Dollar at ₦1,481 in the black market. The Nigerian Naira and the US Dollar's relationship has often been tumultuous, but June brings a...- Nigeria News
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- 1 min read
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- Category: Business
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![Today's Naira Rate [23-05-2024]: Naira Depreciates to N1,510 Against Dollar in Parallel Market Amidst Forex Volatility](/data/attachments/204/204266-6e202405f2f497d63440ce71bc64dc98.jpg?hash=biAkBfL0l9)
Nigeria Today's Naira Rate [23-05-2024]: Naira Depreciates to N1,510 Against Dollar in Parallel Market Amidst Forex Volatility
The Naira depreciated to N1,510/$ in the parallel market but appreciated to N1,482.81/$ at the official window. Central Bank Governor Olayemi Cardoso emphasized ongoing reforms and the need for stakeholder cooperation to address economic challenges and inflation, aiming to improve the livelihood...- Nigeria News
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- 2 min read
- cbn monetary policy naira appreciation naira depreciation nigerian forex market parallel market exchange rate todays exchange rate
- Category: Business
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Nigeria ABCON Official Blames CBN Forex Allocation for Naira's Decline
ABCON official highlights inadequate CBN forex allocation as the main driver of Naira depreciation, refuting claims of BDC involvement. Learn about the challenges faced by operators and the broader economic implications of the currency's decline. A senior official from the Association of Bureau...- Nigeria News
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- 1 min read
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- Category: Business
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![Today's Naira Rate [07-05-2024]: Naira Slips to N1,415/$ in Parallel Market Amid Economic Uncertainties](/data/attachments/203/203712-147ab142f8cf48479284e57b3d23fc38.jpg?hash=FHqxQvjPSE)
Nigeria Today's Naira Rate [07-05-2024]: Naira Slips to N1,415/$ in Parallel Market Amid Economic Uncertainties
Amid economic uncertainties, the Nigerian Naira has depreciated to N1,415 per dollar in the parallel market, while in the Nigerian Foreign Exchange Market (NAFEM), it stands at N1,416.57. This decline reflects ongoing challenges in the economy, impacting exchange rate stability and financial...- Nigeria News
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- 1 min read
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- Category: Business
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![Today's Naira Rate [02-05-2024]: Economic Concerns Heighten as Naira Weakens Further Against Dollar at ₦1402/$1](/data/attachments/203/203550-8457c57119a478bc5717b11aa4a694ef.jpg?hash=hFfFcRmkeL)
Nigeria Today's Naira Rate [02-05-2024]: Economic Concerns Heighten as Naira Weakens Further Against Dollar at ₦1402/$1
As of today, the exchange rates for the Nigerian Naira (NGN) are as follows: 💵 1 USD ⇛ ₦1,402 💷 1 GBP ⇛ ₦1,660 💶 1 EUR ⇛ ₦1,445 💶 1 CAD ⇛ ₦970 The performance of the Naira in the foreign exchange market remains a point of concern for many Nigerians. With fluctuations in the exchange rates...- Nigeria News
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- 1 min read
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- Category: Business
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![Today's Naira Rate [25-04-2024]: Nigerians Express Concern as Naira Weakens to N1,400/$](/data/attachments/203/203287-8457c57119a478bc5717b11aa4a694ef.jpg?hash=hFfFcRmkeL)
Nigeria Today's Naira Rate [25-04-2024]: Nigerians Express Concern as Naira Weakens to N1,400/$
The Nigerian Naira faced significant depreciation, falling to N1,400 against the US dollar on the black market, fueled by intensified demand pressure in the foreign exchange (FX) market. This represents a 19.64 percent loss in just two weeks compared to the rate of N1,125 per dollar recorded...- Nigeria News
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- 1 min read
- central bank of nigeria currency depreciation foreign exchange market nigerian naira todays exchange rate
- Category: Business
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![Today's Naira Rate [21-04-2024]: Fluctuating Naira Sparks Worries Among Nigerians as Exchange Rate Hits ₦1,200/$](/data/attachments/203/203123-8457c57119a478bc5717b11aa4a694ef.jpg?hash=hFfFcRmkeL)
Nigeria Today's Naira Rate [21-04-2024]: Fluctuating Naira Sparks Worries Among Nigerians as Exchange Rate Hits ₦1,200/$
The Nigerian currency, the Naira, appears to be facing another depreciation period, as observed by some social media users. Concerns about the stability of the currency are expressed, with one user noting a decrease and another lamenting the continual rise. One user highlights a sense of...- Nigeria News
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- 1 min read
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![Today's Naira Rate [19-04-2024]: Naira Stands Strong at N1,060/$ in Black Market Despite US Economic Uncertainty](/data/attachments/203/203051-8457c57119a478bc5717b11aa4a694ef.jpg?hash=hFfFcRmkeL)
Nigeria Today's Naira Rate [19-04-2024]: Naira Stands Strong at N1,060/$ in Black Market Despite US Economic Uncertainty
Despite a fluctuating economic landscape, the Nigerian naira exhibited resilience against the US dollar in the black market, maintaining its value while experiencing a slight decline in the official market. Late Thursday, the naira strengthened to N1,060 per dollar in the parallel market...- Nigeria News
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- 2 min read
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- Category: Business
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![Today's Naira Rate [12-04-2024]: Nigerians Encouraged By Naira at N1,125 : $1, But Complain About Continued Hardship](/data/attachments/202/202756-8457c57119a478bc5717b11aa4a694ef.jpg?hash=hFfFcRmkeL)
Nigeria Today's Naira Rate [12-04-2024]: Nigerians Encouraged By Naira at N1,125 : $1, But Complain About Continued Hardship
Amidst a three-day holiday break, the Nigerian naira maintained stability, with the dollar trading at N1,125 on Friday, consistent with Thursday's rate of N1,120. However, due to reduced trading activity during the festive period, irregularities in market rates were observed. Transactions were...- Nigeria News
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- 1 min read
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- Category: Business
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Nigeria Naira Drops to N1,250/$ in Parallel Market, Raising Economic Concerns
In a concerning economic development, the Naira witnessed a significant depreciation to N1,250 per dollar in the parallel market, marking a notable drop from N1,240 per dollar over the weekend. Concurrently, the Nigerian Foreign Exchange Market (NAFEM) recorded a similar trend as the naira...- Nigeria News
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- 1 min read
- exchange rates forex market nafem parallel market todays exchange rate
- Category: Business
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Nigeria Nigerian Naira Tumbles to Unprecedented N1,099.05/$, Fueling Economic Worries Ahead of Christmas
In a historic development on December 8th, 2023, the Nigerian Naira experienced an alarming depreciation, closing at an all-time low of N1,099.05 per dollar in the official market. This 23.29% drop in value, compared to the previous closing rate, raises significant concerns just weeks before...- Nigeria News
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- 2 min read
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- Category: Politics
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Business Nigeria -14/06/2019: Today's Naira Rate Against The Dollar, Pounds And Euro
Today's Naira Rate Against The Dollar, Pounds And Euro- jade
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Business Nigeria - 22/05/2019: Today's Naira Rate Against The Dollar, Pounds And Euro
Nigeria - 22/05/2019: Today's Naira Rate Against The Dollar, Pounds And Euro- jade
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- aboki fx rate convert naira to dollar naira against dollar naira dollar rate todays exchange rate
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Business Nigeria - 20/05/2019: Today's Naira Rate Against The Dollar, Pounds And Euro
Today's Naira Rate Against The Dollar, Pounds And Euro- jade
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- abokifx rate forex convert dollar to naira naira against dollar rate naira to dollar rate pounds against dollar rate todays exchange rate
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Business Nigeria - 15/05/2019: Today's Naira Rate Against The Dollar, Pounds And Euro
Nigeria - 15/05/2019: Today's Naira Rate Against The Dollar, Pounds And Euro- jade
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- aboki fx rate naira against dollar rate pounds against naira rate todays exchange rate todays pounds rate todsys naira rate
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- Forum: Business News Links
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Business Nigeria - 08/05/2019: Today's Naira Rate Against The Dollar, Pounds And Euro
Nigeria - 08/05/2019: Today's Naira Rate Against The Dollar, Pounds And Euro- jade
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- aboki fx dollar rate convert naira to dollar euro against naira naira against dollar pounds against naira todays exchange rate
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- Forum: Business News Links
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