Foreign Exchange Rate (forex) increases by 78.7%, as the Naira exchange rate at the Nigerian Autonomous Foreign Exchange (NAFEX window) slumped against the US dollar closing at...
Naira appreciates against the US dollar as the Central Bank of Nigeria (CBN) continues to record dollar supply into the foreign exchange market, Brandnewsday gathers. Forex...
Earlier, the MPC voted to cut the monetary policy rate (Naira) in Nigeria by 100bps to 11.5% and adjusted the asymmetric corridor to +100/-700, while leaving...
The Central Bank of Nigeria (CBN) reveals that the apex bank has modified the official exchange rate to N380/$1 from N360.1/$1, Brandnewsday confirms. The Naira Devaluation...
In an effort to unify the naira, the Central Bank of Nigeria has devalued the naira in order to eliminate the instability of the exchange rate...
The naira maintains positive performance at the foreign exchange market on Thursday, as the local currency remained strengthened at the Investors and Exporters (I&E) window. Brandnewsday...
The naira has remained stable against the U.S Dollar at the parallel market (black market) of the foreign exchange market, since the past 6 working days....
The naira has recovered in the foreign exchange market making gains against the U.S Dollar at both the parallel market (black market) and Investors and Exporters...
The naira falls to N450 to $1 on Friday at the parallel segment (black market) of the foreign exchange market against the United States dollar. Brandnewsday...
Despite the coronavirus pandemic, Nigeria’s Gross Domestic Product (GDP) has grown by 1.87% (year-on-year) in the first quarter of 2020. The growth in the GDP was...