Naira Falls to 1520.4/$1 in Official Market, Depreciates by 11% in 7 Days
The exchange rate between the Naira and the dollar on the official NAFEM window dropped to N1,520.4/$1 on Tuesday, May ...
Monday, December 23, 2024
Tag: Naira
EFCC stops dollar transactions, asks embassies to charge in naira
The Economic and Financial Crimes Commission has read the Riot Act to foreign missions based in Nigeria, banning them from ...
Naira Approaches N1500/$ Mark Again
The Nigerian currency has breached the N1,450 mark against the US dollar on the black market, indicating evolving dynamics in ...
Naira depreciates 0.3% against dollar
The naira on Wednesday slightly depreciated at the official market, trading at N1,421.06 to the dollar. Data from the official ...
BDC operators arrested as naira sells 1,416/$
Operatives from the Economic and Financial Crimes Commission on Tuesday reportedly arrested some h Bureau De Change operators at the ...
Naira closes 1,402/$ at official market as dollar demand persists
The naira traded at a loss at the official market, depreciating to N1,402 against the United States dollar on Thursday. ...
Naira rebounds as dollar supply hits $7bn in two months
Dollar supply in the official foreign exchange market reached a substantial sum of $7.3bn in the months of March and ...
Exchange Rate Falls to N1,419/$1 in Official Market, Lowest Since March
The exchange rate between the naira and the dollar plunged to N1,419/$1 in the Nigerian Autonomous Foreign Exchange Market (NAFEM), ...
CBN Raises Customs Duty Rate By 11.1% As Naira Loses 12%
The Central Bank of Nigeria (CBN) has increased the exchange rate for paying Customs duties at the nation’s seaports by ...
Experts Emphasize Naira Stability as Key to Attracting Investments
Trade and investment experts have urged the federal government to prioritize maintaining stability in the foreign exchange market to encourage ...
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