Nigerian Currency Sells N461.50/$1 at I&E, N743/$1 at Black Market
The Nigerian currency gained against the US dollar in the Investors and Exporters (I&E) segment of the foreign exchange (FX) ...
Sunday, December 22, 2024
Tag: Naira
28.6% Surge in FX Transactions Weakens Naira at Official Market
The Naira strengthened against the US dollar in the Peer-2-Peer (P2P) segment of the foreign exchange (FX) market on Wednesday, ...
Naira Relatively Stable as Appetite for Cryptos Surges
As traders continued to be concerned about the ecosystem's volatility, the Naira was comparatively stable against the US dollar on ...
NSPM explains why new naira notes leave ink on a white surface when rubbed
The Nigerian Security Printing and Minting (NSPM) Plc, which produces Nigeria's currency, has explained why the new Naira notes leave ...
Why is the outlook for a stronger naira against the dollar bleak in 2023?
In 2022, the naira's value against the US dollar reached historic lows, particularly in the black market. The naira continued ...
Naira Weakens at P2P, I&E, Black Market
On Wednesday, January 4, the Naira fell against the US Dollar in the black market, Peer-2-Peer (P2P), and Investors and ...
Naira Loses at P2P, Black Market, Gains at Spot Market
On Tuesday's first working day of the year, the Naira fell against the US dollar in the Peer-to-Peer (P2P) segment ...
Improved FX Inflow Strengthens Naira Value to N735/$1 at Parallel Market
On Tuesday, January 3, 2023, the Naira strengthened in the parallel market due to increased foreign currencies' inflows into the ...
REWIND: CBN introduced the naira 50 years ago — N10 was highest denomination
On January 1, 1973, Nigeria gave birth to a new legal tender known as the naira. After breaking ties with ...
Nigeria’s exchange rate depreciates 23% to close 2022 at N735/$1 at black market
On the official Investor and Exporter window, Nigeria's exchange rate closed the year 2022 at an official rate of N461.5/$1. ...
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