JUST IN: Naira falls to N1,612/$1 at official market
The Nigerian naira continued its downward trend at the official Nigerian Foreign Exchange Market (NFEM), closing at N1,612 per dollar on Wednesday, May 7, 2025. […]
naira
JUST IN: CBN Makes Fresh Announcement On PAPSS Transactions
The Central Bank of Nigeria (CBN) has introduced updated documentation requirements for transactions carried out via the Pan-African Payment and Settlement System (PAPSS) in Nigeria. […]
JUST IN: Senator Adeola Makes U-Turn On Claims That Buhari’s Govt Incurred $400 Billion Debt To Stabilize Naira
The Senator representing the Ogun West Senatorial District, Solomon Adeola, has refuted claims that former President Muhammadu Buhari’s administration borrowed $400 billion to stabilise the […]
JUST IN: Naira records highest appreciation against dollar
The naira recorded its highest appreciation against the dollar in both the parallel and official foreign exchange markets, ending the week on a positive note. […]
JUST IN: Naira sinks to its lowest since Trump’s tariff
The naira depreciated significantly against the dollar at the official foreign exchange market, reaching its lowest point since United States President Donald Trump’s tariff announcement. […]
JUST IN: Naira falls to ₦1,600/$1 amid oil price crash and U.S. tariffs
Nigeria’s naira suffered a sharp blow on April 4, 2025, closing at ₦1,600 per dollar on the official market — its weakest level since December […]
JUST IN: Naira falls drastically against dollar amid Trump’s new tariff
The Nigerian naira suffered its sharpest single-day decline in weeks against the U.S. dollar on Thursday, following global economic tremors triggered by new tariff announcements […]
JUST IN: Naira records highest depreciation against dollar amid Trump’s tariff war
The Nigerian naira recorded its highest depreciation against the dollar this week at the official foreign exchange market amid United States of America President, Donald […]
JUST IN: Naira becoming most unpredictable currency amid forex crisis
The Association of Bureau De Change Operators of Nigeria (ABCON) has raised concerns over the naira’s increasing volatility, warning that the local currency is now […]
JUST IN: Naira weakens at official market, gains in black market
The Nigerian Naira recorded a significant drop against the US dollar at the official foreign exchange market between March 14 and 21, 2025, losing N18.96 […]