Naira

The Central Bank of Nigeria has reaffirmed the validity of the old N1000, N500, and N200 banknotes as legal tender, clarifying misinformation circulating about their status. In a statement signed by Mrs Hakama Sidi-Ali, the …

Naira devaluation has raised Nigeria’s external debt by about N30.03 trillion in Naira terms between 2023 and June 2024, data from the nation’s Debt Management Office show. Despite a reduction …

The value of the naira appreciated by nearly N100 and over five per cent in the course of the just ended week as speculators are wary of which way the …

The Nigerian naira has lost more value against the United States dollar in official and black foreign exchange markets.  According to data from FMDQ securities, the naira in the Nigerian …

The Naira today depreciated to N1,750 per dollar in the parallel market from N1,745 per dollar on Thursday.But the Naira appreciated to N1,652.62 per dollar in the Nigerian Autonomous Foreign …

The Economic and Financial Crimes Commission, EFCC, has summoned a Nigerien national, Ibrahim Mohammad, his family, and other guests, over alleged naira abuse at his wedding to Amina Babagana Zannah, …

The naira today depreciated to N1,740 per dollar in the parallel market from N1,725 per dollar on Thursday . Similarly, the naira depreciated to N1,678.87 per dollar in the Nigerian …

Nigerian currency, the Naira, on Thursday appreciated at the official market, trading at N1,639.50 to the dollar. Data from the official trading platform of the FMDQ Exchange, revealed that the …

On Wednesday, the Naira depreciated significantly in the Nigerian Autonomous Foreign Exchange Market (NAFEM), reaching an exchange rate of N1,625.13 per dollar. Data from FMDQ revealed that this marks an …

The Nigerian naira has depreciated to N1,700 per dollar at the parallel section of the foreign exchange (FX) market. This represents a 1.49 percent decline from Thursday’s rate of N1,675. …