Naira

The exchange rate between the Naira and the US dollar has fallen to a record low on the black market, trading at a minimum of N742/$1 on Monday morning. This is according …

First Bank of Nigeria says it will suspend international transactions on its naira Mastercard from September 30. In a recent statement to its customers, the bank said such transactions would not …

The federal government of Nigeria says it will penalise foreign airlines selling tickets to Nigerians in dollars, insisting that such practice is a violation of Nigerian laws. This was disclosed …

The Naira further depreciated against the US Dollar at the Investors and Exporters (I&E) window of the foreign exchange (forex) market on Tuesday, September 6. According to data from the …

The Naira on Monday depreciated against the dollar at the Investors and Exporters window, exchanging at N430. The figure represented a decrease of 0.09 per cent compared with the N429.62 …

South African Airways will henceforth allow passengers issue only Sold Inside Ticketed Inside (SITI), that is, trips emanating from Lagos-Johannesburg-Lagos tickets in naira. The airline disclosed this in a statement …

Godwin Emefiele, the governor of the Central Bank of Nigeria has been summoned by senate over the constant depreciation of the naira. Reports revealed a United States dollar is exchanged …

The naira has crashed further in the parallel market, trading for N710 against the U.S. dollar on the exchange platform Aboki Forex. Checks by Peoples Gazette on Wednesday showed the …

 The exchange rate between the naira and the US dollar closed at N429.13/$1 at the official Investors and Exporters (I&E) window on Monday, July 18, 2022. Naira appreciated slightly against …

The naira fell to N620 per dollar yesterday at the parallel market amid the lingering scarcity of the greenback. The figure represents a depreciation of N5 or 0.8 percent from …