Naira

Small, medium and large businesses in Nigeria that need dollars to source inputs and equipment are currently bearing the brunt of the failing foreign exchange reforms of President Bola Tinubu …

The Naira on Monday lost against the Dollar as it exchanged at N773.50 at the Investors and Exporters window. The local currency depreciated by 7.08 per cent against the N736.62 …

Naira weakened against the U.S. dollar on Wednesday, depreciating 0.11 per cent at the official market. According to data published on FMDQ websites, where forex is officially traded, the naira …

Naira fell significantly against the U.S dollar at the unauthorized parallel market on Monday, extending the local unit devaluation to N800 at the close of business. This implies a 2.83 …

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 …