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 …
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Naira
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AfricaAFRICA NEWSAviationBusinessNewsNigeriaSouth AfricaSouthern AfricaTransportation & LogisiticsWestern Africa
South African Airways limits Naira usage for payment of tickets
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 …
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AfricaBanking, Finance & InvestmentBusinessNewsNigeriaWestern Africa
CBN governor, Godwin Emefiele gets summoned by senate over Naira depreciation
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 …
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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 …
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The exchange rate between the naira and the US dollar closed at N429.13/$1 at the official Investors and Exporters (I&E) window on Monday, July 18, 2022. Naira appreciated slightly against …
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AfricaBusiness and EconomyNewsNigeriaWestern Africa
Naira hits 620/$ at parallel market as FX demand surges
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 …
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On Friday, Naira gained against the U.S. dollar and was its second consecutive day of gain at the official market. The currency opened at N419.79 to a dollar and closed at …
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Naira hit a four month low on Thursday, depreciating 0.30 per cent against the U.S. dollar at the official market. The currency which opened trading at N416.50 closed at N420.00 to …
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