Tag: Naira

The Nigerian naira continued its upward trajectory against the U.S. dollar on Wednesday, posting a notable gain in the official foreign exchange market, according to the latest data from the ...

The Economic and Financial Crimes Commission (EFCC) has declared that former Niger Delta militant leader, Chief Government Ekpemupolo, widely known as Tompolo, will be interrogated over alleged abuse of the ...

The Nigerian naira has shown relative stability in foreign exchange (FX) markets despite fluctuating dollar inflows from the Central Bank of Nigeria (CBN) and an 8% year-to-date decline in the ...

On Tuesday, the Nigerian naira maintained a stable position in the official foreign exchange market, with the Central Bank of Nigeria (CBN) achieving its highest dollar sales within the past ...

According to the latest data from the Central Bank of Nigeria (CBN), Nigeria’s currency in circulation fell to ₦5 trillion in March 2025 Currency in circulation refers to the total ...

According to the Central Bank of Nigeria (CBN), the proposed US dollar exchange rate as of April 21, 2025, is ₦1,599.9384. This marks a 0.28% decline in the USD/NGN rate ...

Over the past week, the exchange rate of the US dollar to Nigerian nairas has not been stable. The US dollar rate is ₦1,604.4809, as announced by the Central Bank ...

The Federal Executive Council has ordered the full and sustained implementation of the Naira-for-Crude policy, aimed at encouraging local refiners to transact in naira rather than foreign currency. The Ministry ...

The Nigerian naira has dropped further to N1,629 per US dollar in the official Nigerian Forex Market (NFEM) after the Central Bank of Nigeria (CBN) pumped $668.8 million into the ...

The Naira appreciated in the parallel market on Tuesday, rising to N1,575 per dollar from N1,585 per dollar recorded on Monday. However, the Naira depreciated to N1,535 per dollar in ...