Naira slumps significantly against dollar amid hardship protests
The naira recorded a significant depreciation against the dollar in a single day at the foreign exchange market to end…
Category: naira
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Naira massively appreciates against Dollar amid nationwide protest
The Naira continued to appreciate against the dollar at the foreign exchange market despite the ongoing nationwide protest against bad…
Naira records lowest exchange rate against dollar in four months
Naira’s depreciation against the dollar reached the lowest mark since March 2024 on Tuesday. FMDQ data showed that the Naira…
Naira continues to depreciate against dollar
The naira continued its decline against the dollar on the foreign exchange market on Monday. FMDQ data showed that the…
‘Naira now worthless’ – Deji Adeyanju on why Nigerians must protest
Activist lawyer Deji Adeyanju has highlighted a reason why Nigerians should join the nationwide protest on August 1. In a…
BREAKING: Tinubu directs NNPCL to sell crude oil to Dangote Refinery in Naira
President Tinubu has ordered the Nigerian National Petroleum Company Limited, NNPCL, to sell crude oil to Dangote Refinery in Naira.…
Halt slide of the Naira — Group to President Tinubu
President Bola Tinubu has been urged to immediately halt the slide of the country’s currency, the Naira. President Tinubu was…
CBN moves to stabilize naira, sells $148m to authorised dealers
The Central Bank of Nigeria, CBN, has revealed that it recently sold a cumulative amount of 148 million dollars to…
Naira slumps against dollar to end week on negative note
The naira slumped further against the dollar to end the week on a negative note. FMDQ data showed that it…
Tinubu’s decision to float Naira caused current economic woes – TUC
President of the Trade Union Congress, TUC, Comrade Festus Osifo has carpeted President Bola Tinubu over his decision to float…
Naira depreciates further on forex market
The dollar-to-naira exchange rate continued its depreciation at the foreign exchange market on Monday. FMDQ data showed that the Nigerian…
Court jails man for spraying naira notes
Justice M. A. Oyetenu of the Federal High Court sitting in Uyo, Akwa Ibom State capital, has convicted one Etiusen…
Naira slumps against dollar amid CBN interest rate hike
The naira nosedived against the dollar at foreign exchange markets in the wake of the Central Bank of Nigeria’s latest…
Summer holiday: Naira under pressure over FX demand spike
The Nigerian Naira is under intense pressure due to the recent spike in demand for Foreign Currencies following the kickoff…
Naira appreciates on black market, depreciates at official window
The dollar-to-naira exchange rate appreciated on the black market but depreciated at the official foreign exchange window. Ashiru Dayyabu, a…
Naira gains against dollar after minimum wage increase
The naira appreciated significantly at both official and foreign exchange black markets on Thursday amid President Bola Tinubu’s N70,000 new…
Naira slumps massively against dollar at black market
The naira appreciated on Tuesday for the first time in the week. FMDQ data showed that the naira gained slightly…
Dollar-naira exchange rate remains flat on black market
The naira-to-dollar exchange rate remained flat in the black market. Dayyabu Ashiru, a Bureau De Operator in Zone 4 Abuja,…
Naira ends week on negative note
The naira depreciated against the dollar at the foreign exchange market to end the week on a negative note. According…
Naira depreciates massively against dollar in single day
The Naira depreciated massively against the dollar in the foreign exchange market. FMDQ data showed that the Naira weakened significantly…
Naira loses N22 in two days
The naira continued its depreciation streak against the dollar in the foreign exchange market, despite a surge in FX transaction…
Naira returns to depreciation despite surge in Nigeria’s external reserves
The naira has returned to depreciation against the dollar in the foreign exchange market despite the increase in Nigeria’s external…
Naira appreciates massively against dollar to end week on positive note
The Naira appreciated significantly against the dollar at the foreign exchange market to end the week on a good note.…
Naira slumps further against dollar
The naira further weakened against the dollar at the foreign market on Wednesday. FMDQ data showed that the naira slumped…
Naira depreciates by 40% against Dollar in First half of 2024
The Naira depreciated by over 40 percent in the half quarter of 2024 at the foreign exchange market. The FMDQ…
Naira depreciates to N1500 per dollar
The naira continued to depreciate against the dollar in the foreign exchange market. FMDQ data showed that the naira weakened…
Naira crashes further against dollar
The naira depreciated further against the dollar as the foreign exchange market resumed trading. At the parallel market, the naira…
Naira continues to depreciate against dollar despite surge in FX reserves
The naira continued its depreciation against the dollar despite a surge in foreign exchange reserves. FMDQ data showed that the…
Naira depreciates further against dollar
The naira further depreciated against the dollar at both official and parallel foreign exchange markets. FMDQ data showed that the…
Naira appreciates against dollar at black market amid Sallah holiday
The Naira appreciated marginally to N1480 against the dollar at the parallel foreign exchange market, also known as the black…
Naira crashes further against dollar ahead of Eid el-Kabir
The naira depreciated further against the dollar at the foreign exchange market on Friday ahead of the Eid el-Kabir holidays.…
Naira depreciates against dollar as FX supply drops
The naira depreciated against the dollar at the foreign exchange market to resume trading after the June 12 Democracy Day…
Naira appreciates for second consecutive time as FX supply surges
The naira appreciated for the second consecutive time in the foreign exchange market as the turnover of FX supply surged.…
Naira appreciates to N1,483.99
The naira appreciated against the dollar at the official foreign exchange market on Monday. FMDQ data showed that the naira…
How depreciation of naira impacts positively on exports – Customs Controller
The Customs Area Controller, Seme Command, Timi Bomodi, on Sunday, said the depreciation of Naira has positively impacted on exportation…
Naira depreciates against dollar to end week on a negative note
The Naira depreciated against the Dollar on Friday at the foreign exchange market to end the week on a negative…
Naira appreciates to N1,488.60 against dollar
The naira appreciated against the dollar in the foreign exchange market. According to FMDQ data, the naira was exchanged at…
Forex crisis: Naira slumps for 2nd consecutive time against dollar
The Naira has slumped for a second consecutive time against the dollar in the foreign exchange market. FMDQ data showed…
Naira depreciates to end week on negative note
The naira ended the week on a negative note, depreciating further against the dollar at the official foreign exchange market.…
Naira crashes massively against dollar 24 hours after Tinubu’s anniversary
The Naira recorded its first massive depreciation against the dollar at the foreign exchange market 24 hours after President Bola…
Naira appreciates against dollar at forex market
The Naira on Wednesday appreciated against the dollar at the official foreign exchange on the first anniversary of President Bola…
Naira static at N1,339 against dollar
The naira on Tuesday traded at the same rate of N1,339.33 to a dollar at the official market. Data from…
Forex: Naira begins week with massive appreciation against dollar
The naira appreciated massively against the dollar at the official foreign exchange market. FMDQ data showed that the naira appreciated…
Naira returns to appreciation against dollar
The naira ended the week by appreciating marginally against the dollar at the official foreign exchange market. FMDQ data showed…
Naira appreciation: CBN orders all BDCs to re-apply, issues updated guidelines
The Central Bank of Nigeria has ordered all Bureaux De Change Operators to re-apply for licenses to sustain Naira’s appreciation…
Naira appreciates against dollar amid CBN interest rate hike
The Naira appreciated further against the dollar at the foreign exchange market amid the Central Bank of Nigeria interest rate…
Naira: CBN announces four key decisions at MPC meeting
The Central Bank of Nigeria, CBN, at just concluded Monetary Policy Committee Meeting, announced four key decisions amid efforts to…
Naira records two consecutive appreciations against Dollar at forex market
The Naira recorded two consecutive appreciations against the Dollar in official and parallel foreign exchange markets. FMDQ data showed that…
Naira appreciates against dollar, ends week on good note
The Naira appreciated against the dollar at the foreign exchange market barely 24 hours after depreciation. FMDQ data showed that…
Naira returns to depreciation against dollar, sheds N73 in single day
The Naira has returned to depreciation against the dollar in the foreign exchange market. FMDQ data showed the Naira dropped…