Tag:Naira

Business

Naira Drops to N1,612 per Dollar Amid FX Market Pressures

On Monday, the Naira fell to N1,612 per Dollar at the official foreign exchange (FX) market, marking its lowest value since December 4, 2024,...

Dorcas Tyena - April 8, 2025

Business

Naira gains N88.23 against dollar

The Naira on Friday experienced huge appreciation at the official market, trading at N1,142.38 to the dollar. Data from the official trading platform of the...

Seyi Babalola - April 13, 2024

Social vibes

Why you should convert your dollar to naira now – Omokri

Social commentator Reno Omokri has warned dollar holders to convert the currency back to the naira. He argued that the naira is bound to increase...

Dorcas Tyena - April 3, 2024

Business

Naira gains N30.81 against dollar, sells for below 1,280/$

The naira began the new month on a bullish note, appreciating to N1,278.58 against the United States dollar from N1,309.39 per dollar recorded last...

Dorcas Tyena - April 3, 2024

Business

Naira records major gain as foreign reserves hit $33.95bn in Q1

The naira regained one-fifth of value in the past five weeks as increased foreign exchange inflows saw Nigeria’s forex reserves rising by $1.04 billion...

Dorcas Tyena - April 1, 2024

Business

Naira gains 6% at official market

The Naira appreciated against the dollar by 5.97 per cent at the official market by the close of Wednesday’s trading session, according to data...

Samuel Oludeti - March 28, 2024

Business

We are selling dollars at N1,300, not N1,000/$ — Bureau De Change operators

Bureau De Change operators have refuted claims suggesting that the dollar is now being sold at N1,000 in the parallel market. Recent reports on X...

Dorcas Tyena - March 27, 2024

Business

Naira on steady recovery, gains further by 1.8% against dollar

The Naira experienced a further appreciation at the official market, trading at N1,382.95 to a dollar on Tuesday. Data from the official trading platform of...

Samuel Oludeti - March 27, 2024

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