Tag:Naira

Business

Naira notes will be out of circulation soon- CBN

The Central Bank of Nigeria has said that paper currency will soon be out of circulation, urging market men and women to sign into...

Dorcas Tyena - May 20, 2022

Business

Naira records another fall against dollar

The exchange rate at the Investors and Exporters window closed at N416.67/$1 on Thursday, representing a 0.04% depreciation compared to N416. 50/$1 recorded on...

Dorcas Tyena - April 8, 2022

Business

Massive job cut looms as dollar hits N590

The lingering foreign exchange scarcity in the country has continued to worsen even as the exchange rate on the parallel market is inching towards...

Dorcas Tyena - March 23, 2022

Business

Naira gains against dollar at black market

Naira gained against the U.S. dollar at the parallel market segment on Thursday, after setting an all-time devaluation record in the previous session of...

Dorcas Tyena - July 30, 2021

Business

Naira falls after CBN stops forex sales to BDCs

Naira fell marginally against the U.S dollar at the parallel market on Tuesday, after the Central Bank of Nigeria (CBN) announced that it has...

Dorcas Tyena - July 28, 2021

Business

Naira exchanges for 503/$ at parallel market

The naira exchanged to the dollar at 503 at the parallel market on Friday according to the Bureau de Change operators. Figures obtained from naijbdcs.com,...

Dorcas Tyena - July 26, 2021

News