Naira Falls to ₦1,629 per Dollar Despite CBN’s $669 Million Support

Naira Falls to ₦1,629 per Dollar Despite CBN’s $669 Million Support

Naira Gains Slightly in Parallel Market, Now N1,560/$

Naira Gains Slightly in Parallel Market, Now N1,560/$

Naira Soars, Approaching Historic Milestone Against Dollar Amid Global Tensions

The Naira experienced a significant rally against the US Dollar, breaking through critical resistance levels to trade below N1,000 in some segments of the black market as of late Sunday. 

Monetary policy reforms will check inflationary tide, check foreign exchange distortions – CBN

The Central Bank of Nigeria (CBN), says its on-going reforms will check rising inflationary trend and address distortions in the foreign exchange market.

Naira appreciates further, trades N1,025/$ at parallel market

The naira, on Monday, appreciated further at the parallel section of the foreign exchange market to N1,025 a dollar. This represents an appreciation of N15, or 1.44 percent, compared to…