Nigerian Naira

Flexible FX rate further ruins Naira, now N378 to US Dollar

The Naira on Friday depreciated further against the dollar, Pound Sterling and the Euro in…

Hard times for bureau de change operators

Funsho Balogun Two months ago, when the Bureau de Change operators in Nigeria really began…

Naira ends the week at N320 to US Dollar

The Naira on Friday depreciated against the dollar at the parallel market closing at N320.…

Naira waxes stronger against US dollar

Nigeria's naira firmed sharply on the parallel market on Wednesday as retail traders, having anticipated…

Buhari vows to defend Naira

President Muhammadu Buhari has vowed to defend Nigeria's currency the Naira, against pressure being mounted…

Naira weakens to N352 on black market

The Nigerian naira fell to a record low on the black market on Tuesday, with…

Nigeria must devalue Naira to N265, says S&P

Ratings agency Standard & Poor's reiterated on Thursday that Nigeria will have to devalue its…

Naira hits N282 as CBN stops forex sale to Bureaux de change

*Banks can now take dollar deposits from customers, CBN says Nigeria's central bank governor said…

US Dollar scarcity: Naira remains N270 at BDCs

The Naira on Monday continued to exchange at N270 to the dollar amidst expectations that…

Naira hits new low at unofficial market

Nigeria's naira fell 1.5 percent to a new low of N265 to the dollar on…