Customs Duties Exchange Rate Maintains at N1,480/$ Despite Naira’s Depreciation
In a recent development, the exchange rate for customs duties collection has held steady at N1,480 to the US dollar, ...
Tag: Naira
Naira Stabilizes at N1,500/$ Amid EFCC Crackdown on Street Trading
The naira has held steady against the dollar in the parallel market, trading at N1,500/$1 on Friday, an improvement from ...
Naira Appreciates Against Dollar, Hits N1,470/$1 in Parallel Market
In a surprising turn of events, the naira appreciated significantly against the dollar in the parallel market on Friday, May ...
Naira Recovers to 1,459.02/$ After Week-Long Decline
After experiencing a week of depreciation, the Nigerian naira made a significant recovery on Wednesday, trading at N1,459.02 per dollar ...
Naira Continues Decline At N1540/$ Despite Weak U.S. Dollar Index
The Naira has experienced a further decline in the country’s unofficial foreign exchange market, falling to a new low of ...
EFCC Raids Currency Speculators as Naira Falls to 1,520 per Dollar
In a significant crackdown, operatives of the Economic and Financial Crimes Commission (EFCC) conducted extensive raids on Bureau De Change ...
Naira Reaches Six-Week Low, Hits Intra-Day High at N1,515/$1 in Official Market
In a concerning turn of events, the exchange rate between the Nigerian naira and the US dollar surged to an ...
Naira Hits Seven-Week Low, Trading at N1480/$1 in the Black Market
The Nigerian naira experienced a decline over the weekend, reaching a seven-week low against the US dollar. The official exchange ...
Naira Maintains Above N1,750 Against British Pound Amid Bank of England Meeting
The Nigerian naira has sustained its position at the upper end of its range against the British pound sterling, slightly ...
SEC Announces Plans to Delist Naira from P2P Crypto Platforms
Nigeria is set to remove the naira from all Peer-to-Peer (P2P) crypto platforms in a bid to curb manipulation of ...
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