Tag: naira

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The Naira experiences a sharp decline to 1082 against the US dollar, even with the CBN $2 billion debt repayment.

The Nigerian naira has experienced a 26.36% decline against the US dollar in the official Investor and Exporter window of the foreign exchange market...

The Naira depreciates to N1089 per dollar in the official Investors and Exporters (I&E) window

The Nigerian naira plummeted to N1089.51 against the dollar on Tuesday, marking a staggering 27.19% drop from its Monday closing rate of N856.57/$, as...

The amount of currency in circulation surpasses the level before the naira redesign, reaching N3.4 trillion in December- CBN

The Central Bank of Nigeria (CBN) has revealed that the currency in circulation (CIC) has surged to a new annual peak of N3.4 trillion...

The Naira experiences a 16% decline, concluding the week at N927 per dollar

The official Investor and Exporter forex window recorded the naira closing the week at N927.19/$, reflecting a 16.64% decrease from the previous week's N794.89/$,...

The Naira continues its decline, plummeting to an exchange rate of 1,190 Naira per US dollar

The Nigerian naira continues its downward trajectory due to a growing scarcity of the US dollar. On Friday, at the parallel market, the naira opened...

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