The Naira yesterday depreciated to N1,610 per dollar in the parallel market from N1,600 per dollar on Monday. Similarly, the Naira depreciated to N1,592.06 per dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM). Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,592.06 per dollar from N1,579.22 per dollar on Monday, indicating N12.84 depreciation for …

The Central Bank of Nigeria (CBN) has announced revised foreign exchange rates, reflecting recent shifts in the value of the naira against major global currencies. According to updated data on the CBN’s website on Monday, the naira witnessed a slight decline in value against the pound sterling, settling at N2,035/£1, a marginal drop of N1.82 compared to Thursday’s rate of …

The Federal Government has disclosed that sales of crude oil to Dangote Refinery and other local refineries will commence 1 October, 2024. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, made the announcement during a meeting with the Implementation Committee on Monday in Abuja. According to a post on the official X (formerly Twitter) page of …

The Naira yesterday appreciated to N1, 585 per dollar in the parallel market from N1,595 per dollar on Wednesday. Similarly, the Naira yesterday appreciated to N1,586.04 per dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM). Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,564.48 per dollar from N1,586.04 per dollar on Wednesday, indicating N21.56 …

The Naira yesterday depreciated to N1,590 per dollar in the parallel market from N1,580 per dollar on Monday. Similarly, the Naira yesterday depreciated to N1,582.09 per dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM). Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,582.09 per dollar from N1,570.99 per dollar on Monday, indicating N11.1 depreciation …

The Naira yesterday appreciated to N1,590 per dollar in the parallel market from N1,595 per dollar on Wednesday. Similarly, the Naira yesterday appreciated to N1,596.52 per dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM). Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,593.62 per dollar from N1,596.52 per dollar on Wednesday, indicating N2.9 appreciation …

The Naira yesterday appreciated to N1,585 per dollar in the parallel market from N1,600 per dollar on Monday. Similarly, the Naira yesterday appreciated to N1,601 per dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM). Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,601 per dollar from N1,607.15 per dollar on Monday, indicating a N6.15 …

The Naira yesterday depreciated to N1,600 per dollar in the parallel market from N1,590 last weekend. Also, the Naira yesterday appreciated to N1,607.15 per dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM). Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,607.15 per dollar from N1,617.08 per dollar last week Friday, indicating N9.93 appreciation for …

Controversial cross-dresser and social media influencer, Idris Okuneye, popularly known as Bobrisky, yesterday, advised Nigerians to desist from spraying naira at parties, unless they want to end up as landlords inside the prisons. He served a six-month jail term in Kirikiri prison, Apapa, Lagos, for abusing the naira by spraying it at parties in April, this year. In a viral …

The Naira yesterday appreciated to N1,580 per dollar in the parallel market from N1,595 per dollar on Wednesday. Similarly, the Naira yesterday appreciated to N1,570 per dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM). Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,570 per dollar from N1,608.73 per dollar on Wednesday, indicating N38.73 appreciation …