Naira Sustains Gains, Exchanges For N1255/$1 At Official Window, N1,245/$1 At Parallel Market The naira on Thursday continued to gain against the dollar, at the official window while it maintained stability at the parallel markets. At the Nigerian Autonomous Foreign Exchange (NAFEM) window, the naira closed...

CBN Policies Working as Exchange Rate Sees Highest Gain in 6 Weeks   The exchange rate between the Naira and the US Dollar gained 1.52% to close at N1,431/$ on Friday, March 22, 2024, continuing an upward trend that has lasted for seven consecutive days. According...

CBN Policies Working as Exchange Rate Sees Highest Gain in 6 Weeks   The exchange rate between the Naira and the US Dollar gained 1.52% to close at N1,431/$ on Friday, March 22, 2024, continuing an upward trend that has lasted for seven consecutive days. According...

Cargo Clearance Exchange Rate Raises to N1,605/$ The Federal Government through the Central Bank of Nigeria (CBN) has again raised the exchange rate for cargo clearance to N1,605/$. This is coming days after the rate rose to N1515/ $ and later dropped to N1,472. Between January and...

More Hardship For Nigerians As Naira Hits Record Lows, Stocks Plunge   The Nigerian naira fell to record lows on both the official and unofficial markets on Monday, while stocks posted their biggest one-day fall in more than a year, as jittery investors sold off local...

JUST IN: FG Increases Exchange Rate for Cargo Clearance to N1356 Per Dollar The Nigerian government through the Central Bank of Nigeria (CBN) has raised the exchange rate for cargo clearance from N952/$ to N1.356 per dollar. This adjustment follows recent increases in the exchange rate...