Naira Slides Ahead Of Yuletide, Exchange For 570/$   The naira continued its downward trend as the dollar was sold for N570 in the parallel market on Tuesday. Operators, who spoke to our correspondent, said the dollar was bought and sold for N567 and N570 respectively on...

Naira Slides To 555/dollar In Parallel Market   The naira lost steam at the parallel market on Monday, sliding to 555 per dollar. The local currency had crashed to 540/dollar on Friday, after trading at 535/dollar on Thursday. After tumbling to 575/dollar recently, the local currency began a...

Naira Gains, Records N25 At Black Market   Naira has launched a sustained recovery at the parallel market, gaining N25 since it fell to its lowest of N575 to a dollar on September 20, 2021. A survey at the Bureau De Change (BDC) market in Wuse Zone...

Speculators Lose Billions As Naira Appreciates, Exchanges For 540/$   The naira has appreciated further in the parallel market as the dollar was sold for N540 on Wednesday, with traders saying speculators hoarding dollars would be losing a lot of money. The dollar, which was bought and...

Fuel Depots To Pay NNPC’s Shipping Charges In Naira   The Nigerian National Petroleum Corporation has agreed to accept naira payments from depot owners for the use of its vessels for transporting petroleum products to their facilities, as part of efforts to ensure smooth supply and...

CBN Confiscates 67,000 Counterfeit Naira Notes In 2020     A total of 67,265 banknotes with a nominal value of N56.8 million were confiscated last year, the 2020 yearly report of the Central Bank of Nigeria (CBN) has revealed. The volume is 20.8 per cent less than 84,934...