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Naira Gains Against Dollar in Official, Black Markets

‎The Nigerian naira extended its gains against the US dollar on Monday, June 16, appreciating in both the official and parallel markets amid continued volatility in the country’s foreign exchange landscape.

Naira Printing Costs Jump 306%

The Central Bank of Nigeria spent N315.18bn on currency issue expenses in 2024, marking a sharp increase of 306 per cent.

‎Respect the Naira: CBN, EFCC’s Call for National Discipline, by Zekeri Idakwo Laruba

the Central Bank of Nigeria (CBN) and the Economic and Financial Crimes Commission (EFCC) have reaffirmed their joint commitment to end the abuse of the Naira.

Naira Closes at N1,599 per Dollar in Official Market

The Naira appreciated against the US dollar on Monday, closing at N1,599.00/$1 in the official market.

Despite CBN Intervention, Naira Depreciates at Official Market

The naira, on Monday, dropped to N1,612 per dollar at the official side of the foreign exchange (FX) market.

Naira Appreciates as CBN Accounts for 40% of Dollar Inflows

The naira on Monday appreciated in the official foreign exchange (FX) market as the Central Bank of Nigeria (CBN) accounted for the highest dollar inflows of 39.85 percent in the Nigerian Foreign Exchange Market (NFEM).