Dollar

As naira gains, Nigerians promptly ask: When will prices drop?

A surge in the value of the naira has sparked a wave of optimism...

Punch pulls report on CBN converting dollars in domiciliary accounts to naira

Nigerian newspaper Punch has pulled down a report it published on Saturday, suggesting the...

Naira tumbles to new low as dollar scarcity persists

The naira plunged to a new record low on Thursday, inching closer to the...

Nigerian govt considers banning dollar black market

The Nigerian government is considering making it illegal to trade in the foreign exchange...

Naira at record low on black market, inches closer to 1000 to dollar

Naira fell to a record low on the black market on Wednesday, edging closer...

Naira down to record low on black market

The Nigerian naira plummeted to an all-time low on the black market on Friday,...

Dollar falls after U.S. inflation report

The U.S. dollar experienced a sharp drop in value on Wednesday after the release...

Naira drops to record low on official market

Naira plunged to a new low against the United States dollar on Monday on...