Exchange rate

Economy

Naira rebounds to three-week best days before Christmas

Plu Team -
The naira strengthened to N1,449.9 per dollar on Tuesday, its best level since December...
Economy

Nigerian companies predict naira decline in coming months

Plu Team -
Nigerian businesses expect a decline in the value of the naira from now until...
Economy

Naira tumbles past 1,500 to dollar – first time in 2 months

Olawale Afolabi -
The Naira extended its latest decline Tuesday, tumbling below N1500 on the parallel market...
Economy

Naira hits N860 at black market, a blow to moves to unify exchange rates

Olawale Afolabi -
The naira fell to its lowest on the parallel market on Wednesday, trading at...
Economy

Naira’s rapid fall prompts CBN intervention

Plu Team -
The Central Bank of Nigeria is intervening to prevent the naira from falling more...
Economy

Black market struggles after Naira’s big drop on official market

Plu Team -
The naira fell 36% on Wednesday, the most in seven years, after the Central...