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Currency Watch
Naira signals further depreciation by 0.33%
Nigeria's currency on Wednesday signalled further depreciation at the Investors and Exporters (I&E) forex window after weakening to a three-month low on Tuesday due to dollar scarcity.…
Naira weakens the most in 3 months as dollar shortages persist
Nigeria’s currency on Tuesday weakened to its lowest level in three months, as shortage of dollars persist in the foreign exchange market.
After trading on Tuesday, naira lost 0.59…
Naira gains 0.26% after CBN admits currency devaluation
Nigeria's currency on Monday strengthened against dollar by 0.26 percent at the Investors and Exporters (I&E) forex window after the Central Bank of Nigeria (CBN) admitted that Naira has…
Naira strengthens at Investors forex window
The foreign exchange market closed on Thursday with Nigeria's currency gaining marginally 0.03 percent to N408.67k compared to N408.80k on Wednesday at the Investors and Exporters (I&E)…
Naira records marginal depreciation as liquidity improves
Nigeria’s currency on Wednesday weakened marginally at the Investors and Exporters (I&E) forex window by 0.05 percent as the dollar closed at N408.80k compared to N408.60k closed on…
Naira gains as market turnover rises by 134.63%
Nigeria's currency on Tuesday gained 0.34 percent to close at N408.60k per dollar compared to N410.00k closed since two days at the Investors and Exporters (I&E) forex window, thanks to…
Naira falls back to N480 on black market
Nigeria’s currency on Monday fell back to N480 per dollar after gaining N5.00k in the last 10 days from N473 as at February 10, 2021 on the black market.
On day-on-day basis, naira…
Naira ends week with marginal appreciation after CBN sold $100m
Nigeria's currency ended the week with a marginal appreciation of 0.23 basis points (bsp) against the dollar at the Investors and Exporters (I&E) forex window after the Central Bank of…
Naira breaks stability on black market, weakens by 1.05k
Nigeria's currency on Wednesday weakened against the dollar by 1.05 percent to N478, breaking the four days stability of N473 since Friday last week, on the black market.
The naira…
Naira loses 1.24% at Investors’ market as dollar shortage worsens
Nigeria's currency depreciated significantly by 1.24 percent to N409.67k per dollar on Monday from N404.67k on Friday at the Investors and Exporters (I&E) forex window.
The naira…