Naira appreciates to N1,492/$ as foreign reserves hit $34.11 billion, signaling economic stability and increased forex market activity.
Tag: Naira
Naira appreciates to N1400/$
Keep track of the Naira’s ascent to N1400 against the USD in the parallel market, ensuring you’re informed on current exchange rates.
Old Naira Notes (N200, N500, N1,000) to Remain Legal Tender
In a significant move, the Central Bank of Nigeria has extended the legal tender status of old Naira notes (N200, N500, N1,000) indefinitely, aligning with global practices. Explore the details for a comprehensive understanding of the financial landscape.
Naira Hits N795/$1, N1135/$1 in Official, Parallel Markets
Naira faces decline against USD on Monday, marking a 1.92% drop. Forex turnover surges by 46.69%. Parallel market sees a 0.44% depreciation.
Naira’s Sharp Fall Against Dollar Sparks Economic Concerns
The Naira sees a substantial dip against the Dollar, hitting 1140 Naira per USD. Economic worries rise amid global uncertainties. Explore the details here.
ABCON Warns Against Meddling as Naira Gains
ABCON cautions against meddling as Naira surges. CBN vows penalties for speculators. Stay informed on this economic development.