Tag: Naira
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Naira Remains Stable At N1,667/$ Despite Significant Dollar Fluctuations
Despite significant fluctuation in the dollar index after President Trump's inauguration, the naira held steady versus the haven currency in the unofficial market, staying...
Armed Forces Remembrance Day: Senate, VP Shettima, and Kano Governor Lead Tributes – Trending Today
Hello and welcome! In today's trending news stories:
1. The Nigerian Senate and stakeholders commemorated Armed Forces Remembrance Day on January 15, honoring soldiers who...
Exchange Rate Closes 2024 At N1,535/$1 – A 40.9% Devaluation
The currency rate between the naira and the dollar closed the year at N1,535/$1, reflecting a 40.9% loss in 2024.
In 2023, the official naira-to-dollar...
CBN Rate Hike And Trump Tariffs Leave Naira Steady In Black Market
Following the CBN's interest rate hike, the Nigerian naira was strong in the official currency market but lukewarm in the illicit market.
According to FMDQ...
Naira Will Close 2024 At 1,621.7/$ Due To Persistent Pressure
The Nigerian naira is expected to decline to N1,621.7 to the US dollar by the end of the year despite the Central Bank of...
