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Excitement as naira jumps 7.2% against dollar in rapid rebound

Legit.ng journalist Victor Enengedi has over a decade's experience covering Energy, MSMEs, Technology and the stock market. Legit : Read More

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BREAKING: Jubilation as naira officially declared world's best-performing currency, see details

Global investment bank, Goldman Sachs, has declared the naira as the planet's best-performing currencyAndrew Matheny, an economist at Goldman Sachs, asserted that the dollar...

Business

Goldman Sachs optimistic naira value will continue to grow if policymakers stay on track

Goldman Sachs, one of the world’s leading global financial institutions, has predicted that Nigeria’s domestic currency, the naira, could extend gains that have already...

Business

See top sources of dollar inflows into the FX market

Forex inflow into the Nigerian foreign exchange market rose to a three-year high in March 2024The total FX inflows into the Nigerian Autonomous Foreign...

Business

See how much the dollar is exchanging in all markets

The Nigerian currency has continued its pushback against the US dollar and other major currenciesThe naira traded at about N1,245 per dollar in the...

Business

CBN sells dollars to BDCs below market rate at N1,101/$1, in continued defence of naira

In continuation of its defence of the naira against the dollar, the Central Bank of Nigeria (CBN) Monday announced the sales of foreign exchange...

Business

Nigeria’s FX reserve dips by $1.02b in 18 days as CBN continues to defend naira against dollar

By: Babajide OkeowoFollowing the resumption of sales of dollars to Bureau De Change (BDCs) operators in a bid to defend the domestic currency against...

Business

Why ABCON wants CBN to reduce its buying rates for US dollar

Currency traders in Nigeria have asked the Central Bank of Nigeria (CBN) to reduce the buying rate it sells the dollar to themThe dealers...

News

Fly Air Peace: Omokri lists 16 things Nigerians must do to keep naira below 1300 per dollar

Former presidential aide Reno Omokri has called on Nigerians to patronize the goods and services provided by fellow countrymenOmokri made the call while reiterating...

Business

How the naira gained over N800 against the pound, recovers in all markets against the dollar

The naira has gained over N800 against the British pound in the last four weeks since CBN began its series of policiesThe Nigerian currency...

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