Naira Appreciates to N1,560/$ in Parallel Market
By NIGPOST Staff Writer The Naira strengthened in the parallel market on Thursday, appreciating to N1,560 per dollar, up from N1,570 per dollar recorded on […]
Forex
CBN Spends $8 Billion to Defend Naira – Economist Bismark Rewane
The Central Bank of Nigeria (CBN) has reportedly spent almost $8 billion in a bid to stabilize the naira against the US dollar in recent […]
Naira Strengthens to N1,565/$ in Parallel Market, Weakens in Official Market
Naira Gains in Parallel Market, Drops in Official Rate The Nigerian Naira saw a slight improvement in the parallel market, appreciating to N1,565 per dollar, […]
Naira Strengthens to ₦1,493/$ in Official Forex Market
The Nigerian Naira saw an appreciation in the official foreign exchange market, rising to ₦1,493 per dollar, according to data released by the Central Bank […]
Nigeria’s Forex Inflow Jumps 70% to $42 Billion: What It Means for the Economy
In a promising development for Nigeria’s economy, the Central Bank of Nigeria (CBN) has announced that the country’s net foreign exchange inflow has risen by […]