The Nigerian foreign exchange market opened this week with the Naira exhibiting mixed stability across both the official ...
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The British Pound Sterling (GBP) started the week trading at strong levels against the Nigerian Naira (NGN), reflecting ...
(Bloomberg) -- A month after devaluing the naira, Nigeria’s central bank is intervening in the markets to prevent sharper losses in the currency, traders say. The naira fluctuated on Wednesday before ...
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How the naira appreciated amid external reserves increase
The Nigerian naira is on rebound in the foreign exchange market, appreciating to N1,454 per dollar following the increase in ...
There is a massive spike in the demand for the US dollar in the official foreign exchange market, putting the naira on a ...
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances. We do not ...
The term Naira was coined by Chief Obafemi Awolowo when he was the Federal Commissioner for Finance between 1967 and 1971. The Naira is the official currency of Nigeria. We utilize the Naira every day ...
The naira on Monday extended its rebound in the official foreign exchange market, despite a 15.2% decline in weekly foreign ...
ABUJA, Jan 30 (Reuters) - Nigeria's naira NGN=D1 fell to a record low of 1,490 per dollar on Tuesday, bringing its losses to 40% since the start of this year, LSEG data showed, as the currency tracks ...
A plan by the Nigerian government to switch from the old banknotes of its currency, the naira, to new banknotes with a different color and more security features was put on hold by the country’s ...
After launching Nigerian Naira deposits in October 2019, Binance adds support of NGN as its first African currency for P2P trading. As part of ongoing fiat-to-crypto expansion, major cryptocurrency ...
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