Tag: Naira
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CBN imposes N150m fine on banks found aiding naira hawkers
The Central Bank of Nigeria (CBN) has declared that banks caught facilitating the illegal distribution of mint naira notes to hawkers will face a...
Naira loses 6.8%, exchanges at N1,658
The Naira on Tuesday depreciated at the official market, trading at N1,658.97 to the dollar.
Data from the official trading platform of the FMDQ Exchange, ...
Naira’s Exchange Rate Dips to N1,667/$ After MPC’s Shocking Rate Adjustment
The naira has hit a record low of N1,667.42 per dollar in the official market as of Wednesday, marking a significant decline just one...
Naira slumps to N1,645 per dollar in parallel currency market
Yesterday, the Naira depreciated in the parallel market, dropping to N1,645 per dollar from N1,640 on Tuesday.
Meanwhile, in the Nigerian Autonomous Foreign Exchange Market...
