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Naira depreciates by 1.4% as CBN extends FX sales deadline

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The naira depreciated at the official market on Monday, trading at N1,495.60 to a dollar.   Data from the FMDQ Security Exchange official forex trading platform...

Naira further gains by 0.78% against Dollar at official market

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The Naira further appreciated at the official market on Wednesday, trading at N1,510.72 to a dollar.   Data from the FMDQ Security Exchange official forex trading...

Naira appreciates by 0.7% at official market

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The Naira appreciated at the official market on Tuesday, trading at N1,522.68 to a dollar.     Data from the FMDQ Security Exchange official forex trading platform...

Fire razes down furniture workshop, destroys property worth millions of Naira...

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An early morning fire on Tuesday completely razed down a furniture workshop at Felele area of Ibadan in Oyo State and destroyed property worth...

FG to begin crude oil sales in Naira October

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The Federal Government says it will begin crude oil sales in Naira to Dangote Refinery and others in October. This is according to a statement...

FG orders  crude oil sale to Dangote Refinery, others in Naira

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The Federal Government has ordered NNPC Limited (NNPCL) to sell crude oil to Dangote and other local refineries in naira. Mr Zacch Adedeji, Chairman,...

Naira depreciates by 0.86% against dollar at official market

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The Naira on Monday depreciated at the official market, trading at N1,577.29 to the dollar. Data from the official trading platform of the FMDQ Exchange,...

Naira appreciates against dollar by 0.02%

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The Naira on Monday slightly appreciated at the official market trading at N1,483.62 to the dollar. Data from the official trading platform of the FMDQ...

Naira devaluation impacts positively on exports – Customs Controller

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The Customs Area Controller, Seme Command, Comptroller Timi Bomodi, on Sunday said devalued Naira had positively impacted on exportation of Nigeria’s local products to...

Naira depreciates by 0.16% against dollar at official market

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The Naira on Friday recorded loss at the official market, trading at N1,483.99 to the dollar. Data from the official trading platform of the FMDQ...

Naira depreciates by 0.05% against dollar at official market

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Naira depreciates by 0.05% against dolThe Naira on Tuesday recorded loss at the official market, trading at N1,476.95 to the dollar. Data from the official...

Naira gains N28.34 against dollar at official market

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The Naira on Monday gained N28.34 at the official market, trading at N1,468.99 to the dollar. Data from the official trading platform of the FMDQ...

Binance breached Nigerian law, operated Naira P2P in exchange of crypto...

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A Director with the Security and Exchange Commission (SEC), Abdulkadir Abbas, on Friday, told a Federal High Court, Abuja how Binance Holdings Ltd breached...

Price crude oil in Naira to strengthen currency, expert advises FG

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A financial expert, Mr Okechukwu Unegbu, has advised the Federal Government to consider pricing the country’s crude oil, in Naira in order to strengthen...

Naira depreciates 0.3% against dollar

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 The Naira on Wednesday slightly depreciated at the official market, trading at N1,421.06 to the dollar. Data from the official trading platform of the FMDQ...

Stakeholders urge increase in productivity, reduced importation as Naira looses steam

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As the Naira begins to depreciate again after a few weeks of strengthening, some stakeholders have advised the Federal Government to adopt more organic...

Naira appreciates by 0.2% against dollar

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The Naira closed the week on a positive note, trading at N1,400.40 against the dollar, according to data from the FMDQ Exchange. The Naira gained...
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