Naira gains strength at 380/$
The Naira on Friday in Lagos consolidated its position against the dollar at the parallel market, newsmen report.
Naira appreciation: Economist advises Nigerians to import less
An economist, Prof. Uche Uwaleke, has advised Nigerians to import less to sustain the appreciation of the naira at the foreign exchange market.
Naira depreciates to N465/$ in parallel market
The naira yesterday depreciated sharply to N465 per dollar in the parallel market due to upsurge in demand for dollars importers travelling to China.
Why Naira is appreciating—CBN
The Central Bank of Nigeria, CBN, has said the nation’s currency, Naira, has being gaining against major international currencies in the foreign exchange market in recent weeks due to its decision to deepen its intervention in the market.
Naira maintains N450/$ at parallel market
The Naira on Wednesday remained stable at the parallel market, exchanging at N450 to a dollar.
Naira rises as CBN pumps $180m into forex market
The Central Bank of Nigeria (CBN) injected another $180 million into the foreign exchange market, prompting the Naira to further appreciate by N10 against the dollar in the parallel market.
