Nigeria’s naira flounders at parallel market appreciate at investor’s window
Nigeria’s currency, the naira, suffered marginal loss at the parallel market Friday while it firmed against the United States dollar ...
Friday, March 6, 2026
Tag: Naira
Long rough road still ahead for Nigeria naira, says EIU
*Central bank can’t keep a hard peg on currency... The Economist Intelligence Unit (EIU), a member of The Economist Group, ...
Nigeria naira firms against major currencies, makes marginal gains at parallel market
The Nigerian naira Monday gained 0.55 percent to exchange at N365/$ at the parallel market as Central Bank of Nigeria ...
Nigeria’s naira to firm against major currency this week as CBN plans another $100m sale
The outlook for the naira may remain positive this week as Nigeria's central bank said it will sell yet another ...
Naira floatation, cost cut-back boost Okomu Oil revenues by 47%
The technical devaluation of naira by Central Bank of Nigeria, which increased demand for local crude palm oil (CPO) and ...
Nigerian bourse: Bears sustain grip on market as NSE ASI loses 1.6% to profit taking
The Equities market extended its bearish run Thursday as the Nigerian Stock Exchange all-share index (NSE ASI) and market capitalization ...
NAFEX watch forces MSCI to delay Nigeria’s index reclassification
The Central Bank of Nigeria’s (CBN) introduction of the investors/exporters FX window popularly referred to as NAFEX and the consistent ...
Gaps in multiple forex rates narrow, naira opens at N364/$ Wednesday
Strong interventions by Central Bank of Nigeria (CBN) geared towards achieving stability amidst convergence in the exchange rate of the ...
Nigerian bourse: Big caps push market to close positive despite declining turnover
The Nigerian equities market Tuesday sustained positive sentiments for five consecutive trading sessions as big caps helped the bourse’s index ...
CBN boosts forex market with $195m, insists on transparency among stakeholders
Following its intervention in the inter-bank Foreign Exchange Market, last week, to the tune of over $800 million, the Central ...
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