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Currency - Page 43

Nigeria Now Leading Cement Exporter In Africa – Dangote

Business·Currency·Finance & Economy·News·Nigeria·Top Stories

Why Tinubu’s Policies Can Crash Dollar Rate – Dangote

The Chairman of the Dangote Group, Aliko Dangote, has said that current government policies could significantly strengthen the naira against the US dollar, potentially bringing the exchange rate down to as low as ₦1,100 to $1. Dangote made the remarks on Tuesday

February 18, 2026

Naira Falls To ₦1,530/$ At Official Market After Public Holiday

Business·Currency

Naira May Depreciate To N1500/$1 In 2024 – Expert

Johnson Chukwu, the Group Managing Director, warned of a potential worst-case scenario where the naira could plummet to N1,500 against the dollar this year. Chukwu during the Cowry Asset Management’s economic review emphasized the need for a robust forex inflow. “The worst-case

January 19, 2024

Business·Currency

Naira Depreciation Sparks Surge In Dollar Savings As BDC Seeks Central Bank Review

Bureau De Change operators sounded the alarm as Nigerians flock to keep their savings in US dollars amid concerns over the eroding value of the naira.

January 18, 2024

Naira Ends Week With N30 Gain In Black Market: Hope For Naira?

Business·Currency

Naira Hits New Record Low At N1,320/$1

Naira plummeted to an unprecedented low of N1,320 per dollar on Wednesday, marking a 3.03% or N40.00 drop from the previous day's close at N1,280.

January 17, 2024

Naira Appreciates, Ends Week Positive Across Official, Black Markets

Business·Currency

Naira Hits Record High, Surpassing N1,300/$ In Cryptocurrency, Parallel Markets

The Nigerian naira has surged past the N1,300 mark against the US dollar in both the Peer-to-Peer cryptocurrency window and the parallel market.

January 16, 2024

Business·Currency

Naira Falls By N15.75, Closes At N890/$1

In a turn of events, the Nigerian naira experienced a notable dip against the dollar on Friday, January 12, 2024, both in official and black market exchange windows. Data from the NAFEM, the official forex platform, revealed a N15.75 depreciation compared to

January 13, 2024

Naira Vs Dollar: What To Expect This Week (2nd - 6th June 2025)

Business·Currency

Naira Appreciates To N874 In Official Market Amid $2.25bn FX Support

The Naira staged a recovery, appreciating by 19.17% against the dollar at the official market on Thursday, January 11, 2024.

January 12, 2024

Naira Gains More As Exchange Rate Drops To N1,300/$1 At Official Market

Business·Currency

Naira Depreciation Deepens, Exchanges N1,089.51/$1 At Official Market 

The value of the Nigerian naira dropped on Tuesday in the official Investor and Exporter window from N856.57/$ on Monday to N1089.51/$.

January 10, 2024

Business·Currency·News

Naira Dips To N1,245/$1 In Unofficial Market Amid CBN’s Effort

In a twist of currency dynamics, the naira faces a tale of two markets as its value fluctuates to N1,230/$1 and N1,245/$1, driven by unofficial P2P and physical black markets despite Nigeria’s apex bank interventions. Despite efforts by the Central Bank of Nigeria

January 9, 2024

Business·Currency

Naira Appreciates To N856/$1 In Official Window As Afreximbank Injects $2.25bn Into FX Market

In a positive turn for the Nigerian economy, the Naira saw a surge against the dollar at both the official and parallel forex markets on Monday. The official exchange rate closed at N856.57 to a dollar, marking a 1.45% gain from the

January 9, 2024

Nigerian Naira Vs U.S. Dollar: What To Expect This Week (17th-22nd, March 2025)

Business·Currency·Markets·News

Cadbury, Guinness, Nestle Hit By Naira Depreciation As Report Reveals N472.3bn Loss

In a revelation by Meristem, some major consumer goods companies in Nigeria such as Cadbury, Guinness Nigeria, and Nestle, suffered a combined loss of N472.3 billion due to the depreciation of the Naira during the first nine months of 2023. The report

January 7, 2024

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Soludo Seals Shops for Two Weeks over Monday Sit-at-Home

The Anambra State Government has sealed dozens of shops at

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Currency - Page 43

Why Tinubu’s Policies Can Crash Dollar Rate – Dangote

Naira May Depreciate To N1500/$1 In 2024 – Expert

Naira Depreciation Sparks Surge In Dollar Savings As BDC Seeks Central Bank Review

Naira Hits New Record Low At N1,320/$1

Naira Hits Record High, Surpassing N1,300/$ In Cryptocurrency, Parallel Markets

Naira Falls By N15.75, Closes At N890/$1

Naira Appreciates To N874 In Official Market Amid $2.25bn FX Support

Naira Depreciation Deepens, Exchanges N1,089.51/$1 At Official Market

Naira Dips To N1,245/$1 In Unofficial Market Amid CBN’s Effort

Naira Appreciates To N856/$1 In Official Window As Afreximbank Injects $2.25bn Into FX Market

Cadbury, Guinness, Nestle Hit By Naira Depreciation As Report Reveals N472.3bn Loss

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Currency - Page 43

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