naira

Nigeria’s currency, the naira, slumped against the US dollar at the official window on Monday. Officially, Central Bank of Nigeria (CBN) foreign exchange data shows that the naira closed at N1,353.90/$1, compared with N1,353.90/$1 on Wednesday. This represents a loss of N34.48 for the local currency against the American dollar. On the black market, the Nigerian currency rose N10 against …

Nigeria’s currency, the naira, slumped against the United States dollar at the official window on Wednesday. Officially, Central Bank of Nigeria (CBN) foreign exchange data shows that the naira closed at N1,353.90/$1, compared with N1,344.41/$1 on Tuesday. This represents a loss of N9.49 for the local currency against the dollar. On the black market, the naira rose N15 against the …

Nigeria’s currency, the naira, appreciated further against the United States dollar at the official window on Tuesday. Officially, Central Bank of Nigeria (CBN) foreign exchange data shows that the naira closed at N1,344.41/$1, compared with N1,357.76/$1 on Monday. This represents a gain of N13.35 in local currency against the dollar. On the black market, the naira closed flat against the …

Nigeria’s currency, the naira, appreciated further against the US dollar at the official window on Monday. Officially, Central Bank of Nigeria (CBN) foreign exchange data shows that the naira closed at N1,357.76/$1, compared with N1,366.23/$1 on Friday. This represents a gain of N8.47 for the local currency against the American dollar. On the black market, the Nigerian currency lost N10 …

The Federation Accounts Allocation Committee (FAAC) has distributed a total of N1,894tn as revenue to the Federal, state and local governments in the country for the month of February 2026. The February figures were contained in a communiqué issued at the end of the March 2026 FAAC meeting held in Abuja on Friday. A communiqué signed by FAAC Director of …

Nigeria’s currency, the naira, strengthened further against the United States dollar at the official window on Friday. Officially, Central Bank of Nigeria (CBN) foreign exchange data shows that the naira closed at N1,366.23/$1, compared with N1,371.50/$1 on Thursday. This represents a gain of N5.27 for the local currency against the dollar. On the black market, the naira rose N30 against …

Nigeria’s currency, the naira, extended its gains against the American dollar at the official window on Thursday. Officially, Central Bank of Nigeria (CBN) foreign exchange data shows that the naira closed at N1,371.50/$1, compared with N1,376.19/$1 on Wednesday. This represents a gain of N4.69 in local currency against the dollar. On the black market, the naira rose N25 against the …

Nigeria’s currency, the naira, recovered against the American dollar at the official window on Wednesday. Officially, Central Bank of Nigeria (CBN) foreign exchange data shows that the naira closed at N1,376.19/$1, compared with N1,401.40/$1 on Tuesday. This represents a gain of N25.21 in local currency against the dollar. On the black market, the naira lost N25 against the dollar and …

Nigeria’s currency, the naira, recovered against the American dollar at the official window on Tuesday. Officially, Central Bank of Nigeria (CBN) foreign exchange data shows that the naira closed at N1,401.40/$1, compared with N1,405.62/$1 on Monday. This represents a loss of N5.81 for the local currency against the dollar. On the black market, the naira lost N10 against the dollar, …

Nigeria’s currency, the naira, continued to slide against the American dollar at the official window on Monday. Officially, Central Bank of Nigeria (CBN) foreign exchange data shows that the naira closed at N1,405.62/$1, compared with N1,393.25/$1 on Friday. This represents a loss of N12.37 for the local currency against the American dollar. On the black market, the Nigerian currency closed …