Some of the reforms put in place by Olayemi Cardoso, governor of the Central Bank of Nigeria, are starting to pay off as foreign investors wager on Nigeria in 2025.| Legit.ng - Nigeria news.
The Nigerian currency weakened against the US dollar on Monday, February 3, 2024, amid CBN's extension of foreign exchange sales for Bureau de Change operators.| Legit.ng - Nigeria news.
The Central Bank of Nigeria (CBN) has slashed the foreign exchange rates for cargo clearance amid the appreciation of the Nigerian currency, the naira.| Legit.ng - Nigeria news.
The naira has continued its gains against the US dollar in the official and black market windows, gaining N10 and N11 naira respectively amid CBN's new FX Code.| Legit.ng - Nigeria news.
The Central Bank of Nigeria (CBN) introduced the newly launched FX Code to boost liquidity, and transparency and stabilise the local currency, the naira.| Legit.ng - Nigeria news.
The value of the naira continues its free fall against the US dollar in the foreign exchange market and is now currently at the lowest level in history.| Legit.ng - Nigeria news.
The Nigerian currency has depreciated against the US dollar in both the official and unofficial foreign exchange markets, leaving CBN with more headaches.| Legit.ng - Nigeria news.
The Nigerian economy received $282 million in diaspora remittances in the first three months of this year as experts forecast more inflows in 2024.| Legit.ng - Nigeria news.
Former presidential aide, Reno Omokri, said some Nigerians are praying that the appreciation of the Naira against the United States dollar will not last.| Legit.ng - Nigeria news.
The Central Bank of Nigeria revealed that the value of the naira depreciated against the British pound and the US dollar but appreciated against the euro.| Legit.ng - Nigeria news.
The Central Bank of Nigeria has broken a new remittance inflows as dollar inflows into Nigeria hit a five-year high at $20.98 billion in 2024 under Cardoso.| Legit.ng - Nigeria news.
Angela Okorie shares a heartwarming encounter with a mentally unstable fan and begins a search to reunite her with her family after taking her off the streets| Legit.ng - Nigeria news.
The Association of Bureau de Change Operators of Nigeria (ABCON) has expressed joy following the deadline extension by the CBN for dollar sales to BDCs| Legit.ng - Nigeria news.
Nigeria's foreign exchange reserves have declined by $1.19 billion as the Central Bank of Nigeria (CBN) battles to stabilise the naira and repay foreign debts.| Legit.ng - Nigeria news.
The value of the Nigerian currency, the naira, continued its free fall against the United States dollar in the foreign exchange market, and it could get worse.| Legit.ng - Nigeria news.
The value of the Nigerian currency has appreciated against the United States dollar in the official foreign exchange market, but fell to pound and also the euro.| Legit.ng - Nigeria news.
The Central Bank of Nigeria has released the latest exchange rates for the Naira against other currencies as the value of the Dollar appreciates in the NAFEM window.| Legit.ng - Nigeria news.
The Nigerian currency improved against the United States dollar in the foreign exchange market following policies introduced by the Central Bank of Nigeria.| Legit.ng - Nigeria news.
Nigeria's foreign exchange reserves have depleted by $1.38 billion, hitting a five-month low as the CBN's data shows that Nigeria's reserves are now $39.497bn| Legit.ng - Nigeria news.
The International Monetary Fund (IMF) has said that Nigeria's per capita income has declined to N1.25 million annually at $835.49 IN 2025 compared to 2024.| Legit.ng - Nigeria news.
Following the depreciation of the Nigerian currency, the Central Bank of Nigeria (CBN) has adjusted the exchange rate for cargo clearance in Nigeria's ports.| Legit.ng - Nigeria news.
The official exchange rate for the naira fell against the dollar, prompting black market traders to set a new rate, as the CBN's efforts falls flat.| Legit.ng - Nigeria news.
Nigeria's foreign exchange reserve has witnessed a boost of about $262 million in 19 days to $32.369 billion, a major push to strengthen the value of the naira| Legit.ng - Nigeria news.
The Nigerian currency has depreciated further in the official foreign 'exchange market by 1.27% to N1,441 per dollar as CBN's weekly FX sales stall in two weeks.| Legit.ng - Nigeria news.
An economist, Bismarck Rewane, has projected a sound exchange rate for the Nigerian naira in January 2025, saying the currency will bounce back stronger.| Legit.ng - Nigeria news.
The governor of the Central Bank of Nigeria (CBN) has disclosed that the bank's policies raised Nigeria's FX reserves to a 33-month high of $40 billion.| Legit.ng - Nigeria news.
The naira recovered in the official and black markets on November 7, 2024, after falling to its lowest the day earlier as the US dollar rebounded strongly.| Legit.ng - Nigeria news.
The Nigerian Correctional Service (NCS) has stated that cross-dresser Idris Okuneye, aka Bobrisky, has female features. This made him to be kept in a lone cell.| Legit.ng - Nigeria news.
The Nigerian currency is now among the world's worst-performing currencies, joined by other African currencies, following a reversal of gains in recent weeks.| Legit.ng - Nigeria news.
The Central Bank of Nigeria (CBN) again adjusted the exchange rate for duty clearance to N1,457.014, following the naira's crash against the dollar.| Legit.ng - Nigeria news.
A new report by the Standard Bank has predicted that Nigeria will earn about $5.1 billion in foreign inflow and that the naira would settle at N1,219 per dollar.| Legit.ng - Nigeria news.
The official and parallel markets are trading at almost the same rates following the crash of the naira against the dollar in the last three weeks.| Legit.ng - Nigeria news.
The Nigerian currency, the naira, recorded a loss of N38 to the dollar on Thursday, May 9, 2024, in the official market and in the parallel segment of the FX market.| Legit.ng - Nigeria news.
The Nigerian currency, the naira sank to its lowest in the official foreign exchange market on Tuesday, November 12, 2024, closing at N1,689.44 per dollar.| Legit.ng - Nigeria news.
The naira crashed again on Friday, May 13, 2024, against the US dollar in the parallel and official markets, closing at N1,478 and N1,520, respectively.| Legit.ng - Nigeria news.