Based on the $5,000 flat rate, the amount involved ... responsible for the depreciation or prostration of the naira before the dollar. CBN does not need to look further. Secondly, the alleged ...

The exchange rate for the US dollar to the naira today is ₦1,600.7991, marking a slight decline of -0.432% compared to yesterday’s rate. Over the past week, the dollar has shown relative ...

Nigerians who are still holding tight to stash of dollars for speculative purposes have been advised to cut their losses now and convert their currency to naira amidst projections of a ...

Naira Official Rate Sinks to Near 1,000 on Scramble for Dollars Naira hits new lows in Nigeria’s official and parallel markets Foreign school fees boost dollar demand, brokerage says ...