Naira vs Dollar

October 17, (THEWILL) - In an unprecedented turn of events, the Naira tumbled to its deepest place on Tuesday to settle at N848.12/$ at the investors' and exporters' (I&E) window. This is an 8.9% depreciation compared with the N778.80/$...

June 19, (THEWILL) - The Naira suffered the worst bashing in known records as it dipped to an all-time low of N770.38/$1 at the I&E window Monday. This represents a 12.2 percent depreciation from the N686.90 the local currency...

As the Muhammadu Buhari-led Federal Government enters the last lap of its tenure, Nigeria’s public sector space is getting saturated with issues ranging from the absurd to the ridiculous. The raging controversy between the Central Bank of Nigeria (CBN)...

April 28, (THEWILL) - The Central Bank of Nigeria (CBN) has said that no successful economy thrives on the promotion of imported products over exportation of local products, adding that Nigerians’ import dependency is the main cause of...

September 22, (THEWILL) - The Nigerian economy is facing a massive foreign exchange crisis and the rate of depreciation of the naira has sparked serious concern among citizens. The debates have raised voices with many calling for the sack of Godwin...

BEVERLY HILLS, May 25, (THEWILL) – The Central Bank of Nigeria (CBN) has officially made the NAFEX Investor and Exporter forex window rate of N410.25 as its official exchange rate to the dollar. It confirmed this new official rate on its...

BEVERLY HILLS, January 05, (THEWILL) - The confusion that emerged on the first trading day of the year (Monday, January 4) over the adjusted rate of the Naira added another dimension Tuesday when the local currency witnessed further rate...

SAN FRANCISCO, January 01, (THEWILL) - There are indications that the Central Bank of Nigeria (CBN) may have effected an adjustment in the foreign exchange rate that officially devalues the Naira at the Nigeria Autonomous Foreign Exchange (NAFEX) window...

SAN FRANCISCO, December 25, (THEWILL) - The Naira strengthened by 2.11% to exchange N465 against the Dollar at the parallel forex market on Christmas eve, compared with N475/$ it traded the previous day. The local currency also appreciated marginally at...

BEVERLY HILLS, December 18, (THEWILL) - There is renewed pressure on the Naira at the parallel market as it shed N2 again the Dollar to exchange at N478/$ on Thursday instead of 476/$ it traded the previous day. The local currency...