Nigeria News Today. Your online Nigerian Newspaper : Money Market

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Naira stable at N364/$1 Naira stable at N364/$1

The naira yesterday remained stable at N364 per dollar in the parallel market.

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Naira stable at N365/$1 Naira stable at N365/$1

The Naira Thursday remained stable at N365 per dollar in the parallel market.

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Naira appreciates to N363 per dollar Naira appreciates to N363 per dollar

The Naira, Tuesday, appreciated to N363 per dollar in the parallel market due to a combination of weak demand and increased dollar supp...

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Nigeria’s debt rises by N7.1tn in two years Nigeria’s debt rises by N7.1tn in two years

The nation’s total indebtedness to foreign and local creditors now stands at N19.16tn, the Debt Management Office has said. This is N1.8...

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Dollar crashes to N368/$1 Dollar crashes to N368/$1

The dollar yesterday crashed to N368/$ in the parallel market, after over three weeks at N382/$, representing N14 appreciation within the...

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Naira stable at N375/$1 Naira stable at N375/$1

The naira Wednesday remained stable at N375 per dollar in the parallel market. the parallel market exchange rate which dropped to N375 ...

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REVEALED: Real amount, invested, lost in MMM by Nigerians in 2016 REVEALED: Real amount, invested, lost in MMM by Nigerians in 2016

Nigeria Electronic Fraud Forum, NEFF, has revealed that Nigerians lost N11.9 billion to the Mavrodi Mundial Moneybox, MMM, Ponzi scheme l...

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Naira appreciates to N375/$1 Naira appreciates to N375/$1

The naira yesterday appreciated to N375 per dollar in the parallel market due to weak demand for the dollars.

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Banks lose N2.19 Billion to fraudsters in 2016 - CBN Banks lose N2.19 Billion to fraudsters in 2016 - CBN

The Central Bank of Nigeria on Tuesday said that Deposit Money Banks lost a total sum of N2.19bn to fraudsters in the 2016 fiscal period...

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Naira stable at N379/$1 Naira stable at N379/$1

The naira Wednesday maintained its stability against the dollar at N389 per dollar in the parallel market.

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Senate wants lower Naira notes changed to coins Senate wants lower Naira notes changed to coins

The Central Bank of Nigeria should convert the country’s lower currency notes into coins to facilitate “highly repetitive” retail transa...

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Nigeria almost out of worst recession in 29 years Nigeria almost out of worst recession in 29 years

The National Bureau of Statistics (NBS), on Tuesday released the Gross Domestic Prodcut (GDP) report for the first quarter of 2017, which s...

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"Naira was accepted in London, Mecca, Medina in 70s" "Naira was accepted in London, Mecca, Medina in 70s"

Former Deputy Governor of Central Bank Of Nigeria, Dr Obadiah Mailafia, has called on the Federal Government to take measures that will ...

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Dollar crashes to N380/$1 Dollar crashes to N380/$1

The dollar yesterday recorded its worst outing in more than three months against the naira, exchanging at N380/$1 in the parallel market....

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Nigeria’s inflation rate drops for third consecutive month Nigeria’s inflation rate drops for third consecutive month

The National Bureau of Statistics, NBS, on Tuesday said the Consumer Price Index which measures inflation dropped from 17.26 per cent in Ma...

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Naira stable at N385/$1 Naira stable at N385/$1

The Central Bank of Nigeria (CBN) yesterday injected $457.3 million into various segments of the foreign exchange market, even as the na...

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CBN’s $4 Billion intervention narrows official, black market gap CBN’s $4 Billion intervention narrows official, black market gap

The gap between the official and black market rates is shrinking—courtesy of the Central Bank of Nigeria (CBN), which has pumped over $4 ...

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Nigeria to auction N110 billion in treasury bill - CBN Nigeria to auction N110 billion in treasury bill - CBN

Nigeria plans to auction 110 billion naira ($350 million) of treasury bills on May 17, the central bank said on Friday.

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Toyota boss laments Nigeria’s lowest vehicle sales record in decades Toyota boss laments Nigeria’s lowest vehicle sales record in decades

The Managing Director of Toyota Nigeria Limited, Mr. Kunle Ade Ojo, has lamented the poor vehicle sales recorded in the country in the fi...

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Naira strengthens against the dollar Naira strengthens against the dollar

The Naira on Thursday gained N2 against the dollar at the parallel market as it was traded at N386 to the dollar, stronger than the N388...

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