Tag: Naira

Naira hits N890/$

Posted on August 16, 2023

VAM News Update THE naira, Nigeria’s legal tender, is currently trading at N890 per dollar at the parallel section of the foreign exchange (FX) market. The figure represents an appreciation of 60…

CBN explains why the Naira has been falling

Posted on August 11, 2023

THE acting Governor of the Central Bank of Nigeria (CBN), Folashodun Shonubi has blamed the continuous of fall of Naira against Dollars on unofficial diaspora remittances. Folashodun Shonubi disclosed this on Thursday,…

Again, Naira slides, trades high at parallel market

Posted on July 31, 2023

VAM News Update THE Nigerian naira, on Monday, weakened to N871 per US dollar at the parallel section of the foreign exchange (FX) market. The figure represents a depreciation of N6 or…

Naira Drops Against Dollar, Plunges Over 7%

Posted on July 15, 2023

THE Naira on Friday depreciated against the dollar, exchanging at N803.90 at the investors and exporters window. According to Financial statistics, the Naira decreased by 7.72 per cent when compared with N746.28…

Naira appreciates against Dollar at official market

Posted on July 11, 2023

VOICE AIR MEDIA News Update THE Naira appreciated to N744/$ at the Investors and Exporters (I&E) window (official market) on Monday, July 10. This represents a N24/$ gain from Friday’s N768/$ rate….

Naira now N768/$

Posted on July 4, 2023

VOICE AIR MEDIA News Update THE Naira relapsed at the official market on Tuesday, July 4, closing at N768/$ at the Investors and Exporters (I&E) window. The Naira which closed at N741/$…