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NGN RATE

NAIRA RATE

diutocoinnews Home / NAIRA RATE
CBN Supervises Forbearance-Exposed Banks Amid Recapitalization Push to Strengthen Nigeria’s Financial Sector
Posted inBanking Economy NAIRA RATE

CBN Supervises Forbearance-Exposed Banks Amid Recapitalization Push to Strengthen Nigeria’s Financial Sector

Posted by By Akachukwu Chukwuma 19/06/2025
CBN tightens oversight on forbearance-exposed banks, reinforcing capital buffers to safeguard Nigeria’s banking sector post-COVID…
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Naira Strengthens Slightly as Optimism Rises, Dollar Wavers Amid Global Uncertainty
Posted inExchange NAIRA RATE

Naira Strengthens Slightly as Optimism Rises, Dollar Wavers Amid Global Uncertainty

Posted by By Akachukwu Chukwuma 10/06/2025
The Naira Eyes Stability, the Dollar Holds Its BreathAs Nigeria’s currency inches upward, global uncertainty…
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Naira Strengthens Slightly, Inflation Dips to 23.71%
Posted inEconomy Exchange NAIRA RATE

Naira Strengthens Slightly, Inflation Dips to 23.71%

Posted by By Akachukwu Chukwuma 18/05/2025
The naira held steady at the official market, even as parallel rates slipped and inflation…
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CBN Set  for 300th Monetary Policy Meeting
Posted inEconomy NAIRA RATE NEWS

CBN Set  for 300th Monetary Policy Meeting

Posted by By Akachukwu Chukwuma 13/05/2025
Nigeria’s Central Bank will hold its landmark 300th monetary policy meeting amid inflation worries and…
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Nigeria’s Money Supply Hits N114.22 Trillion as Inflation Surges to 24.23%
Posted inNAIRA RATE

Nigeria’s Money Supply Hits N114.22 Trillion as Inflation Surges to 24.23%

Posted by By Akachukwu Chukwuma 21/04/2025
Money supply is surging in Nigeria, but inflation is rising even faster—forcing tough choices for…
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March Inflation Likely Flat, but April May Bring a Surge – Analysts Warn
Posted inNAIRA RATE Press Release Price Analysis

March Inflation Likely Flat, but April May Bring a Surge – Analysts Warn

Posted by By Akachukwu Chukwuma 14/04/2025
Analysts expect Nigeria’s headline inflation for March 2025 to remain largely stable or rise only…
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Naira Faces Pressure Amid FX Market Uncertainty and Dollar Strength
Posted inEconomy Exchange NAIRA RATE

Naira Faces Pressure Amid FX Market Uncertainty and Dollar Strength

Posted by By Akachukwu Chukwuma 02/04/2025
The naira remained volatile below N1,550/$ in the unofficial market despite growth in Nigeria’s FX…
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Naira Falls to N1,500/$1 Amid FX Scarcity
Posted inEconomy Exchange NAIRA RATE

Naira Falls to N1,500/$1 Amid FX Scarcity

Posted by By Akachukwu Chukwuma 28/02/2025
The Nigerian naira weakened to N1,500/$1 in the parallel market on Friday, down from N1,495/$1…
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Nigeria’s Non-Oil Revenue Soars in November 2024
Posted inEconomy Exchange NAIRA RATE

Nigeria’s Non-Oil Revenue Soars in November 2024

Posted by By Akachukwu Chukwuma 20/02/2025
Nigeria’s non-oil revenue surged to N1.90 trillion in November 2024, a 16.4% increase compared to…
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Naira Strengthens Against Dollar in Parallel Market
Posted inExchange NAIRA RATE NEWS

Naira Strengthens Against Dollar in Parallel Market

Posted by By Akachukwu Chukwuma 31/01/2025
The Nigerian naira appreciated the parallel market on Friday, closing at N1,610/$1, up from N1,630/$1…
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Nigerian Stock Market Weekly Wrap (Dec 20, 2024)
Posted inEconomy Exchange NAIRA RATE NEWS

Nigerian Stock Market Weekly Wrap (Dec 20, 2024)

Posted by By Akachukwu Chukwuma 22/12/2024
The All-Share Index (ASI) surged by 1.76% to close at 101,129.09, breaking the 100,000 and…
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Nigeria’s Inflation Rises to 34.60% in November 2024
Posted inEconomy NAIRA RATE

Nigeria’s Inflation Rises to 34.60% in November 2024

Posted by By Akachukwu Chukwuma 17/12/2024
Headline inflation in Nigeria  rose from 33.88% in October to 34.60% in November 2024, according…
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Naira Gains Against Euro Amid Market Reforms
Posted inEconomy Exchange General News NAIRA RATE Price Analysis

Naira Gains Against Euro Amid Market Reforms

Posted by By Akachukwu Chukwuma 09/12/2024
Driven by reforms in Nigeria’s forex market and political instability in Europe,the Nigerian naira strengthened…
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Naira Strengthens Amid New CBN FX Platform Launch
Posted inEconomy Exchange NAIRA RATE NEWS Opinion Price Analysis Stocks Top News

Naira Strengthens Amid New CBN FX Platform Launch

Posted by By Akachukwu Chukwuma 08/12/2024
Following the launch of the Electronic Foreign Exchange Matching System (EFEMS) by the Central Bank…
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Naira Trades Below ₦2000
Posted inEconomy Exchange NAIRA RATE NEWS Top News WEB 3.0

Naira Trades Below ₦2000

Posted by By Akachukwu Chukwuma 07/12/2024
For the first time in five months, the Nigerian naira improved significantly in the currency…
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December 2024 Subscription for FGN Savings Bonds Open
Posted inEconomy General News NAIRA RATE NEWS Stocks

December 2024 Subscription for FGN Savings Bonds Open

Posted by By Akachukwu Chukwuma 02/12/2024
Through the Debt Management Office (DMO), the Federal Government of Nigeria, invites individuals and institutions…
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All-Share Index Rises by 0.09%, Nigerian Stock Market Sees Modest Gain
Posted inBanking Exchange NAIRA RATE Stocks Trading

All-Share Index Rises by 0.09%, Nigerian Stock Market Sees Modest Gain

Posted by By Akachukwu Chukwuma 09/11/2024
On November 8, 2024,  the Nigerian All-Share Index (ASI) ended with a slight gain of…
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Naira Gains 2.77% at the Foreign Exchange Market, Weakening at the Parallel Market— DiutoX
Posted inEconomy NAIRA RATE NEWS

Naira Gains 2.77% at the Foreign Exchange Market, Weakening at the Parallel Market— DiutoX

Posted by By Akachukwu Chukwuma 02/10/2024
In September 2024, the Naira showed some positive signs in the official market, but the…
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Naira Rates: Nigeria Foreign Reserve Hits $36.87B Following the Sale of Domestic Dollar Bond
Posted inEconomy NAIRA RATE NEWS Stocks

Naira Rates: Nigeria Foreign Reserve Hits $36.87B Following the Sale of Domestic Dollar Bond

Posted by By Eze Chichetaram 16/09/2024
Nigeria’s foreign exchange (FX) reserves increased by $621.2M in 10 days following the recent sale…
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BlackRock’s $400 million iShares ETF to exit Nigeria
Posted inEconomy NAIRA RATE NEWS Trading Trends

BlackRock’s $400 million iShares ETF to exit Nigeria

Posted by By Tony Chimdiuto 13/06/2024
BlackRock, the world’s largest Bitcoin ETF (IBIT Fund) asset manager, will close iShares Frontier, a…
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Naira Rates: CBN Forms Task Force to Double the Remittance Inflows 
Posted inEconomy Exchange NAIRA RATE NEWS Trends

Naira Rates: CBN Forms Task Force to Double the Remittance Inflows 

Posted by By Tony Chimdiuto 25/04/2024
The Central Bank of Nigeria (CBN) has formed a task force that will drive the…
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CBN Refutes Claims on a Circluar Claiming to Apprehend P2P Merchants in Nigeria.
Posted inEconomy Exchange NAIRA RATE NEWS Regulations

CBN Refutes Claims on a Circluar Claiming to Apprehend P2P Merchants in Nigeria.

Posted by By Tony Chimdiuto 24/04/2024
In a recent tweet from the Central Bank of Nigeria, the country's top financial institution…
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Binance Denies Manipulating Nigerian Naira Despite ‘Glitch’ Impacting P2P Traders
Posted inNAIRA RATE NEWS Trends

Binance Denies Manipulating Nigerian Naira Despite ‘Glitch’ Impacting P2P Traders

Posted by By Nsikanabasi Edet 22/02/2024
Bayo Onanuga, a special adviser to Nigerian President Bola Tinubu, On February 21, made damning…
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Nigerian Bureau De Change Blames it’s shutdown on Crypto P2P Emergence
Posted inEconomy NAIRA RATE Regulations

Nigerian Bureau De Change Blames it’s shutdown on Crypto P2P Emergence

Posted by By Nsikanabasi Edet 04/02/2024
Although Nigerians involved in FX transaction prefer using crypto due to ease and speed, analysts…
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Naira/USD Nosedives to New Lows, But Central Bank Governor Says it is ‘Undervalued’
Posted inNAIRA RATE NEWS Regulations Trading

Naira/USD Nosedives to New Lows, But Central Bank Governor Says it is ‘Undervalued’

Posted by By Nsikanabasi Edet 30/01/2024
Naira has reached an all-time low of #1500 per dollar, but central governor, Olayemi Cardoso,…
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