Tag: Naira

Check the current price of Naira in US Dollars Today

Naira to Dollar at N1,600 Gwamcee News The Naira to the United States Dollar exchange rate today, August 21, 2024, in the black market...

CBN says Naira is undervalued, targets 21.4 % inflation

Gwamcee News The Central Bank of Nigeria (CBN) on Wednesday said that the naira is currently undervalued, contrary to suggestions that the local currency...

Naira Depreciates by 22.1% as equities market records N45.3b turnover

Gwamcee News The naira depreciated by 22.1 per cent to N996.75/$ at the Nigerian Autonomous Foreign Exchange Market (NAFEM), with total turnover falling by 7.4...

CBN denies plans to Redenominate Naira

Gwamcee News The Central Bank of Nigeria (CBN) has dismissed rumours suggesting any plans for the redenomination of the Naira, set to take effect...

UK approves naira for trade financing

Gwamcee News Britain will add the naira to its list of “pre-approved currencies” for financing transactions. This will enable United Kingdom (UK)’s export finance agency...

Naira sustains recovery at N746/$ in official market

The naira on Thursday recorded a massive gain of N36 to close at N746/$ in the Investors and Exporters (I&E) window– official market. Thursday’s rebound...

Naira devaluation’s fake news, says CBN

The report is not true. The CBN has not devalued the naira. The exchange rate of the naira on the FMDQ website as at...

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