For two straight days, the value of the Naira against the American Dollar has strengthened in the Investors and Exporters (I&E), and the parallel market sides...
Fitch Solutions, the research arm of credit rating agency, Fitch ratings, has predicted that Nigeria’s economy will grow by only 2.3 percent this year, down from...
Nigerian Naira appreciated against the US Dollar in three segments of the foreign exchange market on Tuesday, April 25th, following the Eid al-Fitr break. In the...
The Nigerian currency, the Naira, experienced a decline relative to the US Dollar in both the Investors and Exporters (I&E) and the black market segments of...
The Nigerian currency, the Naira, has appreciated again at the official market, continuing a trend of gains in recent days. Data from FMDQ securities where Naira...
The Nigerian Naira experienced a reversal of its gains against both the US dollar in the official and black markets. At the beginning of the week,...
The total currency in circulation in Nigeria has increased to N1.6tn in March 2023, according to the Central Bank of Nigeria (CBN). The amount represents N701.4...
Nigerian currency recorded positive trading against the US dollar as it appreciated at the Investors and Exporters (I&E) and the black-market segment of the foreign exchange...
The Nigerian Naira recorded a mixed trading day on Friday, with gains at the unofficial market and losses at the official market. In the official market,...
The Nigerian Naira suffered a sharp reversal in fortunes on Wednesday, falling at both the official and black-market exchanges after Wednesday’s gain. At the official exchange...
The Nigerian Naira has appreciated against the US dollar at both the official and black market, following the resumption of trading after the Easter holiday. At...
In a much-needed relief,, the Naira appreciated against the US dollar across the foreign exchange (FX) markets ahead of the Easter break. The local currency gained...
KPMG Nigeria has stated that the decline in foreign capital importation into Nigeria could lead to further devaluation of the Naira. The professional firm offering Audit,...
It seems that the Central Bank of Nigeria has decided to slightly adjust the official exchange rate of the naira to the dollar. In the last...
The foreign exchange (forex) market saw different movements in the exchange rate between the Naira and the US Dollar across its various segments on Tuesday. This...
The Nigerian currency experienced a depreciation against the US dollar at the Investors and Exporters (I&E) segment of the official foreign exchange (forex) market on Monday....
The Naira appreciated against the United States Dollar across the main segments of the foreign exchange (forex) market, the Peer-2-Peer (P2P), the Investors and Exporters (I&E),...
The Nigerian naira has continued to depreciate against major currencies, according to recent data from the country’s official and unofficial foreign exchange markets. At the parallel...
The Naira continued its poor performance in the Investors and Exporters (I&E) window of the foreign exchange (FX) market on Tuesday, March 28. Data from FMDQ...
Tope Alabi, an activist lawyer based in Lagos, has approached the Federal High Court in Lagos for permission to bring contempt charges against Godwin Emefiele, the...
On Monday, the Nigerian Naira experienced a decrease in value against the US Dollar in the black market and in the Peer-2-Peer (P2P) and Investors and...
As the Central Bank of Nigeria (CBN) continues release of more naira notes to commercial banks to ease scarcity, there seems to be a ripple effect...
On Wednesday, the Naira experienced a depreciation against the US dollar at the unofficial market but closed stronger at the Investors and Exporters (I&E) window. At...
The Nigerian Naira has recorded slight improvement in its value against the US dollar, after experiencing a decline over the past few days. Checks showed that...
The Naira weakened against the US Dollar across all the segments of the foreign exchange (forex) market on Monday. This includes the parallel market, Peer-to-Peer (P2P),...
The Naira experienced mixed performance in the foreign exchange (FX) market at the close of last week. The currency appreciated by N2 against the US Dollar...
The Naira gained slightly against the U.S. dollar at Thursday’s official and unofficial markets of foreign exchange market. Data posted on the FMDQ Security Exchange, where...
The Naira closed stronger against the United States Dollar at the Investors and Exporters (I&E) window of the foreign exchange (forex) market on Wednesday. Data from...
Nigerian currency, the Naira depreciated against the US Dollar across the foreign exchange markets on Tuesday. Data obtained from FMDQ securies showed that at the official...
Nigeria currency recorded a good day on Monday against the United States currency as it appreciated across all foreign exchange markets. At the official market, data...
The value of Nigeria’s currency, naira depreciated against the US dollar following the judgment of the Supreme Court extending the use of old naira notes until...
The Nigerian naira has reversed its recent gains against the US dollar, falling sharply in value on Thursday, according to the latest foreign exchange rates. The...
The value of Nigerian currency increased on Wednesday against the US dollar at the official market. Data from FMDQ securities shows that the naira gained after...
The Naira traded flat against the United States Dollar in the Investors and Exporters (I&E) and the Peer-to-Peer (P2P) windows of the foreign exchange (FX) market...
On Monday, the Nigerian Naira value dropped against the US Dollar in the official market segment of the foreign exchange (forex) market, as the country anxiously...
The value of naira, which reflects the cost of one dollar, closed positive across foreign exchange markets as demand slowed significantly. At the black market, Naira...
The Naira again depreciated against the Dollar at the different foreign exchange (FX) market segments on Wednesday. Data from the FMDQ Securities Exchange revealed that in...
Nigerian currency recorded a mixed trading day on Tuesday against the US Dollar and other currencies in the official and unofficial foreign exchange market. At the...
The value of the Nigeria currency depreciated on Monday as there seemed to be no end to the current cash crises. Data from FMDQ securities where...
The Naira appreciated against the United States Dollar at the parallel market, the Peer-2-Peer (P2P) and the Investors and Exporters (I&E) windows of the foreign exchange...
Nigerians on Friday woke up to the news of protests all over the country, with reported protests in parts of Lagos, Oyo, Ogun, Rivers, and other...
The value of Nigerian currency dropped against the US Dollar across all foreign exchange markets on Thursday, as President Muhammadu Buhari insisted the N500 and N1,000...
The Naira suffered losses against the United States Dollar in the parallel market and the Peer-to-Peer (P2P) windows of the foreign exchange (forex) market on Wednesday....
Mallam Nasir El-Rufai, the governor of Kaduna State, disclosed on Wednesday that the federal government has approached governors to ask them to drop their appeal to...
Nigerians have been talking on social media saying that by defying the Supreme Court’s order, the Central Bank of Nigeria (CBN) and the Federal Government FG...
The value of Nigerian currency depreciated heavily against the US dollar across all foreign exchange markets on Tuesday. In the Investors and Exporters (I&E) segment of...
The Central Bank of Nigeria (CBN) has recorded significant progress in its effort to mop up cash in the economy. In its latest data published on...
The Nigerian currency, the Naira has kicked off the new week with a positive movement at the official market. However, it depreciated at the Peer-2-Peer (P2P)...
The Naira depreciated against the United States Dollar at the Investors and Exporters (I&E) segment of the foreign exchange (FX) market at the last trading session....
Instant electronic payment dropped to N38.77 trillion in January 2023 despite the Central Bank of Nigeria (CBN) hoping the Naira redesign policy would push digital transactions...
