Nigerian currency bounced back on Wednesday recording a positive day against the US dollar at the foreign exchange (FX) market in Nigeria. Data from FMDQ securities...
Following the call by the International Monetary Fund (IMF) for Nigeria to remove official exchange rates, the value of Naira depreciated at the official and black...
The Naira depreciated further against the dollar on Monday at the Investors and Exporters (I&E) segment of the foreign exchange (FX) market. Data from FMDQ securities...
It was negative trading for the Nigerian naira again at the official markets, as it fell further by 26 kobo, or 0.06 percent to the U.S...
Tough times await Nigerian currency, and its economy as for the first time in three months, Nigeria’s external reserve has fallen below the $40 billion threshold....
Nigerian currency once again suffered another drop in value to foreign currencies at the official market on Wednesday. Data obtained from FMDQ securities showed that the...
Nigerian importers face tough decisions as the Nigerian currency continues its poor performance to the US dollars at official exchange markets. According to data from investors...
After plunging for five consecutive days last week, Naira staged a comeback against the US dollar at the official market on Monday to close the month...
Nigerian currency last week weakened significantly to the US dollar as it suffered five straight days of losses at the Interbank segment of the forex exchange...
Naira performed poorly to the US dollar at the Investors and Exporters (I&E) segment of the foreign exchange (forex) amid forex demand. FMDQ reports that the...
Despite demand pressure, the Nigerian currency outperformed the US Dollar on Wednesday at the Investors and Exporters (I&E) window of the foreign exchange (FX) market. According...
Despite efforts by the Central Bank of Nigeria (CBN) to increase diaspora remittances, money sent home by Nigerians living abroad fell by 62 percent. Latest data...
After two consecutive days of losses, the Naira recorded a gain against the Dollar at the Investors and Exporters (I&E) segment of the foreign exchange market...
The naira on Monday recorded a poor performance against the U.S. dollar making it a second trading day depreciation. Data posted by the FMDQ securities showed...
The Central Bank of Nigeria (CBN) has been urged to retract some of its tough policy on Naira and give it a chance to fight. The...
Nigerian currency recorded a good performance to the US dollar last week and will be hoping for more of the same. Data from FMDQ securities showed...
On Thursday, the rate of Naira to the dollar remained unchanged at the Investors and Exporters (I&E) segment of the foreign exchange currency (FX) market. FMDQ...
After a two-day stalemate, the Naira rose marginally against the US dollar at the investors and exporters window of the foreign exchange market. Data gathered from...
Nigerian currency opened the week with a mixed performance to US dollar as it depreciated and appreciated at the official and parallel exchange markets. Data from...
Nigerian currency at the official market made a marginal gain to the US dollar amid a reduced demand for foreign exchange. Data from FMDQ showed that...
On Thursday, Naira came under intense pressure at the Investors and Exporter window, the official exchange market, as participants closed $172.99 million worth of transactions. This...
Nigerian currency fell at the Investors and Exporters (I&E) segment of the foreign exchange (forex) on Wednesday despite a significant decrease in dollar demand. Data obtained...
Nigerian currency put up a good performance on Tuesday at both Investors and Exporters window and the parallel market as it appreciated by 25 kobo and...
The Naira put up a poor performance at the Interbank segments of the foreign exchange market on Monday, December 10, 2021, as it depreciated against the...
The Central Bank of Nigeria (CBN) has been advised by the International Monetary Fund to allow Naira depreciate further. CBN in December 2021 devalued the Naira...
Nigerian currency recovered against the United States dollars at the Investors and Exporters (I&E) segment of the foreign exchange market window. According to data from the...
After two days of trading positive, Nigerian currency has recorded its first loss to the US dollar at the official market. Data from FMDQ securities where...
On the second trading day of the year, the exchange rate between the naira and the US dollar closed at N416/$1, at the Investors and Exporters...
The first trading session at the Investors and Exporter market was a good one for Nigeria’s currency, Naira against the US dollar after heavy devaluation before...
Nigerian Naira recorded a very terrible loss Thursday as it weakened heavily to the dollar at all foreign exchange markets. Data from FMDQ showed that at...
Nigerian currency returned from the Christmas holiday stronger against the US Dollar on Wednesday, gaining 10 kobo or 0.02 per cent at the Investors and Exporters...
The widening gap between Naira and dollar has helped Nigeria’s five big banks rake in N159 billion additional profit in nine months. This is according to...
Pressure from Christmas travellers saw Naira record a 37 kobo or 0.09 per cent loss against the US Dollar at the Investors and Exporters (I&E) segment...
The Naira appreciated against the US Dollar at the Investors and Exporters (I&E) window of the foreign exchange market on Thursday by 0.09 per cent or...
On Wednesday, the Nigerian currency gained significantly against the US dollar in the black market and stayed unchanged at the official market. Ripples Nigeria spoke to...
Naira increased in value on Monday against the U.S dollar at the Investors and Exporters (I&E) foreign exchange (forex) thanks to the increased forex supply by...
The Nigerian currency continued its depreciation against the US dollar at the official market due to strong demand by importers and citizens looking to travel out...
The Naira depreciated again against the US Dollar at the Investors and Exporters (I&E) window of the foreign exchange (forex) market on Thursday. According to data...
Nigeria’s currency, the naira, closed strong against the United States Dollar at the Investors and Exporters (I&E) window of the foreign exchange market on Wednesday. Data...
Nigerian currency weakened on Tuesday against the US dollar at the Investors and Exporters (I&E) segment of the foreign exchange (forex) market. A day after recording...
The Nigerian naira recovered on Monday following a string of weak exchange rates to the US dollar in the official market. FMDQ securities reported that after...
Nigerian currency continues its struggle against the United States Dollar at the official market. It could get worst amid a drop in forex reserves. Data from...
Nigerian currency suffered a serious beating at the black market amid rising foreign travels ahead of the holiday season. A Bureau De Change (BDC) operator who...
After two consecutive days of losses, Nigerian currency closed flat against the US Dollar at the Investors and Exporters (I&E) segment of the foreign exchange (forex)...
Nigerian currency for the second consecutive day has depreciated in value at the official foreign exchange market. Data obtained from FMDQ showed the Nigerian currency exchanged...
Nigerian currency has fallen to a one-month low on the black market as traders continue to react to the Central Bank of Nigeria’s strict forex policies....
Nigerian currency started the second week of December with a smile after gaining to the U.S dollar at the last session of the official market. On...
The Naira to dollar exchange rate has changed for the first time in five days, with the Nigerian currency coming out on top. Data from FMDQ...
Nigerian currency remained strong against the US dollar as it maintained stability for another day at the Investors and Exporters (I&E) segment of the foreign exchange (FX)...
The Nigerian currency to the U.S dollar remained stable at the official foreign exchange (FX) market on Tuesday despite falling to N456.97 at intraday trading. Data...
