The Nigerian naira began the week with a slight gain against the US dollar in the official currency market, but fell on the black market. According...
The exchange rate of the naira to the U.S dollars closed flat at the official and unofficial market last week. According to data from FMDQ securities,...
The Nigerian currency, Naira fell against the U.S dollar on the official market yesterday despite decrease in market activity. Data posted on the FMDQ Security Exchange...
Naira remained stable against the US Dollar at the parallel market on Tuesday to close at N500 a dollar. This was the same rate that was...
Nigeria’s currency, the naira reversed last week’s gains against the dollar, closing at N500/$1 on Monday at the parallel market. According to abokiFX data, Monday’s black...
Thursday was a good day for the Nigerian currency, Naira as it appreciated against the U.S dollars in both the official and unofficial market. The biggest...
As the Central Bank of Nigeria (CBN) agreed to print the Gambia government’s currency, Dalasi, a check by Ripples Nigeria indicates that the cost of producing...
Nigeria’s currency dropped to a four-year low against the US dollar in the parallel market, widening the official and official exchange rate to N90. According to...
The Naira on Tuesday weakened further against the dollar at the parallel market. Data from aboki FX showed the currency exchanged at N505 for a dollar...
![[STREET RIPPLES] How has the fall in the value of the Naira affected you?](https://i0.wp.com/www.ripplesnigeria.com/wp-content/uploads/2021/06/Naira-value.jpg?resize=400%2C240&ssl=1)
![[STREET RIPPLES] How has the fall in the value of the Naira affected you?](https://i0.wp.com/www.ripplesnigeria.com/wp-content/uploads/2021/06/Naira-value.jpg?resize=80%2C80&ssl=1)
It was negative trading for the Nigerian naira in the official foreign currency market, as it fell further in value versus the US dollar on Thursday....
On Tuesday, the South African Rand, Ghanaian Cedi, Egyptian pounds and Kenyan Shilling all climbed against the Nigerian Naira. Data from Google finance provided by Reuters...
The Nigerian Naira began the new week in the negative zone in the foreign currency (FX) market’s Investors and Exporters (I&E) window on Monday. Data from...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to the mainstream...
On Friday, two weeks after the Central Bank on Nigeria (CBN) devaluation, the Naira completed the week above N500 on the parallel market. According to abokiFX...
The pressure on the Nigerian currency continues to mount, as it is currently one step away from entering the N500/$1 mark on the parallel market of...
On Wednesday the Naira gained 0.23 percent, or 94 kobo, versus the US dollar in the Investors and Exporters (I&E) window of the foreign currency market....
On Tuesday, the naira took a significant battering, falling to new lows against the British pound, Euro and U.S dollar in the black market. Data from...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to the mainstream...
Again, the value of the Nigerian naira tumbled to a new low on Thursday at the parallel market. The Nigerian currency declined by N2 to trade...
The continuous fall of the Nigerian currency, the naira reached a record low against the dollar at the parallel market on Wednesday. According to market data,...
Nigeria’s currency depreciated to a six-month low against the U.S dollars on Tuesday. According to Abokifx data, at the parallel market the unofficial forex market, Naira...
The Naira opened the first trading day of the week trading lower against the U.S dollar on Monday at the parallel segment of the foreign exchange...
The naira’s value has dropped even further in both the official and parallel markets at the end of trading on Friday. At the black market, data...
Nigeria’s currency, the Naira fell further against the dollar on Thursday as market liquidity also dropped. According to data from the FMDQ Importers and Exporters window,...
The Central Bank of Nigeria (CBN) sold the U.S dollars to foreign investors at N411.5 the closing rate of NAFEX window on Monday. According to data...
On Friday, following news that the Central Bank of Nigeria (CBN) had adopted a flexible exchange rate as reference for government transactions, the official and the...
On Monday the value of the Nigerian Naira dropped marginally against the U.S dollar at the Investors’ & Exporters’ foreign exchange market as demand pressure for...
Nigeria’s currency ended last week on a positive against the dollar both at the official and unofficial foreign exchange market. On Friday, naira gained significantly against...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to the...
Nigeria’s naira weakened against the U.S. dollar at the Investors & Exporters (I&E) window of the foreign exchange market on Thursday, according to data from the...
The Central Bank of Nigeria has announced a new decision on its Naira for Dollar Scheme scheduled to end on Saturday, May 8. The scheme designed...
Nigeria’s currency on Wednesday strengthened marginally against the dollar by 0.12 percent at the official foreign exchange market. The gain occurred as foreign exchange daily turnover...
After the public holiday, Naira weakened again against the U.S. dollar at the investors and exporter window of the foreign exchange market on Tuesday. According to...
The Central Bank of Nigeria (CBN) has issued a warning to Nigerians to desist from defacing the Naira currency. This warning was issued by Mrs Dorothy...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to the...
The forex turnover rose significantly by 229.24 percent, as the Naira’s exchange rate appreciated marginally against the dollar at the official market on Thursday. According to...
Nigeria’s Naira gained slightly against the U.S. dollar at the official exchange market on Wednesday. This is as Nigeria’s external reserves dropped by $15.9 million in...
Naira closed trading significantly weaker to the dollar at the official market on Tuesday. Data from the FMDQ Security Exchange showed the Naira closed at N411.67...
Nigeria’s naira remained unchanged against the U.S. dollar at the unofficial market and official markets on Monday. Naira again closed at N485 at the black market,...
Nigerians are reportedly shunning the country’s currency, naira, for foreign notes. This move is to escape the weak local currency which has a high volatility amid...
Nigeria’s naira gained against the U.S. dollar at the unofficial market on Thursday. The data posted by Abokifx showed that the naira closed at N485.00 at...
The Naira appreciated slightly against the U.S. dollar at the I&E window of the foreign exchange market on Wednesday. The appreciation saw the local currency exchanged...
Nigerian Naira on Tuesday recorded a significant devaluation to the U.S dollar at the parallel exchange market. According to data from Abokifx, Naira closed at N486...
Naira started the week with a slight gain against the U.S. dollar at the investors and exporters window the official currency market. According to data posted...
The depreciation of Nigeria’s Naira has increased the nation’s external debt service in January by about N34.3 billion. According to the monthly economic report for January...
Last week closed with Naira weaker against the U.S dollar at the Investors and Exporters (I&E) forex window, the official currency market. Naira closed on Friday...
On Wednesday, Nigerian currrency, Naira appreciated to the dollar by 0.12 percent closing at the Investors and Exporters (I&E) where forex is traded officially. According to...
The exchange rate between Naira and the US Dollar closed at N411/1$ in the Importers and Exporters window, where forex is traded officially. According to data...
The Naira appreciated by N3 against the US Dollar at the black market of the foreign exchange (forex) market on Monday, to close at N482. This...
