The naira appreciated against the American dollar on Wednesday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the domestic currency gained N49 to...
The naira depreciated against the American dollar on Tuesday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that domestic currency shed N13 to trade...
The Nigerian currency, the naira, closed flat against the American dollar on Monday, August 19, 2024 to begin the week without a gain nor loss. The...
The Federal Government has announced that it will begin selling crude oil to local refineries, including the Dangote Refinery, in naira starting from October 1, 2024....
The naira slumped against the American dollar on Friday. Data from the Nigerian Autonomous Foreign Exchange Market ( NAFEM) showed that the local currency lost N15...
The naira appreciated against the American dollar on Thursday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the local currency gained N22 to...
The naira slumped again against the American dollar on Wednesday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the local currency shed N4...
The naira slumped against the American dollar on Tuesday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the domestic currency shed N12 to...
The Nigerian currency, the naira, began the new trading week on a high by continuing its recovery against the American dollar on Monday, August 12, 2024....
The naira continued its recovery against the American dollar on Friday. Data from Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the domestic currency gained N19...
The naira recovered further against the American dollar on Wednesday. Data from Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the domestic currency gained N5 to...
The naira continued its recovery against the American dollar on Tuesday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the domestic currency gained...
The Nigerian currency, the naira, appreciated against the American dollar on Monday, August 5, 2024. The domestic currency gained N10 to begin the week at N1,607/$1,...
The naira recovered slightly against the American dollar in the month’s first trading session on Thursday. Data from Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that...
The naira recovered slightly against the American dollar on Wednesday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the domestic currency gained N13...
The naira, slumped further against the American dollar on Tuesday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the domestic currency shed N10...
The Nigerian currency, the naira, slumped again against the American dollar on Monday, July 29, 2024. The domestic currency shed N2 to close the week at...
The Central Bank of Nigeria (CBN) has intervened in the foreign exchange market, injecting a sum of $148 million into the system. This move comes amidst...
The naira slumped again against the American dollar on Friday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the domestic currency shed N6...
The Nigerian currency, the naira, slumped again against the American dollar on Thursday, July 25, 2024. The domestic currency shed N17 to trade at N1,603/$1, data...
The Nigerian currency, the naira, slumped again against the American dollar on Wednesday, July 24, 2024. The domestic currency shed N38 to trade at N1,586/$1, data...
The Nigerian currency, the naira, slumped again on the second day of trading this week against the American dollar on Tuesday, July 23, 2024. The domestic...
The Nigerian currency, the naira started the week on a positive note against the American dollar on Monday, July 22, 2024. The domestic currency shed a...
The naira shed N30 against the American dollar at the official window on Friday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the...
The naira recovered from its slump against the American dollar to trade N1, 566/$1 at the official window on Thursday. Data from the Nigerian Autonomous Foreign...
The naira continued its slump against the American dollar on Wednesday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the local currency lost...
A Federal High Court in Lagos yesterday dismissed a suit praying for the Arabic inscriptions on Naira notes be removed. Justice Yellin Bogoro declared that the...
The naira reversed its slump against the United States dollar on Tuesday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the domestic currency...
The Nigerian currency, the naira started the week with a slump against the American dollar on Monday, July 15, 2024. The domestic currency shed N14 to...
The naira slumped against the United States dollar at the official window on Friday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the...
The naira recovered marginally against the United States dollar at the official window on Thursday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) revealed that...
The naira continued its slump against the United States dollar at the official window on Wednesday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed...
The naira continued its slump against the United States dollar on Tuesday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the domestic currency...
The Nigerian currency, the naira began the week against the American dollar on Monday, July 8, 2024 on a negative note. The domestic currency shed N14...
The naira recovered from its recent slump against the United States dollar on Friday to close the week on a positive note. Data from the Nigerian...
The naira continued its depreciation against the United States dollar on Thursday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the domestic currency...
The naira continued its depreciation against the United States dollar at the official window on Wednesday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed...
The naira shed N1 against the United States at the official window on Tuesday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the...
The Nigerian currency, the naira started the week on a losing note against the American dollar. The domestic currency lost N3 to trade at N1,508/$1, data...
The Nigerian Naira has suffered a dramatic reversal of fortune, plummeting to the title of worst-performing currency globally in the first half of 2024, according to...
The naira earned its first gain in more than 10 days against the United States dollar on Friday. Data from the Nigerian Autonomous Foreign Exchange Market...
For the fourth consecutive day this week, the naira slumped against the United States dollar to further inch past the N1, 500 mark on Thursday. Data...
For the third consecutive day this week, the naira slumped against the United States dollar to further inch past the N1, 500 mark. The Governor of...
Despite the recent slump by the Naira against the dollar, Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN) has expressed optimism that the excessive...
The naira traded N1, 500/$ at the official window on Tuesday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the local currency shed...
The Nigerian currency, the naira started the week on a losing note as it lost marginally against the American dollar on Monday, June 24, 2024. The...
The naira slumped marginally against the United States dollar on Friday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the domestic currency traded...
The naira slumped marginally against the United States dollar on Thursday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the domestic currency traded...
The Naira slumped marginally against the United States dollar in the first official trading session after the Eid-El-Kabir holidays on Wednesday. Data from the Nigerian Autonomous...
The naira depreciated against the United States dollar on Friday to trade at N1, 476.24/$1. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that...