The naira recovered from its one-day slump after weeks of steady gain against the American dollar on Wednesday April 17, 2024 at the official window as...
The naira reversed its steady gain against the American dollar on Tuesday April 16, 2024 at the official window as the domestic currency traded at N1,148/$1,...
The naira maintained its steady gain on Monday April 15, 2024 at both official and parallel windows as the domestic currency traded at N1,136/$1, data from...
The naira inched closer to the N1,000/$1 mark at the official window as the domestic currency traded at N1,142/$1, data from the Nigerian Autonomous Foreign Exchange...
Goldman Sachs, one of the world’s leading global financial institutions, has predicted that Nigeria’s domestic currency, the naira, could extend gains that have already made it...
The Nigerian domestic currency, the naira, started the week on a positive note against the American dollar at the official window to trade at ₦1,230.61/$1, data...
In continuation of its defence of the naira against the dollar, the Central Bank of Nigeria (CBN) Monday announced the sales of foreign exchange (FX) to...
Following the resumption of sales of dollars to Bureau De Change (BDCs) operators in a bid to defend the domestic currency against the dollar, Nigeria’s foreign...
The Nigerian domestic currency, the naira closed the week on a positive note against the American dollar at the official window for the fourth consecutive trading...
The Naira traded for N1,251.05 to a dollar at the official market on Friday. Data from the official trading platform of the FMDQ Exchange, a platform...
The Nigerian domestic currency, the naira has continued its recovery against the American dollar at the official window for the third consecutive trading day in April...
The Naira ended at N1, 262.85 to a dollar at the official market on Wednesday. Data from the official trading platform of the FMDQ revealed that...
The naira has continued its recovery against the dollar at the official window to trade at ₦1278.58/$1 on the first official trading day in April 2024...
The Naira exchanged for N1, 309.39 to a dollar at the official market on Thursday. Data from the official trading platform of the FMDQ revealed that...
The Naira appreciated against the dollar by 5.97 percent at the official market on Wednesday. Data from the FMDQ trading platform revealed that Naira appreciated by...
For the ninth consecutive day, the Nigerian currency, the Naira continues to post strong performances against the US dollar at the official window to trade at...
For the eighth consecutive day, the Nigerian currency, the Naira continued to rally strong against the dollar at the official window to trade at N1,408.04/$1 on...
For the seventh consecutive day, the Nigerian currency, the Naira appreciated at the official window to trade at N1,431/$1 on Friday March 22, 2024 the best...
The Nigerian currency, the naira continued its appreciation at the official market on Thursday, March 21, 2024 to close at ₦1,453.28/$1, data from the Nigerian Autonomous...
The Presidency, on Thursday, warned forex speculators to discard their dollars, saying that the Naira will soon appreciate. President Bola Tinubu’s Special Adviser on Information and...
The Nigerian naira appreciated further at both the official and parallel market on Wednesday, March 20, 2024 to close at ₦1492.61/$1, data from the Nigerian Autonomous...
The Nigerian naira appreciated further at the official market on Tuesday, March 19, 2024 to close at N1,560.57/$1, data from the Nigerian Autonomous Foreign Exchange Market...
The total value of Nigeria’s imports rose to N35.9tn in 2023, up from N25.5tn in 2022 representing an increase of N10.4tr. This increase was brought about...
The Nigerian naira appreciated slightly at the official market to close at N1,597.34/$1, data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) has shown. This represents...
The Nigerian currency, the naira, Friday March 15, 2024 appreciated further against the American dollar to tumble to N1,602.75|$1, data from the Nigerian Autonomous Foreign Exchange...
The Nigerian currency, the naira, Thursday March 14, 2024 appreciated against the American dollar to tumble to N1,608.98/$1, data from the Nigerian Autonomous Foreign Exchange Market...
The Nigerian currency, the naira, Wednesday March 13, 2024 reversed days of appreciation against the American dollar to tumble to N1,615.94|$1, data from the Nigerian Autonomous...
The Nigerian currency, the naira, Tuesday continued its recovery against the American dollar as it traded at N1,603.38|$1, data from the Nigerian Autonomous Foreign Exchange Market...
The Nigerian currency, the naira recovered slightly to N1,617.96|$1 on the first trading day of the week, data from the Nigerian Autonomous Foreign Exchange Market (NAFEM)...
Leading global business intelligence and market insight provider, Economist Intelligence Unit, has said that the Central Bank of Nigeria does not have the liquidity to support...
The Nigerian currency, the naira, slumped again on Friday, March 8, 2024 as the domestic currency appreciated to ₦1, 627.40/$1 data from the Nigerian Autonomous Foreign...
The Nigerian currency, the naira, recovered slightly on Thursday, March 7, 2024 as the domestic currency appreciated to N1,602.17/$1 data from the Nigerian Autonomous Foreign Exchange...
The Nigerian currency, the naira, slumped again on Wednesday, March 6, 2024 as the domestic currency slumped to N1,605.74/$1 data from the Nigerian Autonomous Foreign Exchange...
A three-day gaining streak by the Nigerian currency, the naira came to an end on Tuesday, March 5, 2024 as the domestic currency slumped to N1,602.43/$1...
Kingsley Moghalu, a former deputy governor of the Central Bank of Nigeria (CBN), has counseled the Federal Government and the CBN to go after chief executives...
The naira continued its recovery on the first trading day of the week on March 4, 2024 to trade at N1,534.19/$1 data from the Nigerian Autonomous Foreign...
The naira continued its recovery on the first day of March 2024 to trade at N1,595.25/$1 data from the Nigerian Autonomous Foreign Exchange Market, NAFEM (Official...
The naira continued its recovery on the last day of February 2024 to trade at N1,595.11/$1 data from the Nigerian Autonomous Foreign Exchange Market, NAFEM (Official...
Following scathing backlash from the Nigerian government, Binance, a crypt exchange with over 170 million users worldwide has disabled its peer-to-peer (P2P) feature for Nigerian users....
In a dramatic showing, the naira traded at a lower exchange rate at the parallel (black market window than the official window on Wednesday, February 28,...
The naira reversed the gains recorded on the first trading of the week on Monday, February 26, 2024 on Tuesday, February 27, 2024 as the local...
The naira recovered on the first trading of the week on Monday, February 26, 2024 as the local currency appreciated to ₦1582.94/$1 data from the Nigerian...
The naira slumped massively against the dollar on Friday, February 23, 2024 as the local currency declined to N1, 665.31/$1 data from the Nigerian Autonomous Foreign...
The yoyo movement of the naira continued on Thursday, February 22, 2024 as the local currency declined to N1571.31/$1 data from the Nigerian Autonomous Foreign Exchange...
The naira, Wednesday, February 21, 2024 recovered slightly as the local currency appreciated to N1542.58/$1, data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) window where...
The naira, Tuesday, February 20, 2024 recovered slightly as the local currency slumped to N1,551.24/$1, data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) window where...
Minister of Housing and Urban Development, Ahmed Dangiwa, has accused cement manufacturers in the country of taking advantage of the rise in dollar against the naira...
The naira, Monday, February 19, 2024 continued its slump as the local currency slumped to N1,598.54/$1 data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) window...
The Naira continued its yoyo movement to close the week on a losing note; it declined against the US Dollar in the official market, data from...
The Nigerian currency, the naira, appreciated on Thursday, February 14, 2024 to N1,498.25/$1, data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) window where forex is...
