After a day of recovery, the Nigerian currency, the naira, depreciated on Wednesday, February 14, 2024 to N1,503.38/$1, data from the Nigerian Autonomous Foreign Exchange Market...
The Nigerian currency, the naira, appreciated slightly on Tuesday, February 13, 2024 to close at N1499.07/$1 data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) window...
The Naira depreciated to a record low of N1,534.39/$1 at the official Nigerian Autonomous Foreign Exchange Market (NAFEM) window on Monday, February 12, 2024. This is...
The naira rebounded on Friday, February 9, 2024 to reverse the loss of the local currency on Thursday, February 8, 2024 as the domestic currency appreciated...
The naira, yoyo movement continued on Thursday, February 8, 2024 as the domestic currency depreciated to ₦1,479.47/$1, data from the Nigerian Autonomous Foreign Exchange Market (NAFEM)...
The naira, yesterday, February 7, 2024 recovered slightly to appreciate to ₦1418.78/$1 data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) window has shown. This represents...
The naira, yesterday, February 6, 2024 reversed two days of recovery to slump to N1433.89/$1 data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) window has...
The naira continued its recovery against the dollar on Monday, 5th February 2024 at the official Nigerian Autonomous Foreign Exchange Market (NAFEM) window. The domestic currency...
In a swift response to widespread online speculation, the Central Bank of Nigeria (CBN) has vehemently denied plans to forcefully convert $30 billion from Nigeria’s domiciliary...
The naira recovered as it appreciated slightly against the dollar on Friday, February 2, 2024. The domestic currency closed at N1,435.53/$1 as against the N1,461.90/$1on the last...
The naira failed to immediately respond to the various measures put in place by the Central Bank of Nigeria as it dipped slightly against the dollar...
The naira recovered slightly against the dollar on Wednesday, 31st January 2024 at the official market after it plunged to a record low of N1,482.57/$1 the previous trading...
The freefall of the naira continued on Tuesday January 30, 2024 as the domestic currency depreciated to a record low of N1,482.5/$1 at the official Nigerian Autonomous...
The naira, on Monday, closed at N1,348.63/$1 at the Nigerian Autonomous Foreign Exchange Market (NAFEX), known as the official window. This is the highest closing rate...
The Nigerian naira recovered against the dollar on Friday, January 26th, 2024, according to data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) window where the...
The Nigerian naira fell further against the dollar on Thursday, January 25th, 2024, data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) window where the forex...
The Nigerian naira tumbled against the dollar marginally on Wednesday, January 24th, 2024, in the official window, data from the Nigerian Autonomous Foreign Exchange Market (NAFEM)...
The Naira gained against the dollar on Tuesday, 23rd January 2024 at the official market, data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) window has...
The Nigerian naira further declined against the dollar on Monday, January 22nd, 2024, in both the official and black markets data from the Nigerian Autonomous Foreign...
The Nigerian naira slumped slightly to N902.45/$1 on Friday, January 19th, 2024, data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) window where naira is traded...
The Naira appreciated against the dollar on Thursday, 18th January 2024 at the official market data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) window where...
The depreciation of the Nigerian currency, the naira continued on Wednesday, January 17, 2024 as it slumped further to N931,23/$1, data from the Nigerian Autonomous Foreign...
The Nigerian naira reversed the gain recorded the previous day against the dollar to slump against the dollar on Tuesday, January 16th, 2024, in both the...
The Nigerian currency, the naira began the week on a strong note by strengthening to N838.95/$1 data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) window...
After gaining on Thursday, January 11, 2024, the Nigerian naira, again, slumped against the dollar on Friday, January 12, 2024, data from the official Nigerian Autonomous...
The Naira, Thursday, January 11, 2024 rebounded from two days of consecutive losses to appreciate to N874.79/$1 at the close of business, data from the Nigerian...
The naira remained in the N1k threshold on Wednesday, January 10, 2024 as the Nigerian currency appreciated marginally to close at N1, 082.32/$1, data from the...
In a yoyo movement, the naira experienced a significant decline on Tuesday, January 9th, 2024, slumping to N1,089.51/$1 at the official Nigerian Autonomous Foreign Exchange Market...
The Nigerian currency, the Naira further gained against the dollar on Monday, 8th December 2024 at the official Nigerian Autonomous Foreign Exchange Market (Window) signifying the...
The naira closed the week on a winning note appreciating further against the dollar on Friday, 5th December 2024 at the official market, marking the second...
The Nigerian Naira has reversed its two-day losing streak in the new year by gaining against the dollar for the first time on Thursday, January 4th...
After slumping against the dollar to N988.46/$1 on Tuesday January 2, 2024, the Nigerian Naira recorded another slump on Wednesday, January 3rd, 2024, closing at N1,035.12/$1...
The injection of $2.25 billion by the African Export-Import Bank (Afreximbank) to ease the country’s forex crunch seems to do little as the Nigerian naira kicked...
The naira recovered from the N1,043.09/$1 recorded on Thursday, December 28, 2023 to close the year at N907.11/$1 on Friday December 29, 2023 the last official...
The Nigerian Naira fell to a new low on Thursday, December 28th, 2023, closing at N1,043.09/$1 at the official Nigerian Autonomous Foreign Exchange Market (NAFEM) window....
In the first official trading session after the Christmas and boxing day celebrations, the naira gained against the dollar on Wednesday, 27th December 2023 at the...
Senate leader, Senator Opeyemi Bamidele, says the Federal Government would go after economic saboteurs who have made lives difficult and unbearable for Nigerians from next year....
On the last official trading day ahead of the Christmas celebration, the naira again weakened against the dollar on Friday, December 22nd, 2023, falling 2.71% to...
The Nigerian naira slumped further to depreciate against the dollar on Thursday, 21st December 2023, closing at N861.91/$1 at the official Nigeria Autonomous Foreign Exchange Market (NAFEM)...
The Nigerian naira reversed two days of gains to depreciate against the dollar on Wednesday, 20th December 2023, closing at N854.61/$1 at the official Nigeria Autonomous Foreign...
The Nigerian naira maintained the gain recorded on Monday to further appreciate against the dollar on Tuesday, 19th December 2023, closing at N844.85/$1 at the official...
The Naira gained marginally against the dollar on Monday, 18th December 2023 at the official market while slumping slightly at the parallel market. The domestic currency...
Despite the assurances by the Central Bank of Nigeria (CBN) that cash I circulation has hit N3.4tr and repeated statements by the apex bank on the...
The Naira appreciated slightly against the dollar on Thursday, 14th December 2023 at the official Nigeria Autonomous Foreign Exchange Market (NAFEM) window. The Nigerian currency appreciated...
The Nigerian naira further depreciated against the dollar on Wednesday, 13th December 2023, to close at N904.65/$1 at the official Nigeria Autonomous Foreign Exchange Market (NAFEM)...
Amid growing apprehension over cash scarcity in different parts of the country, the Central Bank of Nigeria (CBN) has reassured Nigerians that there are enough naira...
Following the massive gain of N234 recorded by the naira against the dollar on Monday, the Nigerian currency, Tuesday, December 12, 2023, slumped marginally against the...
The naira, Monday, December 11, 2023, rebounded from the record low of N1,099.05/$1 recorded on Friday, December 8, 2023, at the official Nigerian Autonomous Foreign Exchange...
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 possible reversal of the deterioration in Nigeria’s fiscal and external position as a result of the government’s reform effort has spurred global rating agency, Moody’s...
