Nigerian currency recorded a slight gain on Monday against the United States Dollar at the Nigerian Autonomous Foreign Exchange Rate Fixing (NAFEX) segment of the foreign...
The value of Naira will open the new month against the U.S dollar at N415.10 amid a low trading activity in the previous session. Data obtained...
Nigerian currency continued its devaluation to the U.S dollar on Thursday at the Investors and Exporters (I&E) segment of the foreign exchange (FX) market. Data obtained...
The Nigerian currency regained its lost value after a plunge on Tuesday at the Investors and Exporters Window. Data obtained from FMDQ showed Naira appreciated by...
The value of Nigeria currency dropped in Value on Tuesday after closing three previous sessions at a stable rate with the U.S dollar. Data from FMDQ...
The Naira remained unchanged against the United States Dollar after Monday trading activities at the Investors and Exporters (I&E) window. Data obtained from FMDQ securities showed...
The Naira to Dollar exchange rate at the Investors and Exporters (I&E) segment of the foreign exchange (FX) market in Nigeria remained at the N415 band....
Following three days of gains, the Nigerian currency fell against the US dollar in the official market on Thursday. Data obtained from FMDQ securities showed Nigerian...
Naira sustained its gain against the U.S dollar at the official market on Monday, stretching the currency’s appreciation momentum to three business days. According to data...
Following an all-time low last week, the Naira gained for the second day in a row against the US dollar at the official market on Monday....
The naira is off to a strong start this week after reversing losses to the US dollar on the last trading day of last week. Data...
The value of Nigerian currency fell further to a new record low to the US dollar at the official market, as the country’s currency market continues...
The value of Nigerian currency fell significantly against the U.S. dollar at the official market on Wednesday setting a new record. Data from FMDQ shows at...
The Naira gained a pittance against the US dollar at the official market on Tuesday, after falling on Monday. According to data from the FMDQ securities...
Naira started the new trading week on a negative note against the United States Dollar at the official market. Data from FMDQ showed at the Nigerian...
Despite accusing black-market operators of exchange rate manipulation, the Central Bank of Nigeria (CBN) has been displaying the incorrect Naira to the dollar exchange rate on...
For three consecutive days the value of Naira depreciated further to the U.S dollar as Nigerians continue to wait for the impact of the Central Bank...
The value of Naira suffered another loss to the U.S dollar on Tuesday, making two consecutive trading days of losses since the independence day celebration. According...
Naira fell slightly against the U.S. dollar at the official market on Monday, amid 22.89 percent decline in foreign exchange supply. Data from FMDQ securities exchange...
The Nigerian currency is starting the week strong after recording an impressive gain to the U.S dollars before the independence celebration break. According to data from...
Just when it looked like the Nigerian currency was reclaiming some momentum against the US dollar, on Wednesday, it reversed direction for another bad day. Data...
Nigerian currency continued its recovery at the official foreign exchange market as it closed stronger against the dollar for yet another session on Tuesday. Data from...
The naira gained slightly against the US dollar in the official market on Monday after recording two consecutive losses. According to figures from the FMDQ securities...
The value of the Nigerian currency is opening the week at an all-time low at the official market against the U.S dollar. Data from the FMDQ...
The value of Nigerian naira returned to where it started the week after two days of gaining against the US dollar at the official market. According...
Former President of Chartered Institute of Bankers of Nigeria (CIBN), Segun Ajibola, said N500 is enough for a Nigerian to feed, as he defends the naira...
The Naira maintained its strong performance against the US dollar in the official market on Wednesday, making it two days in a row of positive trade....
The Director-General of the Progressives Governors’ Forum, Dr. Salihu Lukman, on Wednesday, decried the poor state of Naira. In a paper titled: “Nigeria’s Debt and Struggle...
The Nigerian currency bounced back at the official market against the United States dollars despite a significant increase in the demand for foreign currencies. Data obtained...
The official market value of the naira dropped on Monday, the first trade day after the Central Bank of Nigeria vowed to halt the activity of...
Nigerian currency is starting the week on a good note at the official market just as the Central Bank of Nigeria (CBN) intensifies effort to reduce...
Nigerian currency sustained its free fall at the unofficial segment of the foreign exchange (FX) market on Thursday. This came as Nigerians feared the prices of...
[responsivevoice_button voice=”UK English Female” buttontext=”Listen to Post”] The Nigerian currency continues its free fall against the US dollar on the black market, as it exchanged at...
After hitting a 48-year low against the US dollar in the black market on Monday, Nigerian currency has started a new journey to another unwanted record....
The value of the Nigerian currency fell further at the black market on Monday, as traders who pay a premium to obtain foreign currencies from independent...
The Naira began the week at N545 per dollar at the black market, a 3.1 percent depreciation from last Monday’s opening rate. The naira had opened...
Black market traders appear to have struck gold in recent days, taking advantage of the low liquidity on the foreign currency market as well as Nigerians...
On Wednesday, the Naira fell further on the parallel side of the foreign exchange (FX) market, as mounting pressure devalued the local currency by N3. Naira...
At the official Investors and Exporters window, the Naira gained 0.11 percent versus the US dollar on Tuesday, closing at N410.67/$1 compared to N411.13/$1 it closed...
More Nigerians flocked to the black market on Monday, allowing speculators to further weaken the Naira against foreign currencies. Nigerians see the black market as a...
After the latest trading session on Friday, the difference between the official and black market exchange rates for Naira to U.S dollars hit N118.50. This means...
After consecutive devaluation, the Naira posted a gain against the US dollar at both the official and unofficial market windows of the forex market on Tuesday....
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 Nigerian currency again traded weaker against the U.S dollars at the unregulated segment of the foreign exchange (forex) as currency dealers continued to take advantage...
On Wednesday Naira weakened significantly against the U.S. dollar at the official market, but remained stable at the black market window. Data posted by FMDQ, where...
Nigerians who chose to use the black market on Tuesday due to easy access to foreign currency were forced to pay more than they did on...
The Naira again traded weaker against the US Dollar on Monday, losing 16 kobo or 0.04 per cent at the Investors and Exporters (I&E) window, the...
Nigeria’s currency is starting the new week weaker to the dollars, pounds and Euro at the unregulated exchange market, but hope of recovery is on the...
Following the news of plans to trade dollars online, the naira gained its highest against the dollar in the official market in almost a month. According...
The Central Bank of Nigeria (CBN) and the bankers committee have announced plans to digitalize the sale of foreign exchange, which will greatly simplify the cumbersome...
