The Central Bank of Nigeria (CBN) liquidity push to commercial banks has failed to keep the demand pressure away as Naira falls to N515/$ in the...
The Naira to US Dollar exchange rate remained unchanged on Tuesday in both the parallel market and the Investors and Exporters (I&E) segments of the foreign...
The Naira remained stable against the US Dollar on Monday in all areas of the foreign exchange (forex) market. Data from FMDQ Securities Exchange showed the...
Street currency traders began the new week selling U.S dollars to their customers at N510 to a U.S dollar, check by Ripples Nigeria have shown. Last...
Black market speculators were again forced to count their losses as Naira appreciated against the U.S dollar to N506/$ Wednesday at the parallel market. Some of...
Nigerian banks on Monday sold the U.S dollars at N412 to Nigerians, check by Ripples Nigeria has shown. While on the street, currency traders price the...
Nigeria’s currency lost 2.18 percent of its value to the dollar this week on the parallel market known as the black market. Naira had begun the...
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...
It was mixed outing for the Naira on Thursday against the U.S dsollars, following two-day Sallah holiday. While the Naira gained to the dollars at official...
The Governor of Kano State, Abdullahi Ganduje, has made a dramatic U-Turn on a case involving him and a journalist, Ja’afar Ja’afar, who posted a video...
On Wednesday’s official market, the naira rose slightly versus the US dollar to close at N411.22/$1. Data posted on the FMDQ Security Exchange where forex is...
Despite the Central Bank of Nigeria (CBN) injecting at least $210 million into the foreign currency market last week, the Nigerian Naira closed in the red...
On Thursday, the Nigerian currency gained against the US Dollar in the foreign currency (FX) market’s Investors and Exporters (I&E) window. Data from FMDQ securities shows...
The Naira opened the first trading day of the week strong to the U.S dollar on Monday at the official foreign exchange market. Data published on...
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 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 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...
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...
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...
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...
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 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...
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...
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 $15.9 million in...
Nigeria’s naira remained unchanged against the U.S. dollar at the unofficial market and official markets on Monday. Naira again closed at N485 at the black market,...
Nigeria’s naira gained against the U.S. dollar at the unofficial market on Thursday. The data posted by Abokifx showed that the naira closed at N485.00 at...
The Naira appreciated slightly against the U.S. dollar at the I&E window of the foreign exchange market on Wednesday. The appreciation saw the local currency exchanged...
Nigerian Naira on Tuesday recorded a significant devaluation to the U.S dollar at the parallel exchange market. According to data from Abokifx, Naira closed at N486...
Naira started the week with a slight gain against the U.S. dollar at the investors and exporters window the official currency market. According to data posted...
Last week closed with Naira weaker against the U.S dollar at the Investors and Exporters (I&E) forex window, the official currency market. Naira closed on Friday...
On Wednesday, Nigerian currrency, Naira appreciated to the dollar by 0.12 percent closing at the Investors and Exporters (I&E) where forex is traded officially. According to...
The exchange rate between Naira and the US Dollar closed at N411/1$ 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...
Naira closed the week stronger to the dollar after four days of trading at the I&E window of the foreign exchange market. Naira had opened the...
Exchange rate of Nigeria’s currency, the Naira, on Thursday closed at N409.65k as against N411.00 it closed on Wednesday at the Investors and Exporters (I&E) forex...
Nigeria’s currency on Wednesday weakened further by 0.12 percent following strong demand at the Investors and Exporters (I&E) forex window. After trading on Wednesday naira/dollar exchange...
