Naira and dollar

Naira Depreciates To N1,300/$1, Weakens By 17.49% In 5 Days

Naira Pauses Winning Streak After 6 Weeks, Maintains Above N1200/$1 In Unofficial Market

The Nigerian naira hit pause on its triumphant climb against the American dollar this week, maintaining a stronghold above the N1200/$ threshold in the unofficial market. After weeks of remarkable performance, the

Emmanuel Ochayi

2 weeks ago

Naira Slips To N1,421/$1 At Official Markets, Analysts Warn Of Lingering FX Instability

Business·Latest News·Markets

Naira Nears N1,000/$1 At Parallel Market As Traders Anticipate Further Gains

The Nigerian naira is on an upswing against the United States dollar, reaching N1,136/$ at the official market and N1,050/$ at the parallel market by the close of trading on Monday. Traders

Emmanuel Ochayi

3 weeks ago

Nigeria's Treasury Bills Surpass N6.6trn In 2023 Amid Economic Headwinds

Business·Latest News

Naira Gaining Momentum: Presidency Vows Continued Efforts Towards Stability

The Presidency, under President Bola Tinubu’s leadership, reiterated its commitment to stabilizing Nigeria’s economy, particularly focusing on the recent successes in stabilizing the naira. Led by Yemi Cardoso, the Central Bank of

Emmanuel Ochayi

4 weeks ago

Naira Rebound To N1,400, CBN Clearing Of FX Backlogs Not Yet Time For Celebration - Expert

Business·Latest News·Markets

Naira Appreciates To N1,278/$1 In Parallel Market As CBN Policies Pay Off

The Nigerian currency, Naira, has kicked off the month of April on a strong note, with a significant appreciation against the United States dollar. The latest data from FMDQ Securities indicates that

Emmanuel Ochayi

1 month ago

Business·Currency·Latest News·Markets

FX: Naira Depreciates To N1,610/$1 At Parallel Market

The Naira experienced a setback on Monday, slipping to N1,610 against the Dollar in the parallel section of the foreign exchange (FX) market. This marks a 0.63 percent decline from the N1,600/$

Emmanuel Ochayi

2 months ago

Naira Appreciates To N869/$1 As Experts Debate Stability

Business·Currency

Nigerian Naira Plummets To New Low, Hits N1,043.09/$ In Official Market

The Nigerian Naira plunged to a troubling low, closing at N1,043.09 against the dollar, marking a depreciation of 16.35% and signaling deep concerns for the country's economy just days before 2024.

Emmanuel Ochayi

4 months ago

Naira Depreciates By 0.78% In Official Market, Rises To ₦1,570 In Black Market

Business·Currency·Latest News

Naira Depreciates To N1,233/$ In Parallel Market, Registers Tepid Movement Across Forex Platforms

In the currency exchange market's dynamics, the Naira traded N1,233 against the US dollar at the parallel market on Monday, as affirmed by Bureau de Change (BDC) operators.

Emmanuel Ochayi

5 months ago

Business·Currency·Latest News

Naira Gains N17 In Official Exchange, Hits N960 In Black Market

In a notable turn of events on Monday, the Naira exhibited remarkable strength in the official exchange market while the United States Dollar (USD) soared in the Black Market The official exchange

Emmanuel Ochayi

8 months ago

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Naira Pauses Winning Streak After 6 Weeks, Maintains Above N1200/$1 In Unofficial Market

Naira Nears N1,000/$1 At Parallel Market As Traders Anticipate Further Gains

Naira Gaining Momentum: Presidency Vows Continued Efforts Towards Stability

Naira Appreciates To N1,278/$1 In Parallel Market As CBN Policies Pay Off

FX: Naira Depreciates To N1,610/$1 At Parallel Market

Nigerian Naira Plummets To New Low, Hits N1,043.09/$ In Official Market

Naira Depreciates To N1,233/$ In Parallel Market, Registers Tepid Movement Across Forex Platforms

Naira Gains N17 In Official Exchange, Hits N960 In Black Market

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