The naira’s recent upward trend in the parallel section of the foreign exchange (FX) market came to a halt on Wednesday. From May 17 to May...
The naira saw a notable gain at the official market on Tuesday, appreciating by N3.31 to trade at N1,465.68 to the dollar. Data from the FMDQ...
The Nigerian naira saw significant gains against the US dollar on Monday, both in the parallel and official foreign exchange (FX) markets. In the parallel market,...
In a notable setback, Nigeria’s naira weakened by 5.1% on Thursday, closing at N1,533.99 to the dollar, its lowest level since March 20. This decline follows...
The Naira has resumed its downward trajectory against the dollar in the foreign exchange market. According to FMDQ data, the Naira fell sharply to N1533.99 per...
In a dynamic day for currency markets, the Nigerian naira experienced contrasting fortunes, appreciating at the official window while simultaneously depreciating on the parallel market. At...
In a bid to curb the plummeting value of the Nigerian naira against the US dollar, operatives from the Economic and Financial Crimes Commission (EFCC) executed...
The Naira has taken a dip, now standing at N1,520 per dollar in the parallel market. According to recent data from FMDQ, the indicative exchange rate...
The downward spiral of the Naira continued on Monday, witnessing a further decline in the parallel market to 1,515 against the dollar, marking a 2.97 percent...
The Nigerian naira experienced a significant depreciation over the weekend, reaching N1,510 against the US dollar on the parallel market and 1,466.31 at the official market....