The Naira has emerged as the best-performing currency in April, poised to strengthen even further, according to analysis by Goldman Sachs. Goldman Sachs economists have highlighted...
The Nigerian naira witnessed a surge against the dollar on Monday, appreciating to N1,120 per dollar in the parallel section of the foreign exchange (FX) market....
In a positive turn, the Nigerian Naira demonstrated resilience on Friday as it appreciated to N1,245 per dollar in the parallel market, marking a slight improvement...
Trans-border traders in the West African market region have begun shunning the Nigerian currency, the Naira, amidst its recent depreciation, opting instead for alternatives such as...
Amidst a decline in foreign exchange turnover transactions, the Nigerian naira continues its upward trajectory against the US dollar, marking a significant appreciation in recent days....
On Wednesday, the Nigerian naira experienced a surge, reaching N1,240 per dollar at the parallel segment of the foreign exchange (FX) market. This marks a notable...
Naira notes have become the visual representation of market trading trends, as the Nigerian currency surged against the dollar at the official market. According to...
The Nigerian naira strengthened to N1,250 per dollar in the parallel segment of the foreign exchange (FX) market on Monday. This surge represents a 0.43 percent...
The Central Bank of Nigeria (CBN) and other banking institutions have injected $2.5 billion into the foreign exchange market, resulting in a strengthening of the naira...
Speculators who anticipated a further decline of the naira against the dollar are facing significant losses as the Nigerian currency strengthens, fueled by interventions from the...