The Nigerian naira experienced a depreciation, reaching N1,465 against the US dollar in the parallel market on Wednesday. This marks a decline from the N1,445 per...
The official Nigeria Autonomous Foreign Exchange Market witnessed a surge in foreign exchange transactions, reaching a staggering $584 million, as reported by data from the...
MThe naira exhibited a positive trend at the official forex window on Monday, gaining 1.09% to close at 1,419.86/$. This rebound follows reassurances from the Central...
The Nigerian naira exhibited strength in the official section of the foreign exchange market on Friday, marking a 1.84 percent appreciation. Closing at N1,435 per dollar,...
Deposit Money Banks (DMBs) in Nigeria engaged in a frenzied sell-off of excess foreign exchange holdings ahead of the Central Bank of Nigeria’s (CBN) midnight deadline...
The Nigerian Naira has plummeted to an unprecedented low, reaching N1,515 per dollar on the black market. This alarming drop of 1.32%, or N20.00, from its...
The Naira’s woes deepened on Tuesday, witnessing a staggering 42% crash against the US dollar within a mere two days in the foreign exchange market. FMDQ...
The Nigerian naira plunged to an unprecedented low of N1348.63 against the US dollar on the Nigerian Autonomous Foreign Exchange Market on Monday. This reflects a...
The Nigerian Naira experienced a significant depreciation against the US dollar on Thursday, according to data from the Financial Markets Dealers’ Quotations (FMDQ). The Naira...
In a continued slide, the Nigerian naira experienced a significant drop on Tuesday, reaching N1,365 against the US dollar in the parallel market. This marks a...