Naira trades within narrow range as FX turnover surges by 138.67%
The naira exhibited signs of moderate stability as foreign exchange (FX) turnover surged by 138.67% on the Nigerian Autonomous Foreign ...
Tag: NAFEM Window
Naira hits three-week low at N1,488.60/$1 on official market
The naira depreciated to its lowest level in three weeks on the official market on Wednesday, June 5, 2024.
Naira stays flat at N1,476.95/$1 on official market as FX turnover nearly doubles
The naira has shown some form of stability against the US dollar on the NAFEM window, closing at N1,476.95/$1 on ...
Naira ends turbulent May at N1,485.99/$1 on official market
After two days of substantial depreciation in a week characterized by significant volatility in the foreign exchange market, the naira ...
Naira drops to N1,402.67 in latest official market trading
In the opening trading session of May at the NAFEM window, the Naira experienced a slight decline, settling at N1,402.67 ...
Exchange rate falls to N1,419/$1 in official market, worst since March
The Nigerian Naira saw a notable increase in value against the US dollar in the parallel market, reaching N1,350. This ...
ABCON asks CBN to bar non-oil export domiciliary account holders from accessing FX from official window
The Association of Bureau De Change Operators of Nigeria (ABCON) has requested that the Central Bank of Nigeria (CBN) prevent ...
Customs exchange rate for import duties falls below official market rate
The Nigeria Customs exchange rate for import duties and cargo clearance has dropped below the official market of N1251/$
Naira posts 4th weekly gains but faces high resistance at key support level
Naira appreciated for the 4th consecutive week to settle at N1,245 per against the dollar amid amplified confidence in the ...
Naira falls to N869/$1 against dollar at NAFEM but gains at parallel market
Naira crashed against the dollar on Tuesday, falling to 869.91/$1 at the official market representing a 6.99% decline in the ...
