Naira ends turbulent May at N1,485.99/$1 on official market
After two days of substantial depreciation in a week characterized by significant volatility in the foreign exchange market, the naira ...
After two days of substantial depreciation in a week characterized by significant volatility in the foreign exchange market, the naira ...
The Naira steeply appreciated against the US Dollar, with the spot exchange rate ($/N) decreasing by 22.45% ($/N279.38) to close ...
Nigeria’s foreign exchange market has seen the turnover on the Nigerian Autonomous Foreign Exchange Market (NAFEM) window surge by an ...
The Naira has lost its four-day winning streak, depreciating by 1.55% to close at 1485.66/$1 on the official market on ...
The Nigerian Naira displayed a marginal appreciation against the US dollar on the official market, despite a significant decline in ...
The naira has continued its recovery against the US dollar at the parallel market as it appreciated to N1280/$1 on ...
This is the weakest it has been since April 8, when the official rate closed at N1,230.61/$1, suggesting downward pressure ...
Spot FX market turnover in January 2024 was $4.37 billion (N4.03 trillion), representing a Month-on-month (MoM) decrease of 40.46% ($2.97 ...
The FMDQ where forex is traded officially has implemented a +/-5% band around the previous day NAFEX while also caping ...
The dollar remained under pressure on Wednesday after retreating from a nearly three-month high against major currencies, yet the naira ...