The naira continued its slump against the American dollar for the sixth consecutive day on Thursday April 24, 2024 at the official window as the domestic...
Amid a depleting foreign exchange FX reserve, the Central Bank of Nigeria has announced the resumption of sales of dollars to Bureau De Change operators (BDCs)....
The naira began the week on a losing note to make it the third consecutive day of depreciation against the American dollar on Monday April 22,...
The naira slumped for the second consecutive day against the American dollar on Friday April 19, 2024 at the official window as the domestic currency traded...
The naira recovered from its one-day slump after weeks of steady gain against the American dollar on Wednesday April 17, 2024 at the official window as...
The naira reversed its steady gain against the American dollar on Tuesday April 16, 2024 at the official window as the domestic currency traded at N1,148/$1,...
The naira inched closer to the N1,000/$1 mark at the official window as the domestic currency traded at N1,142/$1, data from the Nigerian Autonomous Foreign Exchange...
The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has warned schools, supermarkets, hotels, and others in the country against charging for services...
Following the resumption of sales of dollars to Bureau De Change (BDCs) operators in a bid to defend the domestic currency against the dollar, Nigeria’s foreign...
The Nigerian domestic currency, the naira closed the week on a positive note against the American dollar at the official window for the fourth consecutive trading...
The Naira traded for N1,251.05 to a dollar at the official market on Friday. Data from the official trading platform of the FMDQ Exchange, a platform...
The Nigerian domestic currency, the naira has continued its recovery against the American dollar at the official window for the third consecutive trading day in April...
The Naira ended at N1, 262.85 to a dollar at the official market on Wednesday. Data from the official trading platform of the FMDQ revealed that...
The naira has continued its recovery against the dollar at the official window to trade at ₦1278.58/$1 on the first official trading day in April 2024...
The Naira exchanged for N1, 309.39 to a dollar at the official market on Thursday. Data from the official trading platform of the FMDQ revealed that...
The Naira appreciated against the dollar by 5.97 percent at the official market on Wednesday. Data from the FMDQ trading platform revealed that Naira appreciated by...
For the ninth consecutive day, the Nigerian currency, the Naira continues to post strong performances against the US dollar at the official window to trade at...
The Nigerian currency, the naira continued its appreciation at the official market on Thursday, March 21, 2024 to close at ₦1,453.28/$1, data from the Nigerian Autonomous...
The Nigerian naira appreciated further at the official market on Tuesday, March 19, 2024 to close at N1,560.57/$1, data from the Nigerian Autonomous Foreign Exchange Market...
The Nigerian naira appreciated slightly at the official market to close at N1,597.34/$1, data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) has shown. This represents...
The Nigerian currency, the naira, Friday March 15, 2024 appreciated further against the American dollar to tumble to N1,602.75|$1, data from the Nigerian Autonomous Foreign Exchange...
The Nigerian currency, the naira, Thursday March 14, 2024 appreciated against the American dollar to tumble to N1,608.98/$1, data from the Nigerian Autonomous Foreign Exchange Market...
The Nigerian currency, the naira, Wednesday March 13, 2024 reversed days of appreciation against the American dollar to tumble to N1,615.94|$1, data from the Nigerian Autonomous...
The Nigerian currency, the naira, slumped again on Friday, March 8, 2024 as the domestic currency appreciated to ₦1, 627.40/$1 data from the Nigerian Autonomous Foreign...
The Nigerian currency, the naira, recovered slightly on Thursday, March 7, 2024 as the domestic currency appreciated to N1,602.17/$1 data from the Nigerian Autonomous Foreign Exchange...
The naira continued its recovery on the first trading day of the week on March 4, 2024 to trade at N1,534.19/$1 data from the Nigerian Autonomous Foreign...
The naira continued its recovery on the first day of March 2024 to trade at N1,595.25/$1 data from the Nigerian Autonomous Foreign Exchange Market, NAFEM (Official...
The naira continued its recovery on the last day of February 2024 to trade at N1,595.11/$1 data from the Nigerian Autonomous Foreign Exchange Market, NAFEM (Official...
In a dramatic showing, the naira traded at a lower exchange rate at the parallel (black market window than the official window on Wednesday, February 28,...
The naira reversed the gains recorded on the first trading of the week on Monday, February 26, 2024 on Tuesday, February 27, 2024 as the local...
In a development that belies the much-vaunted US-Nigeria economic relationship, fresh data from the National Bureau of Statistics has shown that capital importation from Joe Biden’s...
The naira recovered on the first trading of the week on Monday, February 26, 2024 as the local currency appreciated to ₦1582.94/$1 data from the Nigerian...
The naira, Monday, February 19, 2024 continued its slump as the local currency slumped to N1,598.54/$1 data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) window...
The Naira continued its yoyo movement to close the week on a losing note; it declined against the US Dollar in the official market, data from...
After a day of recovery, the Nigerian currency, the naira, depreciated on Wednesday, February 14, 2024 to N1,503.38/$1, data from the Nigerian Autonomous Foreign Exchange Market...
The Nigerian currency, the naira, appreciated slightly on Tuesday, February 13, 2024 to close at N1499.07/$1 data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) window...
The Naira depreciated to a record low of N1,534.39/$1 at the official Nigerian Autonomous Foreign Exchange Market (NAFEM) window on Monday, February 12, 2024. This is...
Nigeria may be heading for a challenging time ahead in 2024 and 2025 if the latest reports by the International Monetary Fund (IMF) is anything to...
The naira rebounded on Friday, February 9, 2024 to reverse the loss of the local currency on Thursday, February 8, 2024 as the domestic currency appreciated...
The naira, yoyo movement continued on Thursday, February 8, 2024 as the domestic currency depreciated to ₦1,479.47/$1, data from the Nigerian Autonomous Foreign Exchange Market (NAFEM)...
The naira, yesterday, February 7, 2024 recovered slightly to appreciate to ₦1418.78/$1 data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) window has shown. This represents...
The naira continued its recovery against the dollar on Monday, 5th February 2024 at the official Nigerian Autonomous Foreign Exchange Market (NAFEM) window. The domestic currency...
The naira recovered as it appreciated slightly against the dollar on Friday, February 2, 2024. The domestic currency closed at N1,435.53/$1 as against the N1,461.90/$1on the last...
The Association of Bureau De Change Operators of Nigeria (ABCON) has shot down rumors making the rounds that it has ordered the shutting down of operations...
The freefall of the naira continued on Tuesday January 30, 2024 as the domestic currency depreciated to a record low of N1,482.5/$1 at the official Nigerian Autonomous...
The Nigerian naira recovered against the dollar on Friday, January 26th, 2024, according to data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) window where the...
The Nigerian naira fell further against the dollar on Thursday, January 25th, 2024, data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) window where the forex...
The Nigerian naira tumbled against the dollar marginally on Wednesday, January 24th, 2024, in the official window, data from the Nigerian Autonomous Foreign Exchange Market (NAFEM)...
The Naira gained against the dollar on Tuesday, 23rd January 2024 at the official market, data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) window has...
The Nigerian naira further declined against the dollar on Monday, January 22nd, 2024, in both the official and black markets data from the Nigerian Autonomous Foreign...
