The Nigerian currency, the naira has remained relentless in its current pummeling of the American dollar at the official foreign exchange market on Friday, January 31,...
For the second consecutive day, the naira appreciated against the dollar at the official foreign exchange market on Wednesday, January 29, 2025. FMDQ data showed that...
In an apparent reaction to the official launch of the FX code by the Central Bank of Nigeria, the Nigerian currency, the naira, appreciated massively against...
The Nigerian currency, the naira, appreciated against the dollar at the official window on Friday, January 24, 2025, to close the week positively. FMDQ data showed...
The Nigerian currency, the naira, recovered marginally against the dollar at both the official window and parallel market on Wednesday, January 22, 2025. FMDQ data showed...
The Nigerian currency, the naira, continued to react negatively to the assumption of office of Donald Trump as the 47th President of the United States by...
The Nigerian currency, the naira, for the second day running appreciated marginally against the dollar at the official window on Friday, January 17, 2025. FMDQ data...
The Nigerian currency, the naira, in apparent reaction to the soaring inflation figures slumped marginally against the dollar at the official window on Wednesday, January 15,...
The Nigerian currency, the naira, slumped against the dollar at the official window on the last trading day of the week on Friday, January 10, 2025....
For the third consecutive day, the Nigerian currency, the naira, slumped against the dollar at the official window on Wednesday, January 8, 2025. FMDQ data showed...
The Nigerian currency, the naira, slumped marginally in the second trading day of the week on Tuesday, January 7, 2025 against the dollar at the official...
The Nigerian currency, the naira, slumped in the first trading day of the week on Monday, January 6, 2025 against the dollar at the official window....
The Nigerian currency, the naira, began the New Year on a positive note appreciating against the dollar on the official window in the first trading day...
The Nigerian currency, the naira, slumped slightly against the dollar on Monday, December 30, 2024, a few hours before the new year. According to data from...
As Nigerians join the rest of the world to celebrate this year’s Christmas, it was a mixed result for the naira against the dollar on Tuesday,...
Ahead of the festive season, the naira appreciated against the American dollar at both the official and parallel foreign exchange markets on Monday, December 23, 2024....
The naira slumped against the American dollar at both the official and parallel foreign exchange markets on Friday, December 20, 2024. According to data from FMDQ,...
The Central Bank of Nigeria (CBN) has granted eligible Bureau De Change (BDC) operators in the country temporary access to the Nigerian Autonomous Foreign Exchange Market...
The naira recovered against the American dollar at the official foreign exchange market on Thursday, December 19, 2024. According to data from FMDQ, the naira appreciated...
The naira slumped marginally against the American dollar at the official foreign exchange market on Wednesday, December 18, 2024. According to data from FMDQ, the naira...
President Bola Tinubu has set an ambitious target of stabilizing Nigeria’s exchange rate at N1,500 to the dollar as part of his administration’s economic objectives for...
The naira appreciated against the dollar at the official market to kick off the week on a good note. According to data from the FMDQ, the...
The naira rebounded against the dollar in both the official and parallel foreign exchange markets on Thursday, December 12, 2024. According to data from FMDQ, it...
The naira slumped against the dollar at both official and parallel foreign exchange markets, the second since this week commenced. This is coming on the heels...
After a week of strong showing by the naira last week, the Nigerian currency slumped marginally against the dollar at both the official and parallel foreign...
The naira made a strong recovery against the dollar at both the official and parallel foreign exchange windows on Friday, December 6, 2024. According to official...
The naira slumped slightly against the dollar at the official foreign exchange window on Wednesday, November 27, 2024. According to data from the Nigerian Autonomous Foreign...
The naira recovered against the dollar at the official foreign exchange window on Tuesday, November 26, 2024, in defiance of the interest rate hike announced by...
The naira closed the week with an appreciation against the dollar at the official foreign exchange window on Friday, November 22, 2024. According to data from...
The naira slumped further against the dollar at the official foreign exchange window on Friday. According to data from the Nigerian Autonomous Foreign Exchange Market (NAFEM),...
The naira slumped against the dollar at the official foreign exchange window on Thursday, November 14, 2024. According to data from the Nigerian Autonomous Foreign Exchange...
The naira made a strong recovery against the dollar at the official foreign exchange window on Wednesday, November 13, 2024. According to data from the Nigerian...
The naira continued to depreciate against the dollar at both the official and parallel foreign exchange channels on Monday, November 11, 2024. According to data from...
The Naira appreciated its value against the American dollar at the official foreign exchange market on Tuesday, November 5, 2024. The local currency traded at N1,671.32/$1...
The Naira appreciated its value against the American dollar at the official foreign exchange market on Friday, November 1, 2024. The local currency traded at N1,666.72/$1...
The Federal Government has issued a nine-month ultimatum to individuals keeping dollars outside the banking system. If brought in now, the Nigerian government assured that there...
The Naira depreciated marginally against the American dollar at the official foreign exchange market on Wednesday, October 30, 2024. The local currency traded at N1,631.17/$1 at...
The Naira reversed days of its depreciation against the American dollar at the official foreign exchange market on Thursday, October 24, 2024. The local currency traded...
The Naira continued its depreciation against the American dollar at the official foreign exchange market on Wednesday, October 23, 2024. The local currency traded at N1,654.09/$1...
The Naira continued its depreciation against the American dollar at the official foreign exchange market on Tuesday, October 22, 2024. The local currency traded at N1,653.02/$1...
The Naira started the week with a N2.38 depreciation against the dollar at the official foreign exchange market on Monday, October 21, 2024. The local currency...
The Naira lost further ground against the dollar at the official foreign exchange market on Tuesday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed...
The Naira recovered against the Dollar at the official foreign exchange market on Tuesday, October 8, 2024. The local currency traded at N1561.76/$1 at the official...
The naira began the week on a low by losing N21 against the American dollar at the official window on Monday, September 23, 2024. The local...
The naira shed a marginal N5 against the American dollar at the official window on Thursday, September 19, 2024. The local currency traded at N1,544/$1 at...
The naira closed the week on a high note against the American dollar at the official window on Friday, September 13, 2024. The local currency traded...
The naira slumped further against the American dollar at the official window on Wednesday, September 4, 2024. The local currency traded at N1,625/$1 at the official...
The naira slumped against the American dollar on Friday, August 30, 2024. The local currency traded at N1,598/$1 at the official window according to data from...
The Nigerian currency, the naira, closed flat against the American dollar on Monday, August 19, 2024 to begin the week without a gain nor loss. The...
The naira slumped against the American dollar on Tuesday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the domestic currency shed N12 to...