Tag: naira

The gradual recovery of Nigeria’s currency, the naira, in the last few weeks has been accredited to more investment in ...

The value of the naira took a turn for the north, as it appreciated by 12 percent by the end ...

Parallel market operators are quoting a buy price of N1400/$1 for holders of dollars looking to sell marking a significant ...

The Nigerian Autonomous Foreign Exchange (NAFEM), saw a notable appreciation on Tuesday, with the closing rate standing at N1560.57 to $1. ...

Nigeria’s foreign exchange (FX) market began on a positive note on Monday as the naira appreciated to N1,572.86 per dollar ...

The Naira closed at N1,602.17/$1, a 0.22% improvement from N1,605.74/$1 on the prior day.  However, the Naira lost some ground ...

The official exchange rate of the naira against the dollar ended its three-day winning streak, falling by 4.26% to N1602.43 ...

The exchange rate between the naira and the dollar strengthened for the third consecutive day, closing at N1,534.9/$1 on the ...

The naira appreciated against the dollar to 1,582/$ at the close of trading activities at the official market on Monday. ...

In recent times, the idea of a strong currency has been often associated with the United States dollar, with many ...

The Nigerian government is planning to raise $10bn to improve liquidity in the foreign exchange (forex) market. On Tuesday, the ...

The value of the naira closed stronger at the close of trading on the Nigeria Autonomous Foreign Exchange market (NAFEM) ...

The Nigerian Naira on Wednesday experienced a significant depreciation, reaching a record low of N1,830 per dollar in the parallel ...

Afolabi Oriyomi, an expert in the financial services industry and the research head, research head, Young Professionals and Emerging Leaders ...

Dollar sales by Deposit Money Banks (DMBs) and other entities at the Nigeria Autonomous Foreign Exchange Market plunged by $252m ...