On Monday, Nigeria’s currency, the Naira, sustained its upward trajectory against the US Dollar in the foreign exchange market. As per FMDQ’s official data, the Naira...
The Presidency has issued a warning to Nigerians hoarding foreign currencies, urging them to cease such actions. The government has hinted at upcoming policies that...
NAFEM witnessed the Naira-Dollar exchange rate reaching its lowest point ever on the official forex market. This represents a massive 20.5% depreciation marking the...
The International Monetary Fund has acknowledged the current pressure on the naira, stating that Nigeria is free to explore a loan from the Fund to...
On Thursday, the naira strengthened to N997 per dollar in the parallel market, up from N1,000 on Wednesday. Conversely, it experienced a depreciation in...
In the parallel market on Thursday, the Naira’s value slipped to N1005 per dollar from N995 on Tuesday. Simultaneously, in the Investors and Exporters...
The Nigerian naira experienced a significant depreciation, falling to N990 per dollar on the parallel market, compared to the previous day’s rate of N950 per...
On Thursday, the Naira experienced a 3.32 percent depreciation, trading at N762.71 per dollar. This decline in value was attributed to reduced liquidity in...
The Nigerian naira saw a 0.42% decrease in value compared to the US dollar, moving from N772.12 to N775.34 on Tuesday. The open indicative...
Nigeria’s currency, the Naira, experienced a decline to N900 against the Dollar in the parallel market on Wednesday. Ahmed Gazali, a Bureau De Change...