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...
The Association of Bureaux De Change Operators of Nigeria (ABCON) has called on the federal government to halt binance operations in the country. ABCON...
Nigeria’s currency, the Naira, experienced a depreciation against the Dollar as it exchanged at N777.82 at the Investors’ and Exporters’ window. This marks a...