Market

The Nigerian naira witnessed a continued decline against the U.S. dollar on Monday, January 22nd, 2024, both in the official and unofficial markets. In official trading on NAFEM, the naira...

On Friday, January 19th, 2024, forex turnover experienced a 17.36% decline to $145.89 million as the Nigerian naira witnessed a marginal depreciation against the dollar in both the official and...

On January 17th, 2024, the Nigerian naira continued its decline against the U.S. dollar, both in the official and parallel markets. At the official market, based on data from the...

On January 16th, 2024, forex turnover experienced a substantial surge, reaching $147.81 million, marking a 460.52% increase compared to the previous day. The Nigerian naira faced depreciation against the U.S....

After hitting a record low on January 10, 2024, the Naira demonstrated a remarkable recovery against the dollar at the official market on January 11, 2024. The domestic currency appreciated...

On January 9th, 2024, the Nigerian Naira experienced a significant decline, closing at N1,089.51 per dollar in the official market. This represents a notable depreciation of 27.19% compared to the...

On January 5, 2024, the Nigerian Naira experienced further gains against the US dollar in the official market, marking the second appreciation in the New Year. The official exchange rate...

On January 3rd, 2024, the Nigerian Naira faced a substantial setback, concluding at N1,035.12 per dollar in the official market. This marks a significant depreciation of 4.72% compared to the...

The Nigerian stock market commenced trading in 2024 on a positive note, with the NGX All-Share Index advancing by 1.63% and closing at 75,990.88 basis points. This marked an improvement...

The Nigerian naira experienced a challenging start to the New Year, depreciating by 8.97% against the US dollar on the first trading day of 2024. Despite a $2.25 billion injection...