Market

The naira experienced a sharp decline against the U.S. dollar at both the official and parallel markets, marking a reversal from the temporary gain observed last week. At the official...

As audited accounts begin to emerge, companies will propose dividend payments to their shareholders, following recommendations by their respective boards of directors. It's essential to keep track of these dividend...

On Tuesday, the official exchange rate between the naira and the dollar dropped to 869.91/$1, signifying a loss of N60.89 or a 6.99% decline in the local currency compared to...

In a recent financial development, the Nigerian naira experienced a depreciation against the US dollar on November 6, 2023, culminating in an official market closure at N809.02/$1. This marks a...

In a surprising turn of events, the Nigerian naira has experienced a remarkable rally against the US dollar, sending shockwaves across various markets. This rally represents a significant setback for...

The Nigerian naira has demonstrated notable strength against the U.S. dollar on November 1, 2023, by closing at N786.02 per US dollar at the official market. This marks a significant...

The Nigerian naira has once again shown resilience by surpassing a critical resistance level on the black market, reaching a rate of N1,170 against the US dollar. However, this achievement...

The Nigerian naira has shown resilience in the foreign exchange market, strengthening to N815 per US dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEM). This development comes just 24...

A significant decline in cargo imports, amounting to 65 percent, has been attributed to the ongoing instability of the naira against the dollar during the third and fourth quarters of...

The Chair of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has disclosed that the federal government aims to achieve a dollar exchange rate of N750 per...