Market

The naira showed resilience against the US dollar, strengthening below the N1,500/$ threshold amid anticipation of the US Federal Reserve's interest rate decision and inflation data. Market dynamics revealed that...

The naira displayed moderate stability as foreign exchange (FX) turnover on the Nigerian Autonomous Foreign Exchange Market (NAFEM) window surged 138.67%. On Tuesday, June 11, 2024, the naira closed at...

At the end of the trading week, the Naira witnessed significant losses against the US dollar as investors ramped up their demand for the greenback. In the black market, the...

The naira depreciated to its lowest level in three weeks on the official market on Wednesday, June 5, 2024, closing at N1,488.60/$1. As reported by the FMDQ Securities Exchange, this...

The Nigerian Exchange on Monday lost N102bn, underpinned by losses in First Bank of Nigeria Holdings, Seplat Energy and Transcorp. The All-Share Index declined and market capitalisation by 0.18 per...

After experiencing substantial volatility, the naira closed at N1,485.99/$1 on Friday, May 31, 2024. This marks a slight decline of 0.08% from the previous day's close of N1,484.75/$1, the lowest...

The exchange rate between the naira and the US dollar fell to N1,484.75 on Thursday, May 30, 2024, marking the second consecutive decline. This follows a brief appreciation period earlier...

On Monday, the naira experienced a significant appreciation against the dollar, closing at N1,339.33/$1 on the Nigerian Autonomous Foreign Exchange Market (NAFEM) window, marking a 10.71% gain. According to FMDQ...

The naira and the dollar exchange rate in the official NAFEX Window appreciated N1,468.99/$1 on Monday, May 20, 2024. This marks a 1.93% increase from the N1,497/$1 rate recorded on...

Eight manufacturers, including Dangote, BUA and Lafarge saw their foreign exchange-related losses rise to N627.7bn in the first quarter of the year, according to findings by The PUNCH. This is...