Naira Dips Further as Exchange Rate Hits N1,479.47/$1 at Official Market
The Nigerian Naira faced further devaluation against the US Dollar, both officially and on the parallel market, amidst sustained demand ...
Sunday, December 22, 2024
Tag: Dollars
Naira Faces Persistent Dollar Pressure Despite Improved FX Liquidity
The naira remains under pressure against the dollar, hovering near its all-time low, despite improved liquidity. Market fundamentals reveal that ...
Naira Weakens Further, Hits N900.96 Against Dollar
The Nigerian Naira faced a further decline against the US Dollar on January 25, 2024, in both the official and ...
Nigeria Dollar Bonds Experience Prolonged Decline Following Dangote Raid
Nigeria's dollar bonds maturing in 2025 have faced a continuous seven-day decline, marking their longest losing streak since September. Bloomberg ...
Naira Breaks Below N1000/$ Officially but Faces U.S Inflation Data and Interest Rate Decision
The Naira kicked off the week on a robust note, experiencing significant appreciation against the US dollar at the official ...
Naira Hits Record-Low at N1,099.05/$, Sparking Concerns Ahead of Christmas
The Nigerian Naira plummeted to an unprecedented low, closing at N1,099.05 per dollar in the official market. This marks a ...
Naira in Freefall: NAFEM Closing Rate Plummets by 11.39% to Hit N927.19/$
On Friday, the Nigerian Naira experienced a drastic decline, closing at N927.19 per dollar in the official market and reaching ...
Intraday High Reaches N1,121 as Naira Depreciates Against the Dollar in the Official Market
The Naira faced a decline against the U.S. dollar in both the official and parallel markets on Tuesday, following a ...
Naira Rebounds, Surges to N791.75/$1 at Official Market
In a significant turn of events on Friday, November 17, 2023, the Nigerian naira showcased substantial appreciation against the dollar, ...
Naira Makes Significant Gain, Rises to N780/$1 at the Official Market
The Nigerian naira experienced a substantial appreciation against the dollar, reaching a new monthly high of N780.14/$1 at the official ...
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