Exchange rate to hit N1.993/$ by 2028 — Fitch
Fitch Solutions, a financial intelligence service provider, predicts that the naira will fall to N1,993 per US dollar by 2028. ...
Friday, November 22, 2024
Tag: Exchange rate
Exchange Rate Hits N1,630/$1 on Online Platforms, Surpassing N1,600/$1 in Parallel Market
The naira is under intense pressure as parallel market operators are quoting a buy price above N1,600/$1 for those looking ...
Naira Exchange Rate Drops to 5-Week Low, Nears N1,500/$1
The naira-dollar exchange rate hit a six-week low on Monday, closing at N1,490.2/$1, just N10 short of N1,500/$1. This decline, ...
Exchange Rate Gains Now Constitute 20% of FAAC Allocation, Rising from 1.32% – Report
According to a recent report from Agora Policy, the exchange rate gain component of the monthly FAAC (Federal Account Allocation ...
Exchange Rate Gains Tied to $1.3 Billion Maturing NDFs, CBN’s Interventions
The naira has seen significant appreciation in the official market, driven by the Central Bank of Nigeria's (CBN) interventions and ...
Official Exchange Rate Depreciates to N1,533.99, Worst in May
The official exchange rate between the naira and the dollar in the NAFEM Window dropped significantly to N1,533.99/$1 on Thursday, ...
Naira Falls to 1520.4/$1 in Official Market, Depreciates by 11% in 7 Days
The exchange rate between the Naira and the dollar on the official NAFEM window dropped to N1,520.4/$1 on Tuesday, May ...
Exchange Rate Falls to N1,419/$1 in Official Market, Lowest Since March
The exchange rate between the naira and the dollar plunged to N1,419/$1 in the Nigerian Autonomous Foreign Exchange Market (NAFEM), ...
Official Exchange Rate Falls 17.4% in 5 Days, Hits Month-to-Date Low of N1300/$1
Nigeria's official exchange rate dropped to a month-to-date low of N1,300/$1 on Tuesday, April 23, 2024, according to data from ...
Fluctuating exchange rate affecting container traffic – CPPE
The Centre for the Promotion of Private Enterprise has said that the fluctuating exchange rate has adversely affected container traffic, ...
