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Home Tags Posts tagged with "NAFEM"

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NAFEM

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Naira depreciates to N1,105/$ in parallel market
by Tolulope Akinruli April 18, 2024
April 18, 2024
Yesterday, the Naira dropped to N1,105 per dollar on the parallel market, down from N1,100 on Tuesday. However, …
Market
Naira Starts at N1,560.57/$1 in Official Market
by Harry Choms March 20, 2024
March 20, 2024
The Nigerian Autonomous Foreign Exchange Market (NAFEM) showcased a remarkable surge on Tuesday, concluding the trading day at …
Business News News
NAFEM: Dollar supply rises by 180% as banks sell $440m
by Ikenna Ngere February 5, 2024
February 5, 2024
Dollar supply in the official foreign exchange market rose by 180.59 percent to $440.13m on Friday. This is …
Market
Naira Records Intraday High of N1249/$1, Marginally Gains to Close at N888.35/$1 in Official Market
by Harry Choms December 19, 2023
December 19, 2023
On December 18, 2023, the Naira experienced an intraday high, reaching N1249/$1, showcasing a marginal gain against the …
Market
Naira Hits New All-Time Low at N996/$1 in Official NAFEM Market
by Harry Choms November 10, 2023
November 10, 2023
In a surprising turn of events, the Nigerian naira has reached a new all-time low, closing at N996.75 …

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