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/$1. This decline, ...
Sunday, December 22, 2024
Tag: Naira rate
Naira Maintains N1500/$ Bandwidth at Black Market
The Nigerian naira has held steady within the N1500 range against the US dollar at the parallel market, while the ...
Naira Shows Stability as FX Turnover Surges by 138.67%
The naira displayed moderate stability as foreign exchange (FX) turnover on the Nigerian Autonomous Foreign Exchange Market (NAFEM) window surged ...
Naira Nears N1500/$ Threshold as Dollar Index Surges by 80 Basis Points
At the end of the trading week, the Naira witnessed significant losses against the US dollar as investors ramped up ...
Naira Hits Three-Week Low at N1,488.60/$1 on Official Market
The naira depreciated to its lowest level in three weeks on the official market on Wednesday, June 5, 2024, closing ...
Naira Ends Turbulent May at N1,485.99/$1 on Official Market
After experiencing substantial volatility, the naira closed at N1,485.99/$1 on Friday, May 31, 2024. This marks a slight decline of ...
Naira Appreciates to N1,339.33/$1 on Official Market, Best in Two Months
On Monday, the naira experienced a significant appreciation against the dollar, closing at N1,339.33/$1 on the Nigerian Autonomous Foreign Exchange ...
Naira Approaches N1500/$ Mark Again
The Nigerian currency has breached the N1,450 mark against the US dollar on the black market, indicating evolving dynamics in ...
Naira stays above N1,600/$1 as traders await another “circular” Friday
The Naira holds steady above N1,600 against the US Dollar, offering a glimmer of relief to traders amidst lingering uncertainties. ...
Naira Gains Ground, Sells For 1,400/$ At Black Market
The Naira showed resilience, gaining ground and trading at 1,400 Naira per dollar on the black market despite low compliance ...
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