Trade and investment experts have urged the federal government to prioritize maintaining stability in the foreign exchange market …
Naira
- Market
Official Exchange Rate Falls 17.4% in 5 Days, Hits Month-to-Date Low of N1300/$1
by Harry ChomsNigeria’s official exchange rate dropped to a month-to-date low of N1,300/$1 on Tuesday, April 23, 2024, according to …
- Business NewsMarketNews
Naira tumbles to N1,234/$ at official market, speculators resume hoarding
by Ikenna NgereThe naira depreciated in its value against the United States dollar to N1,234 at the official foreign exchange …
- Business News
CBN Initiates Sale of Fresh Dollars to BDCs at N1,021/$ as Naira Faces Pressure
by Harry ChomsThe Central Bank of Nigeria (CBN) has proactively addressed currency fluctuations and met essential foreign exchange demands by …
Yemi Cardoso, the Central Bank Governor, proudly announced that the Naira has secured the title of the best-performing …
Yesterday, the Naira strengthened to N1,060 per dollar on the parallel market, up from N1,105 per dollar on …
At the ongoing Global Trade Review West Africa, experts delved into the reasons behind the absence of price …
The naira has continued its resurgence against the United States dollar, appreciating N1,136/$ at the official market and …
- Market
Naira Inches Closer to Sub-N1,000/$1 as Official Exchange Rate Closes at N1,142/$1
by Harry ChomsThe official exchange rate between the Naira and the Dollar witnessed a notable increase of 7.7% on Friday, …
As indicated by Goldman Sachs Group Inc., Nigeria’s naira is positioned to continue its upward trajectory, emerging as …