Tag: Naira

The naira depreciated to its lowest level in three weeks on the official market on Wednesday, June 5, 2024, closing at N1,488.60/$1. As reported by the FMDQ Securities Exchange, this ...

Amidst Nigeria’s struggles to stabilise its exchange rate, the Naira has failed to make the list of Representative Exchange Rates for Selected Currencies for June 2024, published by the International ...

After experiencing substantial volatility, the naira closed at N1,485.99/$1 on Friday, May 31, 2024. This marks a slight decline of 0.08% from the previous day's close of N1,484.75/$1, the lowest ...

The exchange rate between the naira and the US dollar fell to N1,484.75 on Thursday, May 30, 2024, marking the second consecutive decline. This follows a brief appreciation period earlier ...

The naira has seen significant appreciation in the official market, driven by the Central Bank of Nigeria's (CBN) interventions and the anticipation of a $1.3 billion non-deliverable forward (NDF) maturing ...

The naira appreciated to 1,339.33/$ at the close of trading on the official window on Monday, gaining 9.68 per cent over Friday’s 1,482.81/$. According to FMDQ data, which houses the ...

On Monday, the naira experienced a significant appreciation against the dollar, closing at N1,339.33/$1 on the Nigerian Autonomous Foreign Exchange Market (NAFEM) window, marking a 10.71% gain. According to FMDQ ...

The naira has shown resilience in the unofficial market, appreciating against the dollar as the dollar index saw some losses due to profit-taking. On Friday, the naira was valued at ...

The price of Automotive Gas Oil, popularly called diesel, produced by the Dangote Petroleum Refinery has increased from N940/litre to N1,100/litre due to the crash of the naira against the ...

The naira and the dollar exchange rate in the official NAFEX Window appreciated N1,468.99/$1 on Monday, May 20, 2024. This marks a 1.93% increase from the N1,497/$1 rate recorded on ...