The official exchange rate between the naira and the dollar in the NAFEM Window dropped significantly to N1,533.99/$1 on Thursday, May 16, 2024. This represents a sharp 4.89% decline from ...
The exchange rate between the Naira and the dollar on the official NAFEM window dropped to N1,520.4/$1 on Tuesday, May 14, 2024. This marks a 2.78% depreciation from the previous ...
The Economic and Financial Crimes Commission has read the Riot Act to foreign missions based in Nigeria, banning them from transacting in foreign currencies, and mandating the use of Naira ...
The Nigerian currency has breached the N1,450 mark against the US dollar on the black market, indicating evolving dynamics in Nigeria’s fragile foreign exchange (FX) market. Market fundamentals suggest that ...
The naira on Wednesday slightly depreciated at the official market, trading at N1,421.06 to the dollar. Data from the official trading platform of the FMDQ Exchange, a platform that oversees ...
Operatives from the Economic and Financial Crimes Commission on Tuesday reportedly arrested some h Bureau De Change operators at the popular Wuse Zone 4 market on Tuesday. This came as ...
The naira traded at a loss at the official market, depreciating to N1,402 against the United States dollar on Thursday. According to data from the FMDQ exchange securities, the naira ...
Dollar supply in the official foreign exchange market reached a substantial sum of $7.3bn in the months of March and April, findings by The PUNCH have shown. This is as the naira ...
The exchange rate between the naira and the dollar plunged to N1,419/$1 in the Nigerian Autonomous Foreign Exchange Market (NAFEM), marking a disappointing start to the week. This depreciation marks ...
The Central Bank of Nigeria (CBN) has increased the exchange rate for paying Customs duties at the nation’s seaports by 11.1 percent in response to the devaluation of the naira ...
Copyright © 2025
