Naira Hits Record Low, Plummets to N1043.09/$1 in Official Market
In a concerning development, the Naira experienced a significant depreciation, reaching an unprecedented low of N1,043.09 against the US dollar ...
Saturday, December 28, 2024
Tag: Naira
Naira Faces Bleak Outlook: Worst Performance Since 1999, Warns Bloomberg
In a disconcerting revelation, the Naira is grappling with a dubious distinction as one of the globe's worst-performing currencies this ...
Forex Turnover Hits $127.93 Million as Naira Strengthens to N872.59/$1 in Official Market
On the first trading day after the Christmas holiday, the Nigerian Naira gained against the dollar, appreciating by 1.52% to ...
Naira Trades at N1233/$ in Black Market Amidst U.S. Dollar Index at 5-Month Low
Despite the U.S. dollar index hovering at a five-month low, the Naira remains entrenched at N1233/$ in the black market. ...
Naira weakens to 1,233/dollar at parallel market
The naira exchanged to the dollar at 1,233/$ on Monday at the parallel market, according to Bureau de Change operators. ...
Naira Strengthens Against Dollar, Closing at N844.85/$1 in Official Market
On Tuesday, December 19, 2023, the Nigerian naira demonstrated further strength against the US dollar, closing at N844.85/$1 at the ...
Naira Records Intraday High of N1249/$1, Marginally Gains to Close at N888.35/$1 in Official Market
On December 18, 2023, the Naira experienced an intraday high, reaching N1249/$1, showcasing a marginal gain against the US dollar. ...
Forex traders defy inflation as Naira appreciates to N889.86/$1 at the official market
The naira gained ground against the US dollar in both the official and parallel markets. This is despite the fact ...
Inflation rate rises to 28.20% as Nigerians enter yuletide season
The overall inflation rate in November 2023 increased to 28.20%, exceeding the October 2023 rate of 27.33%. This represents a ...
Naira falls to N1260/$ in parallel market
The naira depreciated yesterday to N1,260 per dollar in the parallel market from N1,220 per dollar on Tuesday. Similarly, the ...
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