The Nigerian naira has once again shown resilience by surpassing a critical resistance level on the black market, reaching a rate of N1,170 against the US dollar. However, this achievement ...
The Nigerian naira has shown resilience in the foreign exchange market, strengthening to N815 per US dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEM). This development comes just 24 ...
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has assured Nigerians that the ongoing plan by the Federal Government to introduce new foreign exchange ...
A significant decline in cargo imports, amounting to 65 percent, has been attributed to the ongoing instability of the naira against the dollar during the third and fourth quarters of ...
The Chair of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has disclosed that the federal government aims to achieve a dollar exchange rate of N750 per ...
In a surprising turn of events, the Nigerian Naira made significant gains against the US Dollar, trading at an impressive N1113/$ in the P2P market. This sudden surge in the ...
The naira yesterday appreciated to N1,300 per dollar in the parallel market from N1,305 per dollar on Wednesday. However , the naira depreciated in the Nigerian Foreign Exchange Market (NAFEM) ...
The Nigerian naira has taken a significant hit in its ongoing decline, reaching a concerning low of N1,210 against the U.S. dollar in the parallel market. This drastic depreciation, as ...
The exchange rate between the Nigerian Naira and the US Dollar experienced one of its most challenging weeks in recent history, both on the official NAFEM (Nigerian Autonomous Foreign Exchange ...
On October 19th, 2023, the exchange rate between the Nigerian Naira and the US Dollar witnessed a historic low, reaching N999/$1 during intraday trading. This data was sourced from the ...
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