Black market exchange rate moderates to N746/$1 on 21st January 2023
On Saturday, 21st January 2023, the black market exchange rate between the naira and the US dollar increased slightly by ...
Sunday, November 17, 2024
Tag: Naira
Nigerian Naira Firms Against Dollar at Spot Market
The Nigerian Naira gained 25 Kobo, or 0.05 percent, against the US Dollar in the Investors and Exporters (I&E) window ...
Nigerian Currency Sells N461.50/$1 at I&E, N743/$1 at Black Market
The Nigerian currency gained against the US dollar in the Investors and Exporters (I&E) segment of the foreign exchange (FX) ...
28.6% Surge in FX Transactions Weakens Naira at Official Market
The Naira strengthened against the US dollar in the Peer-2-Peer (P2P) segment of the foreign exchange (FX) market on Wednesday, ...
Naira Relatively Stable as Appetite for Cryptos Surges
As traders continued to be concerned about the ecosystem's volatility, the Naira was comparatively stable against the US dollar on ...
NSPM explains why new naira notes leave ink on a white surface when rubbed
The Nigerian Security Printing and Minting (NSPM) Plc, which produces Nigeria's currency, has explained why the new Naira notes leave ...
Why is the outlook for a stronger naira against the dollar bleak in 2023?
In 2022, the naira's value against the US dollar reached historic lows, particularly in the black market. The naira continued ...
Naira Weakens at P2P, I&E, Black Market
On Wednesday, January 4, the Naira fell against the US Dollar in the black market, Peer-2-Peer (P2P), and Investors and ...
Naira Loses at P2P, Black Market, Gains at Spot Market
On Tuesday's first working day of the year, the Naira fell against the US dollar in the Peer-to-Peer (P2P) segment ...
Improved FX Inflow Strengthens Naira Value to N735/$1 at Parallel Market
On Tuesday, January 3, 2023, the Naira strengthened in the parallel market due to increased foreign currencies' inflows into the ...
