Tag: Naira

On Monday, March 20, the Naira appreciated against the US dollar in the Peer-to-Peer (P2P), black market, and Investors and Exporters (I&E) windows of the foreign exchange (FX) window. The ...

Mr Abiodun Adebimpe, Head of Custody Services for RMB West Africa, has attributed an increase in demand for Dollar assets in West Africa to a slump in the region's currencies. ...

No fewer than 28.4 million Nigerians in 26 states and the Federal Capital Territory, including 18,000 Internally Displaced Persons, are projected to face severe crises between June and August this ...

On Friday, March 17, the Naira depreciated against the US dollar in the Peer-2-Peer (P2P) and black parallel market segments of the foreign exchange (FX) market, but closed stronger in ...

On Thursday, the Naira strengthened against the US dollar in the Peer-2-Peer (P2P), Investors and Exporters (I&E), and black market windows of the foreign exchange (forex) market. In the parallel ...

On Tuesday, March 14, the Naira fell against the US dollar in the various segments of the foreign exchange (forex) market . In the P2P segment, traders exchanged their local ...

On Saturday, March 11, the Naira strengthened further against the US dollar in the Peer-2-Peer (P2P) and parallel market arms of the foreign exchange (FX) market. The Nigerian currency gained ...

The cost of the naira, caused by the Central Bank of Nigeria's (CBN) naira redesign policy, has increased Nigerians' misery, with food prices rising sharply. Furthermore, the private sector has ...

On Wednesday, March 1, the Naira strengthened against the US dollar in the Peer-2-Peer (P2P), parallel market, and Investors and Exporters (I&E) segments of the foreign exchange market. The market ...

On Saturday, February 25th, 2023, the black market exchange rate between the naira and the US dollar increased to an average of N760/$1. This represents a 0.65% increase over the ...