The Nigerian naira witnessed a historic decline to an unprecedented low of N1,534.39 per dollar on Monday, accompanied …
Naira
Nigeria’s official market saw the Naira close the week at N1,469.97/$1 amidst persistent demand pressure, marking a strengthening …
International Money Transfer Operators and banks in the country have halted the payment of dollars to their customers. …
The Nigerian Naira faced further devaluation against the US Dollar, both officially and on the parallel market, amidst …
The value of foreign exchange transactions recorded on the official Nigeria Autonomous Foreign Exchange Market has risen to …
- Market
Exchange Rate Closes at N1,419.86/$1 at Official Market as CBN Plans ‘FCY Gateway Bank’
by Harry ChomsOn Monday, February 5, 2024, the Naira saw gains against the dollar both at the official and black …
Governor Yemi Cardoso of the Central Bank of Nigeria (CBN) recently acknowledged the undervaluation of the naira and …
The naira remains under pressure against the dollar, hovering near its all-time low, despite improved liquidity. Market fundamentals …
The Naira demonstrated resilience against the dollar on February 3, 2024, closing at N1,435.53/$1 at the official market, …
The Naira showed resilience, gaining ground and trading at 1,400 Naira per dollar on the black market despite …