The Naira closed strong in the parallel market but weakened further in the official foreign exchange (FX) market as seasonal demand continued to affect the currency...
The Naira depreciated at the Nigerian Autonomous Foreign Exchange Market (NAFEM) and the parallel market on Monday, signifying more worries for the local currency. At the...
The Naira rose 3.6 percent on the US Dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEX) to exchange at N1,600.78/$1 on Friday, October 18 as...
The Naira fell to N1,659 per Dollar on Wednesday in the official foreign exchange market, the Nigerian Autonomous Foreign Exchange Market (NAFEX). The local currency fell...
The World Bank has ranked Nigerian Naira as among the worst-performing currencies in sub-Sahara Africa in 2024. The World Bank, in its latest edition of Africa’s...
The Naira weakened to N1,658.97 per Dollar on Tuesday, October 15 at the Nigerian Autonomous Foreign Exchange Market (NAFEX) as the local currency fell by N106.05...
The Naira appreciated in the Nigerian Autonomous Foreign Exchange Market (NAFEM) as the local currency appreciated by 5.4 per cent and sold against the US Dollar...
The Naira closed the week weaker against the US Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEX) on Friday, October 11 to N1,641.27/$1, as the...
The Naira exchange rate improved slightly in the official forex market as the Central Bank of Nigeria (CBN) failed to resume the retail Dutch auctions again....
The Naira strengthened on the US Dollar at the black market but went the other route in the official market on Wednesday, October 9. The local...