The naira further depreciated against the dollar on Monday as challenges in Nigeria’s foreign exchange market persist. According to data from the FMDQ, the naira weakened...
Nigeria’s naira extended its losing streak to a fifth consecutive day as it slipped to its weakest level since March despite the Central Bank of Nigeria’s...
The Nigerian naira recorded a gain of 0.66% on the parallel market, often referred to as the black market, following the commencement of a new foreign...
The Nigerian naira faced a downturn on Wednesday against the US dollar as the local shed 1.47 percent at the black market to N1,500 per dollar....
The black market, also known as the parallel market or Aboki fx, US dollar to Nigerian Naira exchange rate as of May 15th, 2024 stood at...
Numerous factors impact and influence forex trading. Many have to do with macro and microeconomic factors, but politics also plays a significant role, too. It can...
The Nigerian Naira appreciated to N1,136 against the United States Dollar at the official market and rose to N1,050 at the parallel market. At the official...
The Nigerian Naira has surged to an eight-month high of 1,120 against the US dollar on the parallel market, commonly referred to as the black market....
The Nigerian Naira has kicked off April on a bullish note as the local currency appreciated to N1,278.58 per dollar from N1,309.39 recorded just last week...
The Nigerian Naira appreciated against the US dollar throughout March 2024, a substantial milestone in the country’s exchange rate policy. Official figures indicate that the Naira...