Goldman Sachs Group Inc. strategists, led by Kamakshya Trivedi, predict a potential dimming outlook for the dollar in 2024. Despite the greenback’s current strength, up approximately...
The Nigerian naira’s exchange rate to the US dollar has remained a cause for concern as the exchange rate hovered around N1000/$1. Earlier this week, Investors...
As of September 8th, 2023, the dollar to naira exchange rate is 1 USD to 927 NGN at the black market. This means that for every...
As of September 6th, 2023, the dollar to naira exchange rate is 1 USD to 925 NGN at the black market. This means that for every...
The Naira took a significant hit on Thursday as it declined by 3.32 percent to N762.71 per dollar on a weaker-than-expected liquidity level at the official foreign...
The greenback is surging toward a three-month high, leaving traders contemplating the possibility of enduring high-interest rates. This surge comes just ahead of Federal Reserve Chair...
As of August 23rd, 2023, the dollar to naira exchange rate is 1 USD to 900 NGN at the black market. This means that for every...
The Naira continued its bullish trend against the US Dollar on Thursday on the parallel segment of the foreign exchange (FX) market following the reverberations of...
Over 40% of deposits in Nigerian banks are now in United States (US) dollars, according to a report by the International Monetary Fund (IMF). The report...
The U.S. dollar has been bouncing off a one-year low against a basket of currencies, following the release of data showing retail sales fell in March....