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Naira Diverges, FX Gap Moderates to Single Digit

The naira rallied marginally on Thursday as the volume of the US dollar at the Nigeria autonomous foreign exchange

Naira Diverges as Cheaper Unofficial Rate Spurs Demand

The Nigerian naira reclaimed further value at the autonomous foreign exchange market at the beginning of the week

Naira Skids as FX Market Sees 4% Decline in USD Supply

The naira exchange rate depreciated by 1.80% to close at N890.54 per US dollar at the Nigeria Autonomous Foreign...

FX Gap Spikes as USD Scarcity ‘Insults’ Naira Devaluation

The gap between exchange rates at the investors' and exporters' foreign exchange window and the parallel market

Naira Gains 4.4% over Strong Non-Bank Corporates Inflow

After significant downward pricing, the Nigerian naira saw a sharp appreciation on Monday against the dominant USD

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