Browsing: Exchange Rate
Naira Extends Gaining Streak, Official Rate Climbs to N1,354 The Nigerian local currency, the naira, saw a market-wide rally on…
The naira strengthened by about 3.6% against the U.S. dollar at the foreign exchange market in January 2025
Exchange Rates Gap Crashes as NFEM Rate Closed at N1601/$ The naira exchange rate gap collapsed as the local currency…
Naira Lost N20.82 after Two Months Gaining Streaks The naira declined against the US dollar by N20.82 after two months…
Exchange Rate: FX Traders Price US Dollar at 1485 Naira The naira was priced at 1485 to the US dollar…
Naira Plummets as FX Demand, Supply Remains Imbalance The naira plummeted in the foreign exchange market on Wednesday as demand…
The naira suffered losses against the US dollar despite the fact that the Central Bank of Nigeria (CBN) intervened twice this week.
Naira Depreciates after CBN Releases Update on FX Trading Rules The naira depreciated against the US dollar in the foreign…
The naira exchange rate has crossed to the other side, trading at N1675 per US dollar in the official FX market as the liquidity crisis deepened.
Amidst sustained FX volatility, FSDH analysts have projected that the exchange rate would settle at N1,560 per US dollar