Browsing: Naira
The naira declined following a period of gains in the Nigerian foreign exchange market (NFEM), attributed to a heightened demand for US dollar transactions at the official exchange rate on Thursday.
Naira Weakens Against US Dollar, Spot Rate Settles at N1,366 The naira weakened against the US dollar at the official…
Naira Gains Against U.S. Dollar, Spot Rate Prints at N1,358 The naira sustained its rally against the US dollar on…
Naira Climbs to N1372, Spot Rate Touches N1360 Briefly The Nigerian local currency, the naira, appreciated against the US dollar…
Naira Falls to N1,390 Per Dollar as FX Payments Increase The naira fell against the US dollar at the official…
Naira Gains Market-Wide Amidst Global Dollar Selloffs The naira continued to gain ground across both exchange channels on Wednesday, edging…
The naira recorded its largest daily gain since the beginning of the year at the Nigerian foreign exchange market on Tuesday, as US dollar supply eclipsed demand for foreign payments.
Naira Touches N1,400 per Dollar in Nigerian Currency Market The naira appreciated sharply against the US dollar at the official…
The Nigerian naira traded at N1,418 per dollar at the Nigerian Foreign Exchange Market (NAFEM) window on Monday in the absence of foreign payments pressures.
The naira skidded against the US dollar at the official window as FX payments weighed on liquidity balance in Nigeria’s forex market, amidst growing external reserves.