Browsing: Naira

Firm Forecasts Gentle Naira Depreciation in 2025 The naira has continued to court Broadstreet analysts’ attention as the local currency…

Traders Raise Bets on Nigerian Bonds Ahead of Inflation, Auction Investors in the fixed income market raised bets on Nigerian…

Naira Rises to N1500, Exchange Rates Gap Collapsed to N50 The naira rose against the US dollar across foreign exchange…

Naira Skids for 5-Day over US Dollar Shortage in FX Market The naira depreciates for five straight trading session in…

Equities investors saw more than N305 billion gain as Ticker: ACADEMY, CADBURY, and ETERNA among othes rallied on Friday due to improved investors’ appetite. The Nigerian Exchange (NGX) closed the week on a positive note, as key performance indicators climbed by 0.48% on Friday.

FG Approves Concession of Taraba Agro-Allied Airport The Federal Executive Council (FEC) has approved the concession of the Kashimbila Integrated…

Yield Shrinks as Investors Go After New Treasury Bills The average yield on Nigerian Treasury bills shrank by 57 basis…

The Nigerian naira exchange rate dropped to N1,500 per U.S. dollar at the official currency market on Thursday, marking the fourth successive price depreciation due to FX liquidity shortfall.

FX Spread Declines over Naira’s Positive Performance FX market: The spread or gap in exchange rates declined further as the…

Naira Slides, Data Shows FX Inflows Reach $871mn The naira slid against the US dollar in the foreign exchange (FX)…