The naira continued its recovery against the US dollar on Tuesday, gaining N6 to trade at N1,601/$1 in the Nigerian Autonomous Foreign Exchange Market (NAFEM), compared...
The naira traded at N1,620 on Thursday, extending its depreciation streak to five days at the parallel section of the foreign exchange (FX) market. The local...
The Nigeria Customs Service (NCS) has set its exchange rate for duties collection at N1584/$, surpassing the official closing rate of N1581/$ on the NAFEM window...
Parallel market operators are quoting a buy price above N1,600/$1 for holders of naira looking to buy dollars, as the local currency faces rising...
The naira fell for a fifth day against the greenback despite the CBN’s assistance, hitting its lowest level since March amid high demand for...
In a concerning development for Nigeria’s currency markets, the Nigerian Naira has surpassed the N2,000 mark against the British Pound, reflecting deepening economic challenges...
In the bustling city of Lagos, Nigeria, the news of the Naira’s plummet to N1,523 against the US dollar reverberated through the crowded streets...
