The Nigerian Naira faced a depreciation against the US Dollar in the black market, with the exchange rate averaging N748/$1 on Wednesday, May 17th, 2023. This...
The Nigerian Naira suffered a sharp reversal in fortunes on Wednesday, falling at both the official and black-market exchanges after Wednesday’s gain. At the...
The Naira continued its poor performance in the Investors and Exporters (I&E) window of the foreign exchange (FX) market on Tuesday, March 28. Data from FMDQ...
The Naira suffered losses against the United States Dollar in the parallel market and the Peer-to-Peer (P2P) windows of the foreign exchange (forex) market on Wednesday....
The Naira depreciated against the United States Dollar at the Investors and Exporters (I&E) segment of the foreign exchange (FX) market at the last trading session....
By Dakuku Peterside Nigerians are facing the reality of scarcity of cash literarily. Banks are overwhelmed by angry customers demanding money, the ATMs are flooded with...
The Naira continued its good run against the US dollar at the official market on Thursday. Data from FMDQ securities where naira is officially traded showed...