The Nigerian naira extended its depreciation on Monday, November 11, 2024, across both the official and parallel foreign exchange makets, deepening concerns about economic stability. Data...
The naira struggled to maintain its position against the dollar, hovering around the N1,600 mark in the official foreign exchange market over the past...
The naira weakened against the dollar on Friday at the official foreign exchange market, closing at N1,579.89 per dollar, down from N1,564.48 on Tuesday—a...
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...
