Naira fell again on strong holiday demand and continued its depreciation against the US dollar at the official market due to strong demand by importers and...
After two consecutive days of losses, Nigerian currency closed flat against the US Dollar at the Investors and Exporters (I&E) segment of the foreign exchange (forex)...
The Central Bank of Nigeria’s battle to keep Naira strong saw Nigeria’s foreign reserves fall by $604.1 million in November. Despite the huge depletion of Nigeria’s...
Naira has lost pace against the US dollar at the parallel market, falling to as low as N560/$1 from N545/$1 that it had maintained in almost...
For the fourth straight session, the Naira ended trading unchanged against the US Dollar at the official foreign exchange market. According to data from FMDQ securities,...
Naira strengthened against the US dollar last week to a 2-month high of N535/$1 at the black market, thereby reducing the gap between the parallel...
Nigerian currency has recorded the biggest rise in value at the black market on Wednesday as demand for dollars dropped significantly. Black market traders confirmed that...
The value of Nigerian currency fell to the U.S dollar after Monday trading activities at the Investors and Exporters (I&E) segment of the foreign exchange (forex)...
Naira fell against the US dollar to close at N415.07/$1, representing a 0.02% depreciation compared to N414.98/$1 recorded at the close of trading activities on Monday....
Nigeria’s local currency begins the month of November at a rate of N415.10 to a US dollar amid a low trading activity in the previous session....