Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM), the official platform for foreign exchange trading, revealed a significant appreciation of the domestic currency...
The naira, on Wednesday, reversed its depreciation trend, strengthening to N1,860 at the parallel section of the market. This represents an appreciation of N40 or 2.11...
The naira crossed the N1,800 mark at the parallel market, where forex is unofficially traded, with the exchange rate quoted at N1,825/$1, as against the N1,710...
The parallel section of the foreign exchange market recorded a new all-time low on Monday after the naira depreciated to N1,730 per dollar. The...
The naira depreciated at the parallel forex market where forex is sold unofficially, the exchange rate quoted at N1,600/$1 as against the N1,565/$1 it traded the previous...
The naira rebounded on Friday, February 9, 2024 to reverse the loss of the local currency on Thursday, February 8, 2024 as the domestic currency appreciated...
The naira, yoyo movement continued on Thursday, February 8, 2024 as the domestic currency depreciated to N1,479.47/$1, data from the Nigerian Autonomous Foreign Exchange Market (NAFEM)...
The naira, yesterday, February 7, 2024 recovered slightly to appreciate to ₦1418.78/$1 data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) window has shown. This represents...
Naira has fallen to a record low of N1,515 per dollar following strong demand on the parallel market, also known as the black market,...
The naira recovered slightly against the dollar on Wednesday, 31st January 2024 at the official market after it plunged to a record low of N1,482.57/$1 the previous trading...