The exchange rate fell to a fresh low of N1,460 per dollar at the parallel market on Tuesday morning with traders expecting further weakness...
The naira, on Monday, closed at N1,348.63/$1 at the Nigerian Autonomous Foreign Exchange Market (NAFEX), known as the official window. This is the highest closing...
The Nigerian naira fell further against the dollar on Thursday, January 25th, 2024, data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) window where...
Naira on Thursday fell to a record low of N1,410 per dollar following strong demand on the parallel market, also known as the black market. This...
The Naira gained against the dollar on Tuesday, 23rd January 2024 at the official market, data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) window has...
The Nigerian naira further declined against the dollar on Monday, January 22nd, 2024, in both the official and black markets. The domestic currency depreciated...
The naira depreciated at the parallel forex market where forex is sold unofficially, the exchange rate quoted at N1340/$1 as against the N1325/$1it closed the previous...
The depreciation of the Nigerian currency, the naira continued on Wednesday, January 17, 2024 as it slumped further to N931,23/$1, data from the...
Market analysts have attributed the recent decline in the value of the naira against the dollar at both the official and parallel markets to...
The federal government is contemplating tapping into domestic dollar savings to improve liquidity in the foreign exchange market to stabilise the naira through liquidity....