Market Fundamentals show despite the $2.2 billion facility from the African Import Export Bank (AFREXIMBANK), the naira is still under pressure due to the...
The Federal Government on Saturday promised to implement macroeconomic reforms to stabilise the foreign exchange market. The Minister of Information and National Orientation,...
Naira has recorded a marginal drop at the official market to N1,461.90 per dollar on the first trading day in the month of...
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...
The freefall of the naira continued on Tuesday January 30, 2024 as the domestic currency depreciated to a record low of N1,482.5/$1 at the official Nigerian Autonomous...
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...
