Tag: NAIRA
Naira depreciates 0.3% against dollar
The Naira on Wednesday slightly depreciated at the official market, trading at N1,421.06 to the dollar.
Data from the official trading platform of the FMDQ...
Naira appreciates to N1,100/$ in parallel market
The naira rose further on Monday in the parallel section of the foreign exchange (FX) market.
At the Lagos street market, currency traders, also known...
Naira best-performing currency in April, to exchange below N1,000 per Dollar...
Goldman Sachs says the continued surge of the Naira against the Dollar has made it the best-performing currency this month (April).
A report by Goldman...
Naira gains, exchanges at N1,262 against dollar
The naira gained further at the official market, trading at N1,262.85 to a dollar on Wednesday, April 3, 2024.
Data from the official trading platform...
Naira appreciates to N1,382/US$
The naira has continued to gain steady appreciation against the United States dollar.
It gained N18 to close 1,382/$ at the official market on Thursday.
The...
IMF Forecast: Naira may experience 35% depreciation in 2024 amid output...
●Calls for aggressive monetary tightening, fiscal adjustment
●Predicts fiscal deficit to widen above 6% of GDP amid rise in fuel subsidy, inflation to peak at...
Naira plummets to N2,000/1£ at parallel market
Nigeria’s currency is exchanging above 2,000 naira against the Great Britain's Pound at the parallel market.
A Bureau de Change operator at Wuse Zone 4,...
Just in: Naira strenghtens to N1,380/$ after CBN orders banks to...
The Naira appreciated on Thursday morning, exchanging for N1,380 to $1 on the parallel market after it fell to over N1,500 on Tuesday and...
Naira falls to all-time Low On official windows, trades 1348/$
The naira fell to an all-time low of N1348.63/$ on the Nigerian Autonomous Foreign Exchange Market on Monday.
This signifies a 51.21 per cent fall...
Naira falls to a new low against the dollar
Naira recorded a significant decrease on Tuesday, January 9th, 2024, closing at N1,089.51 per dollar in the official market.
This represents a 27.19% drop from...
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