The intraday high recorded was N1130/$1 as the naira fell against the U.S. dollar at the official but closed flat...
Read moreDetailsThe instability in the forex exchange market and the weakness of the naira pose a significant threat to Nigeria’s ambition...
Read moreDetailsCBN said it has made tranche payments to 31 banks to clear the backlog of foreign exchange forward obligations.
Read moreDetailsThe Nigerian naira stages a comeback to appreciate massively against the dollar on Friday, 24th November 2023, closing at a...
Read moreDetailsThe naira fell to a new low on Thursday, closing at N956.33 per dollar in the official market and N1165...
Read moreDetailsThe Naira maintained its stability in the crypto market despite the $4.3 million settlement with U.S authorities as it traded...
Read moreDetailsThe devaluation of the Naira in June 2023 caused quite a shock in the Nigerian business environment with many companies...
Read moreDetailsThe naira fell against the U.S. dollar at both the official and parallel market on Tuesday after the local currency...
Read moreDetailsThe structural issues facing the Nigerian economy have prevented the naira from benefiting from the US dollar's recent decline despite...
Read moreDetailsNigeria's fx market has been under pressure recently, leading to a depreciation of the naira and concerns about economic stability.
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