Naira stays flat at N1,476.95/$1 on official market as FX turnover nearly doubles
The naira has shown some form of stability against the US dollar on the NAFEM window, closing at N1,476.95/$1 on ...
Tag: Dollar
FX turnover crashes by 42.92% on first trading day in June
The Nigerian official foreign exchange (FX) market witnessed a significant downturn in turnover, crashing by 42.92% on Monday, June 3, ...
Naira drops 5.6% against dollar in May in official market
The Nigerian currency ended the month weaker, despite a monthly decline in the dollar index.
Naira holds N1500/$ line amid EFCC clampdown on street trading
The naira held its ground on the unofficial market, appreciating against the dollar on the parallel market as the dollar ...
Naira breaks key resistance amid improved dollar supply, weak inflation readings
The naira clawed back some of its losses against the dollar amid prospects for rate cuts in the world's largest ...
Naira at 7th week low with U.S inflation data insight
The dollar consolidated against major peers on Monday as market participants while the naira oscillated near its March 20 lows ...
Naira within N1500/$ mark once again
The Nigerian currency breached the N1,450 mark against the greenback on the black market amid evolving market dynamics in Nigeria's ...
Naira weakens further to N1,410/$1 in parallel trading amid aggravated demand
The Nigerian Naira weakened further to N1,410/$ in the unofficial market on Friday afternoon as traders saw an aggravated demand ...
Naira drops to N1,402.67 in latest official market trading
In the opening trading session of May at the NAFEM window, the Naira experienced a slight decline, settling at N1,402.67 ...
Bonny light trades at $85 a barrel but dip in production stalls advantage
Nigeria’s Brass River, Bonny Light, and Qua Iboe are trading above $85 a barrel, a dollar higher than the active ...
