Exchange rate confusion, Quantum Computers, Renewed Hopelessness, Eurobond Junk.
Welcome to the very first episode of Drinks and Mics, where real talk meets chilled vibes. In this debut episode, ...
Tag: Exchange Rate
Will the 51% foreign capital importation decline in Q3 affect the Naira as the legal tender resumes decline?
This article explores the current state of the Nigeria currency; which is on a decline and the systems in place ...
Naira loses steam, drops against the dollar at parallel market as speculators show resistance
The naira crashed to N1640/$1 at the parallel market at the close of business on Monday, December 9, 2024, ending ...
Why The Naira Is Gaining Against The Dollar.
In this episode of Money Brief, Ugodre delves into the latest news on the Dollar dropping to 1500 Naira. He explains ...
Naira trades below N2,000 against the British Pound for the first time since July
The naira broke below the N2,000 barrier for the first time in five months amid ongoing reforms in Nigeria's currency ...
Naira appreciates to N1,640 from N1,730 at parallel market as supply outstrips demand on CBN EFEMS
The naira recorded a huge gain against the US dollar at the parallel market, hitting N1640/$1, at the close of ...
Naira muted in Black Market despite successful NGN Eurobond Issuance
The Nigerian currency was largely muted in the unofficial market on Wednesday, oscillating around N1,750/$ despite improved fundamentals in the ...
Naira gasps for breath on the black market, trading at N1,750/$
The Naira faced more headwinds in the unofficial market amid high demand for the dollar and a widening supply gap.
Nigeria targets record fiscal deficit of N13 trillion in 2025, blames new minimum wage, pensions others
The Federal Government of Nigeria has projected a fiscal deficit of N13.08 trillion in 2025, an increase from the estimated ...
Naira faces ‘acid test’ under Trump’s return to Presidency
The Nigerian currency is bracing for challenges as the U.S. dollar surges following Donald Trump’s return to the U.S. presidency.
