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 ...
Tag: Exchange Rate
Seplat Energy Plc sets Naira exchange rate at N1,309.88/$ for 2023 dividend
Seplat Energy Plc declares N1.309.88/$1 as applicable currency exchange rate for 2023 dividend payout
Naira trades at April low as U.S dollar near six month high
The Nigerian naira traded near its April low, while the dollar index approached a six-month high as the anticipation of ...
Naira picks up 10% gain as EFCC fights speculators
The new rate represents a 10% increase when compared to N1,400 to a dollar it traded at the close of ...
Foreign portfolio inflow into Nigeria’s Stock Market (NGX) soars in Q1 2024
Foreign portfolio inflows into Nigeria's Stock Market (NGX) reached N93.37 billion in the first quarter of 2024, marking a 415% ...
Official exchange rate falls 17.4% in 5 days, hit month to date low of N1300/$1
The exchange rate has now weakened by 17.5% in a matter of 5 days as concerns mount over the central ...
Why dollar is battering euro, Japanese yen and Chinese yuan
A force that the global financial markets were not prepared for in 2024 is already affecting them: The dollar is ...
Naira posts first weekly decline in 6 weeks at the unofficial market
The naira remained above the N1200/$ band in the unofficial market, causing the Nigerian currency to pause its winning streak ...
Customs reduces exchange rate for import duties payment by N91.1
The Nigeria Customs Service (NCS) has reduced the exchange rate for import duties collection from N1238.1 to the dollar to ...
Naira opens shop below N1000 against dollar at some segments of black market
The naira strengthened against major currencies on Monday the greenback saw an increased safe-haven demand, in the wake of an ...
