Tag
EXCHANGE RATE
The Nigerian naira showed significant stability in the first week of February 2025, trading below N1,555/$1 in the parallel market, signaling a strong appreciation against the US dollar, market sources disclose.
The Nigerian naira appreciated against the U.S. dollar in the parallel market on Friday, closing at N1,610/$1, compared to N1,630/$1 recorded on Thursday.
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has stated that Nigeria’s increased...
The United States economy delivered a stronger-than-expected jobs report in December, creating 256,000 jobs compared to economists’ expectations...
The Centre for the Promotion of Private Enterprises (CPPE) has highlighted factors that will improve the country’s foreign exchange rate regime in the coming year.
Welcome to the very first episode of Drinks and Mics, where real talk meets chilled vibes. In this...
This article explores the current state of the Nigeria currency; which is on a decline and the systems in place that have the tendency of stabilizing the Naira's recovery.
The naira crashed to N1640/$1 at the parallel market at the close of business on Monday, December 9, 2024, ending four consecutive days of exchange rate appreciation since the Central Bank of Nigeria (CBN) migrated to the Enhanced Foreign Exchange Market System (EFEMS) platform.
In this episode of Money Brief, Ugodre delves into the latest news on the Dollar dropping to 1500 Naira....
The naira broke below the N2,000 barrier for the first time in five months amid ongoing reforms in Nigeria's currency market.
The naira recorded a huge gain against the US dollar at the parallel market, hitting N1640/$1, at the close of business on Wednesday, December 4, 2024.
The Nigerian currency was largely muted in the unofficial market on Wednesday, oscillating around N1,750/$ despite improved fundamentals in the country’s foreign exchange market.