Naira ends week strongly, Settles at N1,600/$ in official market
The naira showed mild strength against the haven currency in the last trading session of the week in the official ...
Tag: NAFEM
Naira shows stability in black market but loses momentum in official market
The Nigerian naira has traded for the third consecutive day against the dollar at the same exchange rate of N1,650/$ ...
Nigeria’s exchange rate closes at N1,603.80/$1 as naira hits worst level in four months
The naira has suffered further depreciation on the Nigerian Autonomous Foreign Exchange Market (NAFEM) window, closing at N1,603.80/$1 on Thursday, ...
Despite Central Bank FX sales, exchange rate falls to July low of N1,563.8/$1
The naira hit a new low in July, closing at N1,563.80/$1 on Friday, July 12, 2024, as it recovered from ...
Nigeria’s official exchange rate crashes to N1,561, lowest level since March
The naira has suffered a significant depreciation on the Nigerian Autonomous Foreign Exchange Market (NAFEM) window, falling to N1,561.98/$1 on ...
Naira loses key support on ravaging U.S. dollar
Naira falls as increased demand pressures the local currency, while the U.S. dollar index maintains its bullish trend.
Naira falls hard to N1,329.65/$1 as gaining momentum fades
The naira suffered a significant depreciation on the Nigerian Autonomous Foreign Exchange Market (NAFEM) window, falling to N1,329.65/$1 on Wednesday, ...
Exchange rate gains tied to $1.3 billion maturing NDFs, CBN’s interventions
The naira has experienced consecutive double-digit appreciation on the official market, and sources say that the Central Bank of Nigeria ...
Naira records biggest appreciation in four months to N1,173.88/$1
The naira surged N1,1173.88/$1 on the Nigerian Autonomous Foreign Exchange Market (NAFEM) window on Tuesday, marking an increase of 14.09% ...
FX turnover surges by 231.99% as CBN raises N1.16 trillion from OMO bill auction
Nigeria’s foreign exchange market has seen the turnover on the Nigerian Autonomous Foreign Exchange Market (NAFEM) window surge by an ...
