How exchange rate volatility is crippling Nigerian businesses
Naira has experienced substantial fluctuations making it difficult for businesses to predict costs and revenues accurately, complicating financial planning and ...
Tag: Naira
FX market turnover drops 27.68% to $9.12 billion in April – FMDQ reports
The Naira steeply appreciated against the US Dollar, with the spot exchange rate ($/N) decreasing by 22.45% ($/N279.38) to close ...
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, ...
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% ...
Naira appreciates to N1,339.33/$1 on official market, best in 2 months
The exchange rate between the Naira and the Dollar at the official window saw a significant appreciation of 10.71% on ...
Naira holds N1500/$ 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 snaps 4-day winning streak, falls to N1,485.66/$1 on Thursday
The Naira has lost its four-day winning streak, depreciating by 1.55% to close at 1485.66/$1 on the official market on ...
Naira shows stability, aftermath of CBN’s MPC meeting
The naira traded within a tight range on Thursday following the recently concluded Monetary Policy Committee (MPC) meeting.
Converting Ethereum to naira: A Nigerian trader’s handbook
Learn how to convert your Ethereum to Naira seamlessly, speedily, and profitably using the best method in Nigeria.
Forex supply jumps 66% as CBN hikes interest rates
Naira appreciated slightly on the official market, despite a substantial 66% increase in foreign exchange (FX) supply and a new ...
