Currency volatility: Intra-day high records N1755/$1 on sustained demand pressure
The Naira experienced a notable depreciation against the US dollar on February 21, 2024, peaking at an intra-day high of ...
Tag: Naira
Naira hits record low of N1,830 /$1 at the black market
The Naira on Wednesday experienced a significant depreciation, reaching a record low of N1,830 per dollar in the parallel market, ...
Naira value: Binance explains actions on trading by Nigerians
Crypto trading platform, Binance, it has taken some actions to adjust trading on its platform by Nigerians to address what ...
Official exchange rate settles at N1551.24/$1 as P2P market crosses N1800/$1
The foreign exchange turnover saw a significant rise of 76.61% to $117.32 million, coinciding with naira's strengthening against the dollar.
Naira volatility continues as Intra-day high reaches N1,712 amid rising forex demand
The Naira experienced a sharp depreciation against the US dollar on February 19, 2024, reaching an intra-day high of N1,712. ...
Mr President – it’s all about the confidence
By now you would have come to the painful realisation that running Nigeria is not an emilokan thing. Parading a ...
What to do with the naira as inflation hit a 28-year high
A significant number of investors are already discouraged from investing in Nigeria, the largest frontier market on the continent.
Official exchange rate closes week at N1,537.96/$1 amidst surging inflation and forex decline
The Naira experienced a decline against the US Dollar in the official market, closing the week at N1,537.96/$1, amidst persistent ...
The sliding naira will reduce savings in Nigerian Banks, dampen growth – Economists
As the value of the naira erodes on an almost daily basis, economists warn that the trend will affect the ...
Intra-day high hits a record peak of N1607 amid rising demand pressure and inflation surge
The Naira has reached a historic peak against the US dollar, hitting N1,607 in intra-day trading on February 15, 2024.
