Demand pressures: Official exchange rate settles at N1571.31/$1 as intra-day hits N1851/$1
The official exchange rate experienced a decline of 2.97%, settling at N1571.31/US dollar & intraday trading reached N1851 against the ...
Tag: Naira
Naira hits record low of N1960 /EUR1 at the black market
The parallel market exchange rate has experienced a significant decline, plummeting to a record low of N1960 per Euro.
Wild 24 hours: Naira Plunges to N1,900, rebounds to N1,354, then dips to N1,700 against USDT on Binance
It has been a tumultuous twenty-four hours after the exchange rate between the naira and USDT, plummeted to approximately N1900/USDT ...
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 ...
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.
