Dangote predicts stronger Naira as market stability improves
Africa’s richest man and Chairman of Dangote Group, Aliko Dangote, has stated that the Nigerian economy will witness a more ...
Tag: Naira
Naira strengthens in parallel market, closes week at N1,520/$1, stronger than CBN rate
The Naira closed the week on a high note in the parallel market, reaching N1,520/$1, making it the strongest performance ...
Post MPC: Naira unchanged at unofficial market, dollar index near two-week low
The Nigerian naira's exchange rate stayed muted against the US dollar on the unofficial secondary foreign exchange market after the ...
Nigerians now have greater confidence in the Naira – Cardoso declares at MPC meeting
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has declared that Nigerians are regaining confidence in the ...
Naira depreciates to N1,555/$1 ahead of 301st MPC meeting
The Naira continued its downward trend this week and currently trades at N1,555/$1 on the parallel market on Wednesday, according to ...
Naira surges to 4-month high, breaks N1,520/$ barrier
The Nigerian currency maintained its bullish momentum, reaching a four-month high against the US dollar and closing at 1518/$ on ...
Naira strengthens to N1,550/$ in parallel market; here’s why it’s gaining
The exchange rate closed the week with a mixed performance, as the naira recorded a slight depreciation in the official ...
Naira set to break below N1,500/$ resistance
The Nigerian currency is less than N30/$ away from breaking the key resistance level of N1500/$ in Nigeria's official market.
IMF commendation sparks strong gains for Naira across parallel, official markets
The naira appreciated to N1,565 per dollar on Thursday at the parallel market, up from N1,580 per dollar on Wednesday, ...
Naira stuck at N2,200/£ as British pound faces correction
The naira remains in a consolidation phase against the British pound in the parallel market at N2,200/£ despite significant moderation ...
