exchange rate

  1. K

    Business Naira again depreciates against US dollar at forex market -Daily Post

    https://dailypost.ng/2024/01/13/naira-again-depreciates-against-us-dollar-at-forex-market/
  2. Naira Faces 1.1% Depreciation, Hits 1,233/$ at Parallel Market Amidst Forex Market Dynamics

    Nigeria Naira Faces 1.1% Depreciation, Hits 1,233/$ at Parallel Market Amidst Forex Market Dynamics

    The naira experienced a decline, exchanging at 1,233/$ at the parallel market, as reported by Bureau de Change (BDC) operators. Conversations with BDC operators revealed that the local currency, traded at 1,228/$ and 1,233/$, maintained the same rate from Friday. Figures from Abokifx indicated...
  3. Nigeria's Forex Woes: A Deep Dive into the Causes, Impacts, and Elusive Solutions

    Nigeria Nigeria's Forex Woes: A Deep Dive into the Causes, Impacts, and Elusive Solutions

    Amid assurances from President Bola Ahmed Tinubu that Nigeria is open for business, a persistent forex crisis continues to cast a shadow on the country's financial stability and international reputation. Despite claims that barriers to investment have been dismantled, the ongoing struggle with...
  4. Naira Soars to N750.14 Against Dollar

    Nigeria Naira Soars to N750.14 Against Dollar

    The Nigerian Naira showcased a robust performance, closing at N750.14 against the dollar at the official market on November 20, 2023. This 5.55% appreciation brought relief to financial analysts, attributing the upswing to the Central Bank of Nigeria's (CBN) strategic move to clear a backlog of...
  5. Naira  Plunges to N1,105 Against Dollar

    Nigeria Naira Plunges to N1,105 Against Dollar

    The Naira experienced a staggering fall, reaching a historic low of N1,105 against the US Dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEM), the Central Bank of Nigeria's (CBN) approved official market. The day began with the Naira opening at N830, marking a rapid depreciation...
  6. Nigerian Naira's Strengthens to ₦950/$ Amid CBN Actions"

    Nigeria Nigerian Naira's Strengthens to ₦950/$ Amid CBN Actions"

    In a remarkable turn of events, the Nigerian naira continued its impressive rebound against the US dollar on Friday, surging to an exchange rate of ₦950/$ in the parallel market. This marks a substantial gain of ₦170 or a 15.18% appreciation of the local currency compared to the ₦1,120/$ it...
  7. Nigerian Naira Experiences Remarkable Appreciation, Surges to N1,040 Against the Dollar in Parallel Market

    Nigeria Nigerian Naira Experiences Remarkable Appreciation, Surges to N1,040 Against the Dollar in Parallel Market

    In a surprising turn of events, the Nigerian naira witnessed a remarkable appreciation against the U.S. dollar in the parallel section of the foreign exchange market. On Friday, the local currency soared by N145, marking a substantial increase of 12.24 percent, reaching the impressive exchange...
  8. Nigeria's Industries Under Siege as Naira Weakens to N1,155 Against the US Dolla

    Nigeria Nigeria's Industries Under Siege as Naira Weakens to N1,155 Against the US Dolla

    Industries across the nation are grappling with immense challenges as the Nigerian naira continues its sharp decline against the U.S. dollar. The unofficial exchange rate in Lagos and Abuja recently reached between N1,150 and N1,155 per dollar. This alarming trend is causing significant distress...
  9. Naira Sinks to 1,025/$: Troubling Plunge Sparks Fears of Economic Unrest

    Nigeria Naira Sinks to 1,025/$: Troubling Plunge Sparks Fears of Economic Unrest

    Nigeria is grappling with a deepening economic crisis as the Naira plunged to an alarming exchange rate of 1,025 Naira to the US dollar in the parallel market. This decline, which continues to sow panic and instability, has ignited concerns among small-scale enterprises, manufacturers, and...
  10. Nigeria News

    Politics Dollar Crashes To N790 At Parallel Market After Tinubu, CBN Gov’s Meeting - Daily Trust

    https://dailytrust.com/after-tinubu-cbn-governors-meeting-dollar-crashes-to-n790-at-parallel-market/
  11. Nigeria News

    Business Exchange rate plummets to N910/$1 - Nairametrics

    https://nairametrics.com/2023/08/09/exchange-rate-plummets-to-n910-1-disparity-widens-to-n153-1/
  12. Nigeria News

    Business Black Market exchange rate falls to N900/$1 for inflows - Nairametrics

    https://nairametrics.com/2023/08/08/black-market-exchange-rate-falls-to-n900-1-for-inflows-p2p-market/
  13. Nigeria News

    Business BREAKING: Exchange rate quotes spike to N860/$1 on black market - Nairametrics

    https://nairametrics.com/2023/07/19/exchange-rate-quotes-spike-to-n860-1-on-black-market/
  14. J

    Business Nigeria - 21/01/2019: Today's Naira Rate Against The Dollar, Pounds And Euro

    Today's (21/01/2019) exchange rate of the Nigerian Naira against the Dollar, Pound and Euros
  15. J

    Business Nigeria - 09/01/2019: Today's Naira Rate Against The Dollar, Pounds And Euro

    Today's (09/01/2019) exchange rate of the Nigerian Naira against the Dollar, Pound and Euros
  16. justforex

    Sponsored Social Trading Within Forex Trading

    In a world that is now closely entwined with social media, social trading has been a phenomenon in forex trading over recent years. While until a few years ago, trading was considered a lonely affair, social trading has broken the norms. However, unlike social media where you can like or share...
  17. M

    Business Nigeria - 27/06/2018: Today's Naira Rate Against The Dollar, Pounds And Euro

    Today's (27/06/2018) exchange rate of the Nigerian Naira against the Dollar, Pound and Euros
  18. M

    Business Nigeria - 25/06/2018: Today's Naira Rate Against The Dollar, Pounds And Euro

    Today's (25/06/2018) exchange rate of the Nigerian Naira against the Dollar, Pound and Euros
  19. M

    Business Nigeria - 22/06/2018: Today's Naira Rate Against The Dollar, Pounds And Euro

    Today's (22/06/2018) exchange rate of the Nigerian Naira against the Dollar, Pound and Euros
  20. M

    Business Nigeria - 21/06/2018: Today's Naira Rate Against The Dollar, Pounds And Euro

    Today's (21/06/2018) exchange rate of the Nigerian Naira against the Dollar, Pound and Euros
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