naira depreciation
-
Nigeria Nigeria's Currency Crisis: US Dollar Hits N1,355, Raising Concerns for Businesses and Citizens
Amidst economic uncertainties, the Nigerian currency faces a significant setback with the US dollar soaring to N1,355 at the black market. Despite recent efforts to stabilize the exchange rate, including a $2.25 billion support from AfreximBank, the naira's value continues to decline. In...- Nigeria News
- Article
- 1 min read
- black market rate currency crisis naira against dollar rate naira depreciation nigeria economy us dollar exchange rate
- Category: Business
-
Nigeria Naira Drops to N1,230/$ in Parallel Market, Inches Up to N872.59/$ Officially
The Nigerian Naira faced contrasting fates in currency markets. The parallel market recorded a depreciation, with the naira sliding to N1,230 per dollar, a slight dip from N1,225 per dollar the previous week. On the other hand, in the official Nigerian Foreign Exchange Market (NAFEM), the naira...- Nigeria News
- Article
- 1 min read
- nafem naira depreciation naira exchange rate nigerian naira
- Category: Business
About Nigerian Bulletin
Nigerian Bulletin is your gateway to top news, specialized lifestyle topics, and a unique, curated marketplace. It connects Nigerians worldwide with crucial updates and opportunities and is ideal for engaging press releases, effective sponsored posts, banner ads, and product showcases.