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![Today's Naira Rate [14-05-2024]: Naira Depreciates to N1,520.40 Against USD, Amid Forex Shortage](/data/attachments/203/203959-8457c57119a478bc5717b11aa4a694ef.jpg?hash=hFfFcRmkeL)
Nigeria Today's Naira Rate [14-05-2024]: Naira Depreciates to N1,520.40 Against USD, Amid Forex Shortage
The Nigerian Naira depreciates to a two-month low against the US dollar, hitting N1,520.40 at the official foreign exchange market. With a shortage of dollars affecting the market, the currency faces challenges, reflecting economic complexities. Analysts attribute the downturn to various...- Nigeria News
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- 1 min read
- currency depreciation fmdq securities exchange forex market nigerian naira usd exchange rate
- Category: Business
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![Today's Naira Rate [19-04-2024]: Naira Stands Strong at N1,060/$ in Black Market Despite US Economic Uncertainty](/data/attachments/203/203051-8457c57119a478bc5717b11aa4a694ef.jpg?hash=hFfFcRmkeL)
Nigeria Today's Naira Rate [19-04-2024]: Naira Stands Strong at N1,060/$ in Black Market Despite US Economic Uncertainty
Despite a fluctuating economic landscape, the Nigerian naira exhibited resilience against the US dollar in the black market, maintaining its value while experiencing a slight decline in the official market. Late Thursday, the naira strengthened to N1,060 per dollar in the parallel market...- Nigeria News
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- 2 min read
- black market forex market nigerian naira todays exchange rate us economic data usd exchange rate
- Category: Business
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![Today's Naira Rate [17-04-2024]: Concerns Rise as Dollar Picks Up Again Against Naira, Now at N1147](/data/attachments/202/202932-8457c57119a478bc5717b11aa4a694ef.jpg?hash=hFfFcRmkeL)
Nigeria Today's Naira Rate [17-04-2024]: Concerns Rise as Dollar Picks Up Again Against Naira, Now at N1147
The current Naira-Dollar exchange rate has sparked mixed reactions among Nigerians. Some express surprise at the apparent stability, while others recall past fluctuations. Amidst the discussion, there's speculation about recent trends, with comments on both upward and downward movements...- Nigeria News
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- 1 min read
- black market nigerian naira usd exchange rate
- Category: Business
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Nigeria Nigerian Naira Expected to Reach Exchange Rate of 1200, Predicts Goldman Sachs
Goldman Sachs anticipates strengthening of the Nigerian naira against the US dollar over the next twelve months, projecting an exchange rate of 1200 in the short term. The New York-based investment bank attributes this positive outlook to recent policy reforms aimed at supporting the currency's...- Nigeria News
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- 1 min read
- goldman sachs forecast nigerian naira policy reforms usd exchange rate
- Category: Business
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