Naira Value Appreciates to N1,418.78/$1 at NAFEM Amid Shrink in FX Supply
Adedapo Adesanya By Adedapo Adesanya The supply of foreign exchange (FX) to the Nigerian Autonomous Foreign Exchange Market (NAFEM) shrank…
exchange rate
Naira Appreciates as CBN Reforms Boost FX Market Confidence
By Adedapo Adesanya The Naira appreciated against the United States Dollar in the Nigerian Autonomous Foreign Exchange Market…
Naira Plunges to N1,461/$1 at NAFEM, Cools at P2P, Black Market
By Adedapo Adesanya The Naira’s downfall continued in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Thursday, February…
JUST IN: Naira Street Value Deteriorates to N1,510/$1 as FX Demand Spikes
Dipo Olowookere By Dipo Olowookere The free-fall of the Naira against the US Dollar in the parallel market continued on…
Panic as Naira Plunges to New Low of N1,348/$1 at Official Market
By Adedapo Adesanya The exchange rate of the Naira to the Dollar in the official market segment of…
Pressure Eases on Naira, Now N891.90/$1 at Official Market
By Adedapo Adesanya The Naira soaked some pressure at the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Friday,…
Naira Trades N900/$1 at Official Market, N1,400/$1 at Black Market
By Adedapo Adesanya The Naira depreciated against the US Dollar across the windows of the foreign exchange (FX)…
Naira Value Falls Across Forex Market Segments
By Adedapo Adesanya Continued disruption in the supply of foreign exchange (FX) into the currency market further weakened…
Naira Appreciates to N878.61/$1 at Official Market
By Adedapo Adesanya The Naira closed stronger against the US Dollar in the official foreign exchange window, the…
Nigeria’s Exchange Rate Will Further Depreciate in 2024—S&P
By Adedapo Adesanya The road ahead is rough for the Naira in 2024 as projections from Standard and…