Naira Value Strengthens at NAFEM, Falls at Black Market
Adedapo Adesanya By Adedapo Adesanya The Naira appreciated against the US Dollar in the Nigerian Autonomous Foreign Exchange (NAFEM) on…
exchange rate
Naira Gains 5.8% at NAFEM as Market Expects Fresh Forex Supply
By Adedapo Adesanya The Naira appreciated against the US Dollar in the official foreign exchange (FX) market, the…
Naira Strengthens to N874/$1 at NAFEM, Weakens to N1,255/$1 at Black Market
By Adedapo Adesanya The Naira appreciated further against the United States Dollar in the Nigerian Autonomous Foreign Exchange…
Naira Plunges 27.2% at Official Market on Forex Supply Squeeze
By Adedapo Adesanya Fresh pressure mounted on the Nigerian Naira in the Nigerian Autonomous Foreign Exchange Market (NAFEM)…
Naira Gains 1.5% After CBN Clears Part of FX Backlogs
By Adedapo Adesanya The Naira regained confidence on Monday by chalking up 1.5 per cent or N12.82 against…
Naira Firms to N869.39/$1 at NAFEM, Falls to N1,245/$1 at Black Market
By Adedapo Adesanya The Nigerian Naira gained N25.84 or 2.9 per cent against the United States Dollar in…
Naira Crashes to N1,035/$1 at Official Market
By Adedapo Adesanya The Naira extended its weak start to the year to the second trading session on…
Naira Weakens to N988.46/$1 at NAFEM as FX Supply Shrinks to $15m
By Adedapo Adesanya The Naira got underway in 2024 with an 8.9 per cent or N81.35 depreciation against…
Naira Closes 2023 at N907/$1 at Official Market
By Adedapo Adesanya The Naira reversed some of its previous day’s losses as it appreciated by 13 per…
Nigerian Currency Weakens to N904/$1 at NAFEM
By Adedapo Adesanya The Naira’s volatility continued on Wednesday, losing 4.6 per cent or N39.62 on the US…