FX demand pressure

Forex Demand Pressure Suffocates Naira at Official Market, Others

August 26, 2023

By Adedapo Adesanya The Naira performed badly against the United States Dollar in the black market, the Peer-to-Peer (P2P), and the Investors and Exporters

Economy

ABCON Blames Binance for FX Demand Pressure on Naira

August 9, 2023

Adedapo Adesanya

By Adedapo Adesanya The Association of Bureaux De Change Operators of Nigeria (ABCON) has urged the federal government to ban the operations of Binance

Economy

Naira Firms to N744.07/$1 at I&E, N795/$1 at P2P, Parallel Market

July 11, 2023

Adedapo Adesanya

By Adedapo Adesanya The Naira opened the week stronger against the US Dollar in the official FX window, the Investors and Exporters (I&E), on

Economy

Naira Withstands FX Demand Pressure, Strengthens by 1.8% at I&E

June 21, 2023

Adedapo Adesanya

By Adedapo Adesanya The Naira showed resilience on Tuesday in the official market despite coming under intense FX demand pressure as investors begin to

Economy

Naira Succumbs to FX Demand Pressure, Sheds 0.03% at Official Market

January 24, 2023

Adedapo Adesanya

By Adedapo Adesanya The exchange rate of the Naira to the US Dollar was in favour of the latter on Monday at the Investors

Economy

Naira Crashes to N439.17/$1 at I&E on FX Demand Pressure

October 8, 2022

Adedapo Adesanya

By Adedapo Adesanya The Naira was pressured against the United States Dollar at the Investors and Exporters (I&E) and the Peer-to-Peer (P2P) windows of

Economy