Economy Naira Weakens Across FX Windows as CBN Hikes Interest Rate by 100bps January 25, 2023 Adedapo Adesanya By Adedapo Adesanya The foreign exchange (FX) market in Nigeria reacted negatively to the decision of the Central Bank of Nigeria (CBN) to raise Read More
Economy Pressure Mounts on Nigerian Currency at FX Windows October 26, 2022 Adedapo Adesanya By Adedapo Adesanya More pressure piled on the Nigerian currency in the various segments of the foreign exchange (FX) market on Tuesday as its Read More
Economy Naira Crashes at I&E, P2P FX Windows as Dollar Scarcity Heightens June 10, 2022 Adedapo Adesanya By Adedapo Adesanya The Naira recorded one of its worst outings in weeks on Thursday as it depreciated against the American Dollar at both Read More
Economy Naira Trades N617/$1, N419.50/$1 at P2P, I&E FX Windows May 28, 2022 Adedapo Adesanya By Adedapo Adesanya The Naira had a bad day on Friday as it depreciated in the Peer-to-Peer (P2P) segment of the foreign exchange market Read More
Economy Nigerian Naira Declines by N1 at P2P, I&E FX Windows May 6, 2022 Adedapo Adesanya By Adedapo Adesanya The Nigerian Naira suffered a N1 or 0.17 per cent loss against the United States Dollar at the Peer-to-Peer (P2P) segment Read More
Economy Local Currency Appreciates at P2P, I&E FX Windows April 29, 2022 Adedapo Adesanya By Adedapo Adesanya The value of the Naira compared with the American Dollar appreciated at both the Peer-to-Peer (P2P) and Investors and Exporters (I&E) Read More