NAFEM | Business Post Nigeria

Naira Sinks to N1,537/$1 as FX Supply Constraints Frustrate CBN Interventions

February 17, 2024

By Adedapo Adesanya The Naira’s downfall resumed against the United States Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Friday, February 16,

Economy

Naira Gains at Official Market, Loses at Black Market, Peer-to-Peer

February 16, 2024

Adedapo Adesanya

By Adedapo Adesanya Latest moves by the Central Bank of Nigeria (CBN) to bring stability and improve liquidity in the foreign exchange (FX) market

Economy

Naira Falls to N1,503.38/$1 at NAFEM as Volatility Returns to FX Market

February 15, 2024

Adedapo Adesanya

By Adedapo Adesanya The Nigerian Naira closed the midweek session with a loss against the US Dollar in the Nigerian Autonomous Foreign Exchange Market

Economy

Naira Depreciates at Official Market Amid $465m FX Sales

February 7, 2024

Adedapo Adesanya

By Adedapo Adesanya The Naira depreciated against the US Dollar in the foreign exchange (FX) market on Tuesday, February 6 despite recent moves by

Economy

Naira Strengthens by 1.8% at NAFEM as FX Supply Surges 182%

February 3, 2024

Adedapo Adesanya

By Adedapo Adesanya The Naira closed the week on a strong foot against the United States Dollar in the Nigerian Autonomous Foreign Exchange Market

Economy

Naira Strengthens to N874/$1 at NAFEM, Weakens to N1,255/$1 at Black Market

January 12, 2024

Adedapo Adesanya

By Adedapo Adesanya The Naira appreciated further against the United States Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Thursday, January 11,

Economy

Naira Plunges 27.2% at Official Market on Forex Supply Squeeze

January 10, 2024

Adedapo Adesanya

By Adedapo Adesanya Fresh pressure mounted on the Nigerian Naira in the Nigerian Autonomous Foreign Exchange Market (NAFEM) segment of the foreign exchange (FX)

Economy

Naira Firms to N869.39/$1 at NAFEM, Falls to N1,245/$1 at Black Market

January 6, 2024

Adedapo Adesanya

By Adedapo Adesanya The Nigerian Naira gained N25.84 or 2.9 per cent against the United States Dollar in the Nigerian Autonomous Foreign Exchange Market

Economy

Naira Weakens to N988.46/$1 at NAFEM as FX Supply Shrinks to $15m

January 3, 2024

Adedapo Adesanya

By Adedapo Adesanya The Naira got underway in 2024 with an 8.9 per cent or N81.35 depreciation against the Dollar to trade at N988.46/$1

Economy

Naira Trades N872.59/$1 at Official Market

December 28, 2023

Adedapo Adesanya

By Adedapo Adesanya The Nigerian Naira appreciated against the American Dollar by 1.5 per cent or N13.29 in the Nigerian Autonomous Foreign Exchange Market

NAFEM - Page 3

Naira Sinks to N1,537/$1 as FX Supply Constraints Frustrate CBN Interventions

Naira Gains at Official Market, Loses at Black Market, Peer-to-Peer

Naira Falls to N1,503.38/$1 at NAFEM as Volatility Returns to FX Market

Naira Depreciates at Official Market Amid $465m FX Sales

Naira Strengthens by 1.8% at NAFEM as FX Supply Surges 182%

Naira Strengthens to N874/$1 at NAFEM, Weakens to N1,255/$1 at Black Market

Naira Plunges 27.2% at Official Market on Forex Supply Squeeze

Naira Firms to N869.39/$1 at NAFEM, Falls to N1,245/$1 at Black Market

Naira Weakens to N988.46/$1 at NAFEM as FX Supply Shrinks to $15m

Naira Trades N872.59/$1 at Official Market

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NAFEM - Page 3

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