Naira P2P

Panic as Naira Plunges to New Low of N1,348/$1 at Official Market

January 30, 2024

By Adedapo Adesanya The exchange rate of the Naira to the Dollar in the official market segment of the foreign exchange (FX) market, the

Economy

Naira Slumps to N869/$1 at Official Market, N1014/$1 at P2P

November 8, 2023

Adedapo Adesanya

By Adedapo Adesanya The Naira depreciated further against the US Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Tuesday, November 7, as

Economy

Naira Strengthens to N864/$1 at P2P, N950/$1 at Parallel Market

November 3, 2023

Adedapo Adesanya

By Adedapo Adesanya The Naira strengthened against the Dollar on Friday at the Peer-to-Peer (P2P) segment of the foreign exchange (FX) market after news

Economy

Naira Plunges to N848/$1 at Official Market, N1070/$1 at Parallel Market

October 18, 2023

Adedapo Adesanya

By Adedapo Adesanya The Naira hit a fresh low in over three months on Tuesday, October 17 in the Nigerian Foreign Exchange Market (NFEM),

Economy

Naira Crashes to N1008/$1 at Black Market, N773.54/$1 at Official Market

October 10, 2023

Adedapo Adesanya

By Adedapo Adesanya The volatile movement of the Naira against the Dollar continued across the parallel market and the Investors and Exporters (I&E) segments

Economy

Naira Appreciates to N745/$1 at Official Market

October 4, 2023

Adedapo Adesanya

By Adedapo Adesanya The Naira continued its positive movement against the US Dollar in the regulated segment of the foreign exchange (FX) market on

Economy

Naira Value Appreciates at P2P as Bitcoin Trades Above $27000

October 3, 2023

Adedapo Adesanya

By Adedapo Adesanya The Naira appreciated against the US Dollar in the Peer-2-Peer (P2P) wing of the foreign exchange market on Monday, October 2,

Economy

Naira Gains at Official Market, P2P, Stable at Parallel Market

September 21, 2023

Adedapo Adesanya

By Adedapo Adesanya Though the supply of foreign exchange (FX) in Nigeria has remained low, the Naira closed stronger against the United States Dollar

Economy