Naira Weakens to N1,625/$1 at NAFEM, N1,690/$1 at Black Market
Adedapo Adesanya By Adedapo Adesanya The Naira weakened to N1,625/$1 in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Wednesday,…
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Naira Appreciates 4.5% on Dollar at Official FX Market
By Adedapo Adesanya The Naira appreciated against the US Dollar by 4.5 per cent or N73.39 in the…
Naira Depreciates to N1,635/$1 at Official Market
By Adedapo Adesanya The Naira lost its footing against the US Dollar in the Nigerian Autonomous Foreign Exchange…
CBN Sells $543.5m to Forex Dealers to Defend Naira at Currency Market
Aduragbemi Omiyale By Aduragbemi Omiyale About $543.5 million was given to authorised foreign exchange (FX) deals, particularly commercial banks in…
Naira Appreciates Further on Dollar at NAFEM
By Adedapo Adesanya The Naira appreciated against the US Dollar by N28.05 or 1.7 per cent in the…
Naira Sells N1,659/$1 at Official Market, N1,675/$1 at Black Market
By Adedapo Adesanya The value of the Naira to the Dollar improved in the official and parallel market…
High Demand for Forex Weakens Naira to N1,669/$1 at NAFEM
By Adedapo Adesanya It was not a good day for the Nigerian Naira in the official market on…
Naira Falls 0.08% to N1,541.94 Per Dollar at Official Market
By Adedapo Adesanya The Naira fell against the United States Dollar by 0.08 per cent or N1.16 at…
Naira Further Firms to N1,540.78/$1 at Official FX Market
By Adedapo Adesanya The Naira appreciated yet again against the US Dollar in the Nigerian Autonomous Foreign Exchange…
Naira Appreciates at Official Market as CBN Sells FX to BDC Operators
By Adedapo Adesanya The Naira reacted positively to the sale of $20,000 to each of the eligible Bureaux…