Official FX Market

Naira Weakens Further to N1,300/$1 at Official FX Market

April 24, 2024

By Adedapo Adesanya The Naira depreciated yet again against the US Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Tuesday, April 23,

Economy

Naira Appreciates to N1,230/$1 at NAFEM, N1,220 at Black Market

April 9, 2024

Adedapo Adesanya

By Adedapo Adesanya The Naira continued its impressive run at the two major segments of the foreign exchange (FX) market on Monday, appreciating by

Economy

Naira Crashes 14% to N956/$1 at Official FX Market

November 24, 2023

Adedapo Adesanya

By Adedapo Adesanya It was a bad day for the Nigerian Naira in the official foreign exchange (FX) market, the Nigerian Autonomous Foreign Exchange

Economy

Naira Value Strengthens by 5.9% in Official FX Market

November 18, 2023

Adedapo Adesanya

By Adedapo Adesanya The value of the Nigerian Naira was strengthened against the US Dollar in the official segment of the foreign exchange (FX)

Economy

Naira Loses N1.33 at Official FX Market to N418.33/$1

April 21, 2022

Adedapo Adesanya

By Adedapo Adesanya The Naira recorded a positive performance against the United States Dollar at the Peer-to-Peer (P2P) segment of the foreign exchange (FX)

Economy