official market

Apprehension as Naira Weakens Further to N1,308/$1 at Official Market

April 25, 2024

By Adedapo Adesanya Apprehension increased on Wednesday in the Nigerian Autonomous Foreign Exchange Market (NAFEM) as the Naira continued to erase some of its

Economy

Worry as Naira Now N1,234/$1 at Official Market, N1250/$1 at Black Market

April 23, 2024

Adedapo Adesanya

By Adedapo Adesanya There are fresh concerns over the recent decline in the value of the Nigerian Naira against the US Dollar in the

Economy

Naira Nears N1,000/$1 at Official, Parallel Markets

April 18, 2024

Adedapo Adesanya

By Adedapo Adesanya The Naira bounced back from the previous day’s loss on Wednesday, appreciating by 6.6 per cent or N75.40 against the United

Economy

Naira Weakens 1.07% to N1,148/$1 as Nigeria’s FX Reserves Dip

April 17, 2024

Adedapo Adesanya

By Adedapo Adesanya The Nigerian Naira recorded its first loss against the Dollar in a while in the Nigerian Autonomous Foreign Exchange Market (NAFEM)

Economy

Naira Trades N1,142/$1 at Official Market, N1,140/$1 at Parallel Market

April 13, 2024

Adedapo Adesanya

By Adedapo Adesanya Despite a three-day break, the Naira’s strength showed no signs of abating as it further appreciated against the US Dollar in

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

Local Currency Gains 0.3% on Dollar to Close at N1,251/$1

April 6, 2024

Adedapo Adesanya

By Adedapo Adesanya The local currency appreciated against its American counterpart at the Nigerian Autonomous Foreign Exchange Market (NAFEM) for the fourth straight session

Economy

Naira Trades N1,280/$1 at Parallel Market After N10 Gain

March 30, 2024

Dipo Olowookere

By Dipo Olowookere The Nigerian Naira appreciated against the United States Dollar in the parallel market segment of the foreign exchange (FX) by N10

Economy

FX Liquidity Boosts Naira Value to N1,300/$1 at Official Market

March 28, 2024

Adedapo Adesanya

By Adedapo Adesanya The Naira’s euphoric appreciation against the Dollar in the currency market continued on Wednesday, March 27, after it traded in the