South Africa’s Rand weakened against the US Dollar on Monday as investors focus on local inflation data due later this week. The Rand traded at R17.6425…
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Despite the increased supply of foreign exchange, the Naira depreciated against the United States Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Monday, decreasing…
The Naira has depreciated significantly against the dollar in the foreign exchange market due to the inflation spike. According to FMDQ data, the Nigerian currency fell…
According to FMDQ data, the Naira resumed on a good note on Monday, gaining significantly against the Dollar in the foreign exchange market. The Nigerian currency…
The dollar index remained steady as the naira showed some strength at the official market on Wednesday. This offered relief to both the naira and the…
According to FMDQ data, the Naira weakened against the Dollar in the foreign exchange market, beginning the week on a poor note. The Naira exchanged at…
The naira saw further gains against the dollar in the foreign exchange market, ending the week on a positive note. According to FMDQ data, the naira…
The Naira experienced a slight depreciation against the dollar in the foreign exchange market ahead of Nigeria’s 64th Independence Day holiday on Tuesday. Data from FMDQ…
The naira continued its decline against the dollar in the foreign exchange market on Wednesday. Data from FMDQ indicated that the naira dropped to N1667.42 per…
The Central Bank of Nigeria (CBN) has announced the sale of $20,000 to each eligible Bureau De Change (BDC) operator in the country at an exchange…