The naira continued its decline against the dollar, ending the week on a negative note at the foreign exchange market. FMDQ data revealed that the naira…
Browsing: Naira
The naira lost at the official market on Monday, trading at N1,676.90 to the dollar. According to data from FMDQ Exchange, a platform that oversees the…
The naira started November 2024 positively, appreciating against the dollar in the official and parallel foreign exchange markets. According to FMDQ data, the Nigerian currency strengthened…
The naira saw an increase in value against the dollar on Tuesday in the official foreign exchange (FX) market. Data from FMDQ revealed that the naira…
President Bola Ahmed Tinubu hosted a meeting with the committee on implementing crude oil and refined products sales in naira at Aso Rock. The session included…
The naira experienced a significant decline in value against the dollar in the foreign exchange market, starting the week on a negative note due to a…
The International Monetary Fund (IMF) has reported that Nigeria’s local currency, the naira, is showing signs of stabilisation, partly due to recent interest rate hikes. In…
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…
The Africa Pulse Report for October 2024 from the World Bank has shown that the cedi and three other currencies are the poorest performing in Sub-Saharan…