The Nigerian stock market has had a tough run since the start of April 2024 with the All-Share Index (ASI) declining by 6.16% and the market capitalisation falling by N3.63 trillion. The…
Browsing: Naira
According to reports, the Nigerian currency (Naira) depreciated from N1,255 per dollar on Tuesday to N1,305 per dollar on Wednesday in the parallel market. The depreciation…
The naira slumped further against the United States dollar at the official market on Tuesday, closing at 1,300 per dollar. This came as the Central Bank…
Data indicates that on Monday, the Naira experienced a 6% depreciation against the Dollar, reaching N1,234.49 to $1. FMDQ Exchange data, which monitors the Nigerian Autonomous Foreign…
As the naira progressively improves against the dollar following months of unanticipated uncertainties, the Central Bank of Nigeria (CBN) announced on Monday the sale of $10,000…
On Sunday, August 15, 1971, the United States economy was literally facing a firing squad. The Dollar was in a mess. Price gougers were everywhere and…
In recent years, the economic outlook in Nigeria has witnessed a significant transformation, with the naira, the nation’s currency, experiencing a substantial decline in value against…
The Naira has experienced a significant decline in value, reaching ₦1,300 per US dollar at the parallel market. This represents a further depreciation in the parallel…
Nigeria’s currency, Naira experienced a historic decline in the parallel market on Tuesday, driven by persistent dollar shortages and a surge in demand for the greenback.…
A recent report from KPMG, titled “In Pursuit of Value,” reveals a significant decline in the weekly usage of Automated Teller Machines (ATMs) in Nigeria, dropping…