Yesterday, the Naira saw an increase in value on the parallel market, reaching N1,475 per Dollar, a slight improvement from its previous standing at N1,480 per…
Browsing: Naira
The Naira fell to N1,520 per Dollar at the Foreign Exchange(FOREX) parallel market on Monday, May 13, 2024. The massive drop signifies a 3.4% decline from…
Reversing recent gains, the Nigerian naira has become the world’s worst-performing currency in the past month, according to a new Bloomberg report. According to the Friday…
The Naira plunged deeper on Tuesday after trading at N1,416.57 to 1$ at the official market. Data from Financial Markets Dealers Quotation (FMDQ) Exchange, the official…
As Nigeria grapples with an unprecedented economic challenge, the specter of inflation looms large, casting long shadows over its economic landscape and the daily lives of…
Reports say the Naira appreciated by 2.02% against the Dollar at the official market on Tuesday. The Nigerian currency has been in free fall on both official and unofficial foreign…
Dr. Adamu Abdullahi, the Acting Executive Vice Chairman of the Federal Competition and Consumer Protection Commission (FCCPC), acknowledged that the controversial Abuja Chinese shop, which was…
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…
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…