Stay informed with the latest updates on Naira, Dollar, Pounds, and global currency exchange rates. Prime Business Africa provides real-time forex news, market trends, and expert analysis crucial for businesses and individuals dealing with foreign currencies. Understand the impact of fluctuating exchange rates on the economy and make informed financial decisions.
In a turn of events, the Nigerian naira experienced a notable dip against the dollar on Friday, January 12, 2024, both in official and black market exchange windows. Data from the NAFEM,
In a twist of currency dynamics, the naira faces a tale of two markets as its value fluctuates to N1,230/$1 and N1,245/$1, driven by unofficial P2P and physical black markets despite Nigeria’s apex
In a positive turn for the Nigerian economy, the Naira saw a surge against the dollar at both the official and parallel forex markets on Monday. The official exchange rate closed at
In a revelation by Meristem, some major consumer goods companies in Nigeria such as Cadbury, Guinness Nigeria, and Nestle, suffered a combined loss of N472.3 billion due to the depreciation of the
Naira demonstrated fortitude by appreciating to N869.13/$1, thereby, gaining further ground against the dollar at the official market on Friday, marking its second advance in the New Year.
The Nigerian Naira encountered a steep fall, culminating in a close at N1,035.12 per dollar in the official market on January 3, 2024, indicating a 4.72% decline from the previous closure. The
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
Cookie
Duration
Description
cookielawinfo-checbox-analytics
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional
11 months
The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy
11 months
The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Emmanuel Ochayi
Emmanuel Ochayi
Victor Ezeja
Follow Us