Currency - Page 30

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.

Naira vs Dollar: What To Expect This Week

Business·Currency

Danger Looms As Naira Depreciates To N1,410/$1 At Black Market Amid High Demand, Economic Challenges

In a turn of events, the Nigerian Naira witnessed a depreciation, hitting a historic low of N1,410 against the US dollar on Thursday. This 3.29% decline, amounting to N45 weaker than the

Emmanuel Ochayi

January 25, 2024

Capital Importation: Banking Sector Records Highest Inflow In Q3 2024

Business·Currency

US Dollar Surges As ECB Keeps Mum On Interest Rates

The US Dollar gains strength following the European Central Bank’s decision to keep interest rates unchanged, leaving traders puzzled amid expectations of a possible cut. The market awaits ECB Chairman Christine Lagarde’s

Emmanuel Ochayi

January 25, 2024

Expert Predicts Bitcoin Hitting $180,000 By End Of 2025, Urges Nigeria To Build Crypto Reserve

Business·Currency

Bitcoin Price Dynamics Signal Mixed Market Sentiment As Value Fluctuate Hovers Around $40,000

Bitcoin's price journey on Jan. 24, 2024, unfolds as a complex interplay of volatility and recovery.

Emmanuel Ochayi

January 24, 2024

Nigerian Naira Vs U.S. Dollar: What To Expect This Week (17th-22nd, March 2025)

Business·Currency

Naira Appreciates To N878/$1 At Official Window Amid Lingering FX Crisis

The naira showcased resilience at the official Investors and Exporters (I&E) Window on Tuesday, closing at N878.61/$1, marking a rebound from Monday's N925.34/$1.

Emmanuel Ochayi

January 24, 2024

Naira Gains More As Exchange Rate Drops To N1,300/$1 At Official Market

Business·Currency

Naira Depreciates To N902/$1 As Forex Turnover Drops 17.36% To $145.89m

Naira faced a 0.04% depreciation, closing at N902.45 to a dollar in the official market, as reported by the Nigeria Autonomous Foreign Exchange Market (NAFEM).

Emmanuel Ochayi

January 21, 2024

Gold Near Record Highs Amidst Inflation Concerns

Business·Currency

Gold Price Rallies Above $2,030 Amidst Geopolitical Tensions, Uncertain Fed Outlook

As global tensions escalate with conflicts in the Middle East and geopolitical events unfold, Gold prices surge beyond $2,030, reflecting heightened demand for safe-haven assets.

Emmanuel Ochayi

January 21, 2024

Naira Rises Against Dollar, Ends Week On Positive Note

Business·Currency·News

Naira Hits Record Low Against British Pound Amid High Demand For Dollars

Nigerian parallel market exchange rate plummeted to an all-time low of N1,680 per Great Britain Pound (GBP), showcasing a 7% decline compared to the previous week.

Emmanuel Ochayi

January 21, 2024

Business·Currency

Naira May Depreciate To N1500/$1 In 2024 – Expert

Johnson Chukwu, the Group Managing Director, warned of a potential worst-case scenario where the naira could plummet to N1,500 against the dollar this year. Chukwu during the Cowry Asset Management’s economic review

Emmanuel Ochayi

January 19, 2024

Business·Currency

Naira Depreciation Sparks Surge In Dollar Savings As BDC Seeks Central Bank Review

Bureau De Change operators sounded the alarm as Nigerians flock to keep their savings in US dollars amid concerns over the eroding value of the naira.

Emmanuel Ochayi

January 18, 2024

Naira Ends Week With N30 Gain In Black Market: Hope For Naira?

Business·Currency

Naira Hits New Record Low At N1,320/$1

Naira plummeted to an unprecedented low of N1,320 per dollar on Wednesday, marking a 3.03% or N40.00 drop from the previous day's close at N1,280.

Emmanuel Ochayi

January 17, 2024

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Currency - Page 30

Danger Looms As Naira Depreciates To N1,410/$1 At Black Market Amid High Demand, Economic Challenges

US Dollar Surges As ECB Keeps Mum On Interest Rates

Bitcoin Price Dynamics Signal Mixed Market Sentiment As Value Fluctuate Hovers Around $40,000

Naira Appreciates To N878/$1 At Official Window Amid Lingering FX Crisis

Naira Depreciates To N902/$1 As Forex Turnover Drops 17.36% To $145.89m

Gold Price Rallies Above $2,030 Amidst Geopolitical Tensions, Uncertain Fed Outlook

Naira Hits Record Low Against British Pound Amid High Demand For Dollars

Naira May Depreciate To N1500/$1 In 2024 – Expert

Naira Depreciation Sparks Surge In Dollar Savings As BDC Seeks Central Bank Review

Naira Hits New Record Low At N1,320/$1

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