Currency - Page 32

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

Business·Currency·News

Exchange Rate Closes Year At Historic Low Of N907/$1 In Official Market

Nigerian Naira closed the year at an unprecedented exchange rate of N907.11 per dollar at the official market, signifying a 26.8% depreciation since June 14th, amid a tumultuous year for Africa's largest

Emmanuel Ochayi

December 31, 2023

Naira Rises Against Dollar, Ends Week On Positive Note

Business·Currency·News

Nigeria’s Foreign Reserves Hit Six-Year Low At $32.87bn As Naira Struggles

Nigeria’s economic landscape faces fresh turmoil as the country’s foreign exchange reserves hit a bleak low, recording $32.87 billion at December’s close, marking a six-year nadir. The data, revealed via the Central

Emmanuel Ochayi

December 29, 2023

Business·Currency

Naira To Sustain Depreciation In 2024 – Analysis Reveals

A grim forecast by Bloomberg L.P. has surfaced, signaling a continued slump of the Naira throughout 2024.

Emmanuel Ochayi

December 29, 2023

Naira Appreciates To N869/$1 As Experts Debate Stability

Business·Currency

Nigerian Naira Plummets To New Low, Hits N1,043.09/$ In Official Market

The Nigerian Naira plunged to a troubling low, closing at N1,043.09 against the dollar, marking a depreciation of 16.35% and signaling deep concerns for the country's economy just days before 2024.

Emmanuel Ochayi

December 29, 2023

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

Business·Currency

Naira Gains Against Dollar At N872/$ With Increased Forex Turnover

Nigerian Naira strengthened against the US Dollar, marking a 1.52% gain and closing at N872.59 to a dollar on the first trading day post-Christmas.

Emmanuel Ochayi

December 28, 2023

Naira vs Dollar: What To Expect This Week

Business·Currency·News

Naira Depreciates To N1,233/$ In Parallel Market, Registers Tepid Movement Across Forex Platforms

In the currency exchange market's dynamics, the Naira traded N1,233 against the US dollar at the parallel market on Monday, as affirmed by Bureau de Change (BDC) operators.

Emmanuel Ochayi

December 26, 2023

Currency·News

Naira Devaluation Has Caused ‘Japa’ Tsunami Among Lecturers – UNILAG VC

The Vice-Chancellor of the University of Lagos, Prof. Folashade Ogunsola, has disclosed that the exchange rate of the naira to the dollar has so devalued the salaries of university workers that most

Victor Ezejaand

Admin

December 24, 2023

Business·Currency·News

Naira Weakens To N885.88/$1, Stirring Christmas Spending Concerns

The Nigerian naira faced a 2.71% depreciation against the dollar on Friday, closing at N885.88/$1. The situation, compounded by a 22% reduction in forex turnover to $92.16 million, has sparked worries about

Emmanuel Ochayi

December 23, 2023

Business·Currency·News

Nigerian Naira Falls To N854.61/$1 Amidst Forex Turnover Dip Of 21.45%

In a day of fluctuating fortunes for Nigeria’s currency, the Nigerian naira depreciated against the dollar, closing at N854.61/$1 at the official market on Wednesday, marking a 1.5% drop. Forex turnover also

Emmanuel Ochayi

December 20, 2023

Business·Currency·News

Naira Inches Up Marginally To N888/$1 In Official Market

The Nigerian Naira showcased a slight but noteworthy gain against the dollar on Monday, 18th December 2023, demonstrating fluctuations in both official and parallel markets. Registering a 0.17% appreciation, the currency closed

Emmanuel Ochayi

December 18, 2023

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Currency - Page 32

Exchange Rate Closes Year At Historic Low Of N907/$1 In Official Market

Nigeria’s Foreign Reserves Hit Six-Year Low At $32.87bn As Naira Struggles

Naira To Sustain Depreciation In 2024 – Analysis Reveals

Nigerian Naira Plummets To New Low, Hits N1,043.09/$ In Official Market

Naira Gains Against Dollar At N872/$ With Increased Forex Turnover

Naira Depreciates To N1,233/$ In Parallel Market, Registers Tepid Movement Across Forex Platforms

Naira Devaluation Has Caused ‘Japa’ Tsunami Among Lecturers – UNILAG VC

Naira Weakens To N885.88/$1, Stirring Christmas Spending Concerns

Nigerian Naira Falls To N854.61/$1 Amidst Forex Turnover Dip Of 21.45%

Naira Inches Up Marginally To N888/$1 In Official Market

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