Dollar and naira daily report – Page 2 of 2

CBN’s FX Market Intervention Falls Short As Naira Struggles To Gain Ground

Naira Bounces Back After 1 Week Depreciation, Hits 1,459.02/$1

The Naira showed resilience as it bounced back against the dollar at the end of Wednesday, recovering from a week-long depreciation in both official and unofficial foreign exchange markets. “I’m glad to

Emmanuel Ochayi

6 months ago

Business·Latest News·Markets

How Naira Drops From Best Performing Currency To worst In The World

In April, the naira took a steep dive, ranking as the worst-performing currency globally, according to a Bloomberg report. This unexpected shift has sparked concerns, particularly in Nigeria’s financial circles, as the

Emmanuel Ochayi

7 months ago

Business·Latest News·Markets

EFCC Arrests BDC Operators As Naira trades For 1,416/$1

Operatives from the Economic and Financial Crimes Commission (EFCC) reportedly descended on Bureau De Change (BDC) operators in Wuse Zone 4 market on Tuesday as the naira depreciated to N1,416 to a

Emmanuel Ochayi

7 months ago

Naira Falls To N1687 Per Dollar At Official Market

Business·Latest News·Markets

Naira Depreciates Further, Trades At N1,402 Against US Dollar

The naira continued its downward trend, losing value against the US dollar on Thursday at the official market. According to data from the FMDQ exchange securities, the naira depreciated by N12 or

Emmanuel Ochayi

7 months ago

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Dollar and naira daily report - Page 2

Naira Bounces Back After 1 Week Depreciation, Hits 1,459.02/$1

How Naira Drops From Best Performing Currency To worst In The World

EFCC Arrests BDC Operators As Naira trades For 1,416/$1

Naira Depreciates Further, Trades At N1,402 Against US Dollar

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