Naira dollar exchange rate – Page 12 of 14

Naira Falls Against Dollar In Black Market As Demand Increases In FX Market

Naira’s Uphill Battle: Unraveling The Forces Behind Its Continuous Depreciation

In the intricate dance of global currencies, the Naira finds itself caught in a relentless downward spiral, grappling with a depreciation that shows no sign of abating.

Emmanuel Ochayi

1 year ago

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

1 year ago

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

1 year ago

Naira vs Dollar: What To Expect This Week

News

Naira Gains At N902/$1 In Official Market As Forex Turnover Soars

In a turn of events on Thursday, January 18, 2024, the Nigerian Naira witnessed a surge against the US Dollar, reaching an intraday high of N1261/$1 at the official market. Data from

Emmanuel Ochayi

1 year ago

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

1 year ago

How EFEMS Transparency Fuels Naira Demand In Parallel Market

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

1 year ago

Business·Currency

Naira Hits Record High, Surpassing N1,300/$ In Cryptocurrency, Parallel Markets

The Nigerian naira has surged past the N1,300 mark against the US dollar in both the Peer-to-Peer cryptocurrency window and the parallel market.

Emmanuel Ochayi

1 year ago

Business

Nigeria’s Exchange Rate Will Soon Stabilise, Bagudu Assures Investors

Minister of Budget and Economic Planning, Atiku Bugudu, has assured investors that the exchange rate will soon stabilise following the president and Central Bank of Nigeria's economic reforms.

Emmanuel Ochayi

1 year ago

Business·Currency

Naira Falls By N15.75, Closes At N890/$1

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,

Emmanuel Ochayi

1 year ago

Naira Appreciates Against Dollar At Official, Black Market

Business·Currency

Naira Appreciates To N874 In Official Market Amid $2.25bn FX Support

The Naira staged a recovery, appreciating by 19.17% against the dollar at the official market on Thursday, January 11, 2024.

Emmanuel Ochayi

1 year ago

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Naira dollar exchange rate - Page 12

Naira’s Uphill Battle: Unraveling The Forces Behind Its Continuous Depreciation

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

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

Naira Gains At N902/$1 In Official Market As Forex Turnover Soars

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

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

Naira Hits Record High, Surpassing N1,300/$ In Cryptocurrency, Parallel Markets

Nigeria’s Exchange Rate Will Soon Stabilise, Bagudu Assures Investors

Naira Falls By N15.75, Closes At N890/$1

Naira Appreciates To N874 In Official Market Amid $2.25bn FX Support

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