…As speculators take wait-and-see approach By Sodiq Adelakun The Nigerian Naira experienced a significant surge of 1.75 percent on the parallel market, commonly known as the...
By Sodiq Adelakun The foreign exchange market is experiencing renewed pressure as the Nigerian naira continues to weaken against the U.S. dollar. On Wednesday, the naira...
The Nigerian Naira experienced a significant drop against the US Dollar in the first trading session of the week, marking its first major decline across the...
By Sodiq Adelakun The Nigerian foreign exchange (FX) market opened on Monday with the naira/dollar exchange rate quoting at N1,020/$. This comes after the naira strengthened...
The Association of Bureau De Change Operators of Nigeria (ABCON), has revealed why the Naira is regaining strength against the dollar. “The development stems from the...
While the federal government is benumbed about the poor exchange profile of the Naira, the National Association of Nigeria Travel Agencies (NANTA) is heading to London...
By Sodiq Adelakun The naira is facing significant challenges as it once again surpasses a crucial resistance level on the black market, settling at N1,170 against...
By Sodiq Adelakun On Friday, October 27, the Nigerian Naira gained ground against the US Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) amid growing...
By Sodiq Adelakun The naira experienced a further decline on Wednesday, with its value against the dollar dropping to N1,300 compared to the previous day’s rate...
By Sodiq Adelakun The Naira has hit a record low of N1,235 per dollar on the parallel market, also known as the black market, due to...