By Sodiq Adelakun The Nigerian naira is currently experiencing a significant decline in value, with the exchange rate surpassing N1,300/$ on the Peer-to-Peer cryptocurrency window. Traders...
The Naira had a bad day in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Friday, January 12 as its value fell by 1.8 percent or...
The Nigerian Naira has continued to decline, reaching over N1,000 per dollar for the second time in 2024 on the official foreign exchange market. According to...
By Sodiq Adelakun Despite efforts by Nigeria’s apex bank to clear outstanding foreign-currency amounts owed in forward deals, the value of the naira has continued to...
The Nigerian Naira experienced a significant decline on Wednesday, January 3rd, 2024, closing at N1,035.12 per dollar in the official market. This is despite recent efforts...
By Sodiq Adelakun The Naira concluded the year 2023 with a staggering 49 percent depreciation against the US Dollar. As of the last trading day of...
The Nigerian Naira recorded a weak decline on Tuesday following a massive appreciation on Monday at the art of the week. The naira recorded an intraday...
The Nigerian naira appreciated against the dollar on Wednesday, 29th November 2023, closing at N831.47/$1 at the official market. The positive trajectory aligns with expectations among...
The Nigerian Naira on Tuesday depreciated 7.63 percent to close at N881.88 to a dollar at the close of business on Tuesday, data from the NAFEM...
By Sodiq Adelakun The Nigerian naira faced further pressure on the foreign exchange (FX) market on Monday, as it depreciated to N1,164 per dollar on the...