The Naira has strengthened on the official market to N1,560.57 against the dollar, driven by foreign exchange reforms. The summary of FX trading on Tuesday showed...
The Naira experienced a modest appreciation against the US dollar and other currencies in the foreign exchange market as the trading day concluded on Friday. According...
A few days into the Christmas and New Year festivities, Nigerians are once again grappling with a shortage of Naira notes. Despite assurances from the Central...
In the midst of ongoing foreign exchange volatility, Nigeria’s foreign exchange reserves have decreased by $1.6 billion to $32.97 billion since the Central Bank of Nigeria...
On Wednesday, Nigeria’s currency, the naira, experienced a depreciation against the US dollar in the foreign exchange market. Official data from FMDQ revealed that the country’s...
On Wednesday, the Nigerian currency, the naira, showed resilience against the US Dollar, despite the country experiencing a significant inflation rate. According to FMDQ data, the...
The World Bank has described the Nigerian naira as one of the worst-performing currencies in Africa. The, according to the report, weakened by nearly 40 per...