Tag: Dollar

Naira increases to 1609/$ at official market

On Wednesday in the official market, the value of the naira slightly

Bisola David Bisola David

Naira falls as banks’ dollar sales drop by $252m

Dollar sales at the Nigeria Autonomous Foreign Exchange Market on Friday decreased

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Naira closes at N1,537.96/$1 amid decline

The Naira witnessed a decline against the US Dollar in the official

Alex Omenye Alex Omenye

Naira crashes further against dollar, sells N1,582/$1

The intra-day high for the Nigerian naira against the US dollar peaked

Alex Omenye Alex Omenye

Banks dollar sale drops as naira falls to N1,479

Data collected on Thursday from FMDQ Exchange indicated that the total value

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NAFEM: Dollar supply hits 180% as banks sell $440m

The official Nigerian Autonomous Foreign Exchange Market saw a 180.59 per cent

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Worst performing African currencies against US dollar in 2023 – Report

African currencies have recently suffered significant losses, particularly against the celebrated US

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Expect further naira depreciation come 2024 – Bloomberg

US-based media firm, Bloomberg has predicted a continuous slide in the Naira

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Exchange rate falls N983/$1 as traders allege dollar scarcity

The black market exchange rate between the naira and the dollar fell

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Naira crashes further as banks face dollar shortage – Report

The value of the naira has gotten worse as a result of

Bisola David Bisola David

Global stock markets find balance amid European equities

Global stock markets maintained a sense of equilibrium, with European equities showing

Joy Onuorah Joy Onuorah

Strong dollar reduces economic output in Nigeria, others – IMF

The International Monetary Fund has declared that a 10% increase in the

Bisola David Bisola David