Tag: Naira
Naira appreciates at official market
The Naira has enjoyed relative stability against the US dollar since Dec. 2024 following the introduction of the Electronic Foreign…
Naira dips further, trades at N1,687.52 in Official Market
Data from the FMDQ Exchange revealed the loss in value occurred alongside a surge in daily turnover, which rose to…
Naira hits new low: 2.3% Depreciation against Dollar at Official Market
According to data from the FMDQ Exchange, the Naira lost N38.12 in value compared to the previous trading day. The…
Adeboye: Prayers stopped naira from crashing to N10,000 per dollar
But for prayers, the value of Nigerian currency, the naira would have crashed up to I0, O00 to a dollar,…
Naira surges after three-day slump to Dollar, gains N44 at Official Market
Data from the official trading platform, FMDQ Exchange, showed that the Naira gained N44.48, representing a 2.63 per cent improvement…
Naira slips to N1,678.87, marks 2.4% loss amidst surge in Dollar turnover
By Grace Alegba The Naira weakened further at the official market on Friday, closing the week at N1,678.87 to the…
Naira slips further, drops 0.6% to hit N1,676.90 against Dollar
In addition to the depreciation, the total daily turnover at the official market also saw a significant drop, closing at…
Naira appreciates against dollar at official market
The platform that oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), revealed that Naira gained N8.77 against the dollar.
Naira gains ground: Strengthens against Dollar in Official Market
Also, the total daily turnover increased to 284.93 million dollars on Friday up from 230.99 million dollars recorded on Thursday.
Historic move: Nigeria begins sales of Crude Oil in Naira
Effective from October 1, 2024, the Federal Executive Council (FEC) directive to trade crude oil and petroleum products in Naira…
Naira appreciates by 0.6% against dollar at official market
This represents a 0.61 per cent gain when compared to the previous trading date on Aug. 2 when it exchanged…
Naira crashes to dollar at official market again
Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market…
Naira appreciates further against dollar at official market
This represents a 0.67 per cent gain when compared to the previous trading date on Monday when it traded at…
Dollar crashes against Naira at official market
This represents a 4.04 per cent gain when compared to the previous trading date on Tuesday, when the local currency…
Good news as Dollar slumps against Naira at Official Market
Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market…
Naira crashes to dollar at official market
This represents a 5.96 per cent loss when compared to the previous trading date on Friday April 26, when it…
Naira crashes again to dollar at official market
This represents a 5.3 per cent loss when compared to the previous trading date on Monday, April 22, when it…
Naira plummets to dollar at official market
This represents a 5.51 per cent loss when compared to the previous trading date on Friday, April 19, when it…
Dollar plummets against Naira at official market
This represents a 0.55 per cent gain when compared to the previous trading date on Friday, April 12, exchanging at…
Dollar crumbled before Naira at official market
It appreciated by N82.52 to reach N1,300 per dollar, compared to N1,383 recorded on Tuesday.
Tinubu must ban cash dollar transactions across Nigeria to save Naira – Lai Omotola
Omotola proposed that the maximum cash any citizen and foreigner could hold in Nigeria should be 100 dollars, adding that…
Dominic Joshua unveils holistic strategy to uplift Naira amidst soaring exchange rates
The recent nosedive from N1,482.75 to N1,520.123 within 24 hours sends shockwaves through the financial landscape.
How the Naira can bounce back – Reno Omokri
"Gone are the days when the government artificially set the Naira's value. And all major Presidential candidates said they would…
‘Why Naira regained strength at Foreign Exchange market’
Gwadabe urged the management of CBN to continue to make clarifications and implement some of the association’s recommendations in charting…
Naira further strengthens against Dollar, appreciates to N786.02/$1
The Nigerian naira appreciated against the dollar on Wednesday, 1st November 2023, closing at N786.02/$1 at the official market.
Breaking: Exchange rate falls to N993/$1
Before now, the lowest level was N848/$1 recorded on the 17th of October 2023 which represented a one day 8.17%…
Local production, reduced importation will strengthen Naira – Expert
“We are not producing anything, and the only thing that can help the Naira to stabilise is when we produce…
Naira collapses against Dollar at Investors, Exporters Window
The naira lost 1.48 per cent compared to the N745.19 it exchanged for the dollar on Tuesday. The open indicative…
Naira slumps against Dollar at investors, exporters window
The Naira dropped by 1.01 per cent compared to the N740.38 it exchanged for the dollar after the close of…
Naira plummets against US Dollar at investors, exporters window
The naira lost by 0.42 per cent compared to the N772.12 it exchanged for the dollar on Monday. The open…