Currencies
Naira Appreciates to N705/$1 at the Parallel Market Despite 11% Shrink in Forex Supply
Tuesday, September 20, 2022: Trading activities at the parallel (black) market show that the naira has appreciated against the dollar...
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Bitcoin crashes to it’s lowest point this year
Cryptocurrencies fell to fresh lows on Monday on regulatory concerns and as investors globally turned shy on risky assets with...
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Naira Surges to N708/$1 at the Parallel Market
Friday, September 16, 2022: Trading activities at the parallel (black) market show that the naira depreciated against the dollar to...
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CBN’s attack on AbokiFX was futile, as the Naira fell by 25% a year later.
One year after Aboki FX was accused of "economic sabotage" and his acts were effectively criminalized by the Central Bank...
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Naira maintains a record-low of N436.50/$1 at the I&E window as forex supply shrinks 21%
Wednesday, September 14, 2022: The exchange rate at the Nigerian Investors and Exporters (I&E) FX Window maintains a record-low as...
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Parallel Market Premium Surges to 61.5 Percent
The gap between the naira’s official and black market exchange rate has widened, reaching a N268.5 premium in the parallel...
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Naira Plunges, Hits N705/$1 at the Parallel Market
Monday, September 12, 2022: The naira has been under severe pressure for more than a week now, breaking into the...
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Naira Remains Weak, Exchanges for N436.33/$1 at the I&E Window
Friday, September 9, 2022: The exchange rate at the Nigerian Investors and Exporters (I&E) FX Window remains weak as the...
Read moreNaira Slumps to N703/$1 at the Parallel Market as Forex Liquidity Crashes by 119%
Thursday, September 8, 2022: The naira has been declining and having an implication for individuals and businesses. Since the beginning...
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Naira Maintains a Downward Pace, Hits N436.50/$1 at the I&E Window
Wednesday, September 7, 2022: The exchange rate at the Nigerian Investors and Exporters (I&E) FX Window closed the trading session...
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Kenyan President William Ruto Urges African Nations to Move Away from US Dollar for Intra-African Trade.
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IMF Refuses to Endorse External or Domestic Borrowing for Nigeria.
