Currencies
Naira Drops by a Whooping N7 at the Parallel Market
Wednesday, August 10, 2022: The rate at which the naira exchanges for the dollar in the parallel (black) market stood...
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Nigeria’s Gross Foreign Reserve Records the Fourth Decline this Month, Stands at $38.95 Billion
Nigeria’s gross foreign reserve over the last few months has hovered around the $38 billion/$39 billion corridor. Despite the rising...
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Naira Declines to N431/$1 at the I&E Window Despite 61% Surge in Forex Supply
Friday, August 8, 2022: The Nigerian Investors and Exporters (I&E) FX Window closed the trading session on a bearish note...
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NESG: Multiple Exchange Rates in Nigeria Impedes Required Flow of Foreign Investments.
The Nigerian Economic Summit Group (NEGS) has highlighted that the multiple exchange rates in Nigeria continue to erode the much-needed...
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Naira Stables at the Investors and Exporters (I&E) Window, Maintains N428.12/$
Friday, August 5, 2022: The Nigerian Investors and Exporters (I&E) FX Window closed the trading session with the naira maintaining...
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Naira Rises to N428.12 at the I&E Window as Gross Reserve Increases
Thursday, August 4, 2022: The Nigerian Investors and Exporters (I&E) FX Window closed the trading session on a positive note...
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Naira Climbs up to N429.20 at the Investors and Exporters Window
Wednesday, August 3, 2022: The Nigerian Investors and Exporters (I&E) FX Window began the trading session on a positive note...
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Black market speculators suffer heavy losses after naira gains N51/$
Since the start of August, the naira has continued to rise while holding onto its gains amid weak buying pressures...
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Naira Drops to N430.67 at the I&E Window Despite 163% Increase in Liquidity
Tuesday, August 2, 2022: The Nigerian Investors and Exporters (I&E) FX Window began the trading session on a bullish note...
Read moreNaira Bounces Back to N625/$ at the Parallel Market
The concerns about the rate at which the Nigerian naira exchanges for the dollar and the surge of the parallel...
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