Currencies
FX Supply Crisis Weakens the Naira to N421.50/$1 at Official I&E Window
On Monday, the 16th May 2022, The Nigerian naira closed at N421.50/$1 to the dollar at the official Investors and...
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Naira depreciates in all FX Markets: Naira hits N600/$1 at B2B market
On Thursday, the 12th May 2022, The Nigerian naira closed at N420/$1 to the dollar at the official Investors and...
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Naira hits N595/$1 at the Parallel market amidst FX supply deficit
On Wednesday, the 11th of May 2022, The Nigerian naira closed at N418.75/$1 to the dollar at the official Investors...
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Naira hits N594/$1 at the parallel market
On Tuesday, 10th May 2022, the foreign reserves further declined by 0.15% to $39.16 billion as of Monday, 9th May,...
Read moreNaira Exchanges at N600/$1 at P2P Market as FX turnover falls significantly to a one-month low at the I&E window
On Monday, 9th May 2022, the foreign reserves further declined by 0.15% to $39.31billion as of Friday, 6th May, 2022,...
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USD Appreciates at I&E Window while the Euro depreciates against the local currency
On Friday, the 6th May 2022, The Nigerian naira closed at N417.00/$1 to the dollar at the official Investors and...
Read moreUSD depreciates in the I&E Window as Foreign Reserves fall Massively to $39.43billion, while the British Pounds appreciate against the Nigerian Naira
On Thursday, the 5th May 2022, The Nigerian naira closed at N419.00/$1 to the dollar at the official Investors and...
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Investors are flocking to buy USDT in anticipation of the bitcoin drop
Now might be a good time to buy USDT as bitcoin is expected to plunge below $38,000 and test $32,000...
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British Pounds rebound as dollar surge gives in
On Tuesday, the British Pound rose, recording an upward trend after a 21-month low against the dollar as traders took...
Read moreUSD Falls Toward N600/$1 at the B2B Market as $146 million FX Exchanged Hands, While the British Pounds Appreciate Against the Nigerian Naira
On Wednesday, the 28th of April 2022, The Nigerian naira closed at N418.50/$1 to the dollar at the official Investors...
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