Currencies
Nigeria’s Currency Loses 85 Naira to the Dollar Between January and July 2022 at the Parallel Market
The currency of Africa’s largest economy has been on a downward trajectory since the beginning of the year 2022. It...
Read more
Naira Slumps to N640/$1 in the Parallel Market as Excess Demand Weighs on Supply
Wednesday, July 20, 2022: The downswing in the value of the naira was so severe yesterday as the currency hit...
Read more
Naira Takes an Uptick to N424.17/$1 at the Investors and Exporters Window as Trade Closes on a Bullish Note
Tuesday, July 19, 2022: The Nigerian Investors and Exporters (I&E) FX Window closed yesterday’s trading session on a bullish note...
Read more
Naira Climbs Up to N429.12/$1 at the Investors and Exporters (I&E) Window
Monday, July 18, 2022: The Nigerian Investors and Exporters (I&E) FX Window opened the trading session on a bullish note...
Read more
Naira Hits N430.33/$1 at the Investors and Exporters (I&E) Window as Demand for the Greenback Remains Unmet
Friday, July 15, 2022: The Nigerian Investors and Exporters (I&E) FX Window closed yesterday’s trading session on a bearish note...
Read moreNaira Falls to N421.58/$1 at the Investors and Exporters (I&E) Window as Trading Closes on a Bearish Note
Wednesday, July 13, 2022: The Nigerian Investors and Exporters (I&E) FX Window closed yesterday’s trading session with the Naira slipping...
Read moreNaira Shrinks Further, Drops by 0.43% at the Investors and Exporters (I&E) Window
Thursday, July 5, 2022: The Nigerian Investors and Exporters (I&E) FX Window closed yesterday’s trading session on a bearish note...
Read more
Naira Drops by 1.7% Against the Dollar at the Investors and Exporters (I&E) Window
Tuesday, July 5, 2022: The exchange rate between Naira and the US Dollar closed at N430/$1 at the Investors and exporters...
Read more
IMF says Forex premium in the black market limits the benefits of increased exports
The International Monetary Fund (IMF) has stated that improving trade balanceis having a limited impact on Foreign Exchange (FX) strains...
Read more
US Federal Reserve says rate hike is not meant to induce recession
After intensifying interest rate hikes, Federal Reserve Chairman, Jerome Powell indicated on Wednesday that the central bank hopes to prevent...
Read more
Popular Story
States and FCT Collect N2.64 Trillion in PAYE as Payroll Taxes Surge
Kakao Pay Cuts IPO to $1.3 Billion As Valuation Concerns Grow
PayPal to acquire buy now pay later firm Paidy in $2.7B deal
OPay Estimates 57.4% Share of Nigeria’s Digital Loan Disbursements in 2025
Jeff Bezos Climbs to World’s Second-Richest as Fortune Surges $122 Billion
