Banks Sell $172 Million as CBN and EFCC Combat Currency Speculators
In a bid to curb the activities of currency speculators and stabilize the exchange rate, Nigerian banks have sold approximately ...
Tag: dollar
Naira Resilience: Forex Sales Dip as Demand Surges
In a week marked by fluctuating forex dynamics, the Nigerian Naira showcased its resilience amidst shifting market conditions. Despite a ...
Naira Hits Historic High Against US Dollar Trading at N1610/$
In a significant development, Nigeria's currency, the Naira, soared to a historic high against the US dollar, reaching N1,607 in ...
Naira Plunges to N1,534 Against Dollar on Official Market
In a disheartening development for Nigeria's economy, the national currency, the naira, hit an unprecedented low against the dollar on ...
Naira Weakens at Official Market as Banks Sell $584 Million
The official Nigeria Autonomous Foreign Exchange Market witnessed a surge in foreign exchange transactions, reaching a staggering $584 million, as ...
Dollar Supply Soars by 180% Following CBN Interventions
In a resounding turn of events, the official foreign exchange market in Nigeria witnessed a remarkable surge in dollar supply, ...
Naira Surges Overnight: Jumps from 1550 to 1400 Against the Dollar – Reasons Behind the Surge
In a surprising turn of events, the Nigerian Naira has undergone a notable resurgence in the foreign exchange market, swiftly ...
Naira Hits All-Time Low Against Dollar as Experts Warn of Economic Fallout
The Nigerian naira witnessed a significant decline, reaching an unprecedented low of N1,482 against the United States dollar at ...
Naira Appreciates to N891.90/$1 at Official Market
Naira recorded a significant gain against the United States Dollar at the official market on Friday, January 26, 2024. The ...
Naira Hits Drops to N1300/$ at the Parallel Market, Calls for National Concern
Naira recorded a further depreciation against the US Dollar on Tuesday, January 16, 2024, reaching a new low of N1300/$ ...
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