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, ...
Tag: dollar
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/$ ...
Naira Depreciates by 8.97% Despite Afreximbank’s $2.25 Billion Injection
In a tumultuous start to the New Year, the Nigerian naira experienced a sharp decline, tumbling by 8.97% against the ...
Nigerian Naira Surges 3.71% Against Dollar Amid Increased Liquidity
The official foreign exchange (FX) market in Nigeria witnessed a notable surge in dollar liquidity on Tuesday, leading to a ...
Naira Falls To N847/$ in the Official CBN Rate
The exchange rate between the Nigerian naira and the United States dollar witnessed a sharp fall on Tuesday, hitting N847/$1. ...
Naira Dropped by 1.48 Percent at I&E Window.
The Nigerian Naira witnessed a decline of 1.48 percent on Wednesday, despite a boost in dollar liquidity in the official ...
Gold Inches Up as Dollar Softens Ahead of U.S. Inflation Data and Fed Policy Decision.
Gold prices experienced a slight uptick on Tuesday as the dollar weakened, although the precious metal remained within a narrow ...
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