Tag: naira depreciation.

The Nigerian naira has hit a multi-week low, failing to sustain its ₦1,650/$ support level in the official market. At ...

Fitch Solutions has projected that the Nigerian naira will continue its decline, potentially reaching N1,993 per US dollar by 2028. ...

Nigeria's net foreign exchange (forex) inflows surged by $17 billion in the second quarter of 2024, marking a 49.39% increase ...

Dollar trading volume surged by 63% in the Nigerian Foreign Exchange Market (NAFEM) during October, with turnover reaching $5.4 billion ...

The devaluation of the naira under President Bola Tinubu’s administration in 2023 has led to both gains and setbacks in ...

The Nigerian naira has broken the N1,650/$ threshold in the official foreign exchange market, reflecting ongoing volatility in the country’s ...

On October 11, 2024, the Nigerian naira weakened against the U.S. dollar, closing at N1,641.27 in the official Investor and ...

The exchange rate for customs duty collection in Nigeria has decreased to N1,637 per US dollar, marking a slight improvement ...

The Nigerian naira has experienced a notable decline against the US dollar, reversing some of the gains recorded in recent ...

In the one year since Yemi Cardoso assumed office as Governor of the Central Bank of Nigeria (CBN), the naira ...