Tag: naira depreciation.

The Nigerian government faces a challenging fiscal year in 2025, as the steep depreciation of the Naira threatens the viability ...

The Nigerian Naira continued its decline on Monday, trading at ₦1,675.62 to the US dollar in the official market, according ...

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 ...