Naira Under Pressure as U.S. Dollar Strengthens After Fed Rate Cut
The Naira continued to face significant pressure in the parallel market, trading steadily at N1,660/$1 against the U.S. dollar on ...
Tag: Naira
Naira Drops to N1,656 at I&E Window Amid Volatility, Hopes for Recovery Linked to U.S. Fed Decision
The Nigerian naira depreciated further against the U.S. dollar, closing at N1,656.49 on September 17, 2024, at the official Investor ...
Naira Falls Over N100 at Official Market Amid U.S. Interest Rate Speculations
The Nigerian Naira has depreciated significantly against the U.S. dollar, losing more than N100 at the official exchange window. According ...
Naira Strengthens to N1,558 at I&E Window as Nigerian Oil Outperforms Brent
The naira appreciated to N1,558.75 per US dollar at the official Investor and Exporter (I&E) window on Wednesday, September 11, ...
Naira Struggles as Oil Prices Drop Below $70 for the First Time Since 2021
In a significant development for the global energy market, Brent crude oil prices have dipped below $70 per barrel for ...
Naira Appreciates to N1,580.46 at I&E Window, Boosted by CBN Dollar Sale
The Nigerian naira showed significant recovery against the US dollar at the official Investor and Exporter (I&E) window, closing at ...
Naira Depreciation Persists, Approaches N2,000 per Dollar
The naira continues its downward slide in the foreign exchange market, marking its third consecutive day of depreciation as the ...
Naira Hits Six-Month Low, Trading at N1,625.88 per Dollar
The Nigerian naira has fallen to a six-month low, trading at N1,625.88 per dollar in the official Nigerian Autonomous Foreign ...
Naira Weakens Against U.S. Dollar in Final August Trading Session
The Nigerian naira experienced further depreciation against the U.S. dollar during the final trading session of August, reflecting ongoing challenges ...
Naira Rebounds After Brief Plunge Beyond N1,600 Mark in Official and Parallel Markets
The Nigerian naira made a strong recovery on Thursday, August 29, 2024, after briefly crossing the N1,600 mark against the ...
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