Sunday, December 3, 2023
MARKET UPDATE
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Tag "dollar"

Naira continues free fall, depreciates by 11% to N927.19/$ at official market

    Naira continues free fall, depreciates by 11% to N927.19/$ at official market

The naira, on Friday, depreciated marginally to N927.19 per dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEM), the country’s official exchange rate window. The rate represents a decline of

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Naira appreciates to N780/$ at official market

    Naira appreciates to N780/$ at official market

The naira, on Friday, closed at N780.14 per dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEM), the country’s official exchange rate window. The rate represents a recovery of 21.73

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Naira appreciates further, trades N1,025/$ at parallel market

    Naira appreciates further, trades N1,025/$ at parallel market

The naira, on Monday, appreciated further at the parallel section of the foreign exchange market to N1,025 a dollar. This represents an appreciation of N15 or 1.44 percent compared to

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ABCON says naira now N980/$ at parallel market, cites dollar liquidity

    ABCON says naira now N980/$ at parallel market, cites dollar liquidity

Aminu Gwadabe, the president of the Association of Bureaux De Change Operators of Nigeria (ABCON), said the naira continued its appreciation streak against the dollar, strengthening to N980/$ in the

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Naira strengthens against dollar, trades N786/$ at official window

  Naira strengthens against dollar, trades N786/$ at official window

The naira, on Wednesday, appreciated further at the Nigerian autonomous foreign exchange market (NAFEM). The NAFEM window is the country’s

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Naira reverses two-day rally, falls to N1,185/$ at parallel market

  Naira reverses two-day rally, falls to N1,185/$ at parallel market

The naira, on Tuesday, depreciated to N1,185 per dollar at the parallel section of the foreign exchange (FX) market. Naira

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Naira appreciates to N1,150/$ at parallel market as ‘FX scarcity wanes’

  Naira appreciates to N1,150/$ at parallel market as ‘FX scarcity wanes’

The naira, on Monday, appreciated further at the parallel section of the market to N1,150 a dollar.  This represents an

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Naira appreciates 6% against dollar, sells at N1,230 in parallel market

  Naira appreciates 6% against dollar, sells at N1,230 in parallel market

The naira appreciated to N1,230 per dollar at the parallel section of the foreign exchange market on Friday. This represents

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Will the naira ever come back to 700 per dollar? Here are some answers

  Will the naira ever come back to 700 per dollar? Here are some answers

A few years ago, I asked my boss how he has been able to write about Nigeria year in, and

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‘Dollar scarcity now scary’ — naira slumps to N1,225/$ at parallel market

  ‘Dollar scarcity now scary’ — naira slumps to N1,225/$ at parallel market

The naira, on Monday, continued its depreciation streak at the parallel section of the foreign exchange (FX) market. The local

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