Wednesday, May 1, 2024
MARKET UPDATE
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Tag "Dollars"

Naira continues free fall, trades at N1,425 at parallel market

    Naira continues free fall, trades at N1,425 at parallel market

The naira, on Friday, continued its free fall, dropping to N1,425 at the parallel section of the foreign exchange market. The current FX rate represents a 0.71 percent or N10

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Naira continues free fall, drops to N1,365/$ at parallel market

    Naira continues free fall, drops to N1,365/$ at parallel market

The Nigerian naira, on Tuesday, continued its downward spiral, dropping to N1,365 per dollar at the parallel section of the market. The figure represents a N35 or 2.63 percent depreciation

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Naira depreciates by 4%, drops to N1,035/$ at official market

    Naira depreciates by 4%, drops to N1,035/$ at official market

Naira, on Wednesday, hit N1035.12 per dollar at the official market, also known as the Nigerian Autonomous Foreign Exchange Market (NAFEM) window. The foreign exchange (FX) rate movement represents a

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Naira appreciates by 13%, ends 2023 at N907/$ at official market

    Naira appreciates by 13%, ends 2023 at N907/$ at official market

The naira, on Friday, gained against the dollar at the official foreign exchange (FX) market, known as Nigerian Autonomous Foreign Exchange Market (NAFEM). Data from FMDQ Securities, a platform that

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Naira tumbles to all-time low, trades at N1,099/$ at official market

  Naira tumbles to all-time low, trades at N1,099/$ at official market

The Nigerian naira tumbled to an all-time low of N1,099 against the dollar, on Friday, at the country’s official exchange

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US customs seizes undeclared $68k cash from Nigeria-bound family  

  US customs seizes undeclared $68k cash from Nigeria-bound family  

The United States Customs and Border Protection (CBP) officers, on Thursday, seized $68,000 from a Nigeria-bound family who lied about

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Naira falls to N1,175/$ at parallel market

  Naira falls to N1,175/$ at parallel market

The naira, on Thursday, depreciated to N1,175 per dollar at the parallel section of the market.  The rate is a

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Naira depreciates by N10 to N1,160/$ at parallel market

  Naira depreciates by N10 to N1,160/$ at parallel market

The naira, on Thursday, weakened to N1,160 per dollar at the parallel section of the foreign exchange (FX) market. The

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Naira shrinks to N1,135/$ at parallel market

  Naira shrinks to N1,135/$ at parallel market

The naira on Wednesday weakened to N1,135 per dollar at the parallel section of the foreign exchange (FX) market. The

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Naira strengthens, trades at N736/$ at I&E window

  Naira strengthens, trades at N736/$ at I&E window

The naira, on Thursday, appreciated to N736.62 per dollar at the investors and exporters (I&E) window. The I&E window is

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