Wednesday, November 29, 2023
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Tag "naira"

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 figure represents N10 or 0.87 percent depreciation compared to the

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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 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 figure represents N15 or 1.35 percent depreciation compared to the

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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

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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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JP Morgan: Naira to trade at N850/$ by year’s end | Oil firms shouldn’t sell FX to CBN

  JP Morgan: Naira to trade at N850/$ by year’s end | Oil firms shouldn’t sell FX to CBN

JP Morgan, a US multinational financial services firm, projected the naira would trade at about N850 to the dollar before

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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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No plans to redenominate naira, says CBN

  No plans to redenominate naira, says CBN

The Central Bank of Nigeria (CBN) says there are no plans to redenominate the country’s legal tender, the naira. The

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Naira falls to record low at I&E window, trades N993/$

  Naira falls to record low at I&E window, trades N993/$

The Nigerian naira tumbled to a record low of N993.83 against the dollar at the investors’ and exporters’ (I&E) window.

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