Thursday, May 2, 2024
MARKET UPDATE
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Tag "Niara"

Naira strengthens after ‘yuan swap’

    Naira strengthens after ‘yuan swap’

The naira firmed on Wednesday following the expected Nigeria-China yuan swap announced by the Central Bank of Nigeria (CBN) over the week. Naira firmed from its position around 322 to

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Naira up to 370 as Buhari insists no devaluation

    Naira up to 370 as Buhari insists no devaluation

The naira firmed sharply on Monday to 375 against the dollar on the parallel market, following President Muhammadu Buhari’s insistence that the currency will not be devalued. Speaking at the

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Naira depreciates again, falls to 226/$1

The naira further depreciated against the dollar at the parallel market this week, losing N2 to the dollar on Friday. It traded at N226 to the dollar in Lagos on

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