Wednesday, May 29, 2024
MARKET UPDATE
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Tag "Nigerian naira"

Naira continues depreciation streak, tumbles to N1,900/$ at parallel market

    Naira continues depreciation streak, tumbles to N1,900/$ at parallel market

The Nigerian naira, on Tuesday, depreciated further to N1,900 to the dollar at the parallel section of the foreign exchange (FX) market. The naira declined by 9.83 percent from the

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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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I&E window: $78m FX deals recorded as naira closes at 770/$

    I&E window: $78m FX deals recorded as naira closes at 770/$

Nigeria’s legal tender, the naira, closed at N770 per dollar at the investors and exporters (I&E) window on Monday, beginning the week on a fragile front as the recent central

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Naira gains 3.6% to trade N540/$1 at parallel market

    Naira gains 3.6% to trade N540/$1 at parallel market

The Nigerian naira has appreciated by 3.6% to N540/$1 at the parallel market — almost four months after the Central Bank of Nigeria (CBN) stopped FX sales to Bureaux De

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Naira hits all-time low at official market, trades at N422/$1

  Naira hits all-time low at official market, trades at N422/$1

The Nigerian naira has dropped by 2 percent to N422 per dollar, hitting an all-time low at the Nigerian autonomous

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Naira stable, trades N570/$1 at parallel market weeks after CBN/abokiFX row

  Naira stable, trades N570/$1 at parallel market weeks after CBN/abokiFX row

Nigerian naira on Monday opened the week’s trading at N570 per dollar at the market – as vice president Yemi

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Naira appreciates to N493/$1 at parallel market

  Naira appreciates to N493/$1 at parallel market

The naira, on Thursday, appreciated by 1.8 percent to N493 to a dollar at the parallel market as the Central

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Naira hits N502/$1 at parallel market

  Naira hits N502/$1 at parallel market

The naira, on Friday, fell at the parallel market to N502 to the dollar as speculations continue to hamper forex

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