Search Results for: Foreign Exchange Market
- News
Naira appreciates by 2.4% against dollar at official market
On Tuesday, the Naira experienced an appreciation in the official market, trading at N1,630.45 to the dollar. This positive movement…
- Viral Gist
“We sold our cement at N3,500 per bag, but marketers were selling to Nigerians at N8,000 – BUA Chairman Rabiu
AbdulSamad Rabiu, Chairman of BUA Cement, has revealed how his company’s effort to sell cement at a reduced price of…
- News
Naira continues to fall, hits N1510/$ in parallel market
As of Wednesday 27th of June, the Naira declined in the parallel market, dropping to N1,510 per dollar from N1,500…
- News
Naira continues to depreciate at official market
On Wednesday, the Naira slightly dropped at the official market and was trading at N1,421.06 to the dollar. Data from…
- News
Naira slides by 4.6% against dollar at official market
The Naira on Tuesday depreciated at the official market, trading at N1,416.57 to the dollar. Data from the official trading…
- News
Naira slides by 6% against dollar at official market
The Naira took another dip in value at the official market on Monday trading at N1,419.11 to the dollar. Data…
- News
Emefiele refused to accept wise counsel, his removal will stabilise capital, forex markets – Expert
A financial expert, Mr Okechukwu Unegbu, says the suspension of the governor of Central Bank of Nigeria (CBN), Mr Godwin…
- How-To
What is Forex Trading and How Does it Work in Nigeria?
Forex trading, or the foreign exchange market, involves the buying and selling of currencies to profit from changes in exchange…
- News
“We need over N19trillion to complete inherited road projects” — FG
The minister of Works, Engr. David Umahi has revealed that the pressure on Naira in the foreign exchange market, coupled…
- News
Key takeaways from Tinubu’s independence day address
In the early hours of Tuesday, President Bola Tinubu addressed the nation in celebration of Nigeria’s 64th Independence Anniversary. During…
- News
Full text of Tinubu’s 64th Independence anniversary broadcast
TEXT OF NATIONAL BROADCAST BY PRESIDENT BOLA AHMED TINUBU ON THE 64TH INDEPENDENCE ANNIVERSARY OF NIGERIA, OCTOBER 1, 2024 Fellow…
- News
Nigeria’s external reserves rises to $424.68M
Nigeria’s external reserves saw a significant increase of $424.68 million between August 30 and September 10, indicating a positive shift…
- News
Naira hits lowest since March, trades at N1,561.98 / $
On Wednesday, the naira hit its lowest point against the dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEM) window.…
- News
Naira rebounds, gains N28.15 against dollar
The Naira ended April on a positive note, strengthening by N28.15 against the dollar to trade at N1,390.96. Data from…
- News
Naira gains strength against dollar by 0.32%
On Friday, the Naira demonstrated strength at the official market, with a trading rate of ₦1,251.05 against the dollar. Data…
- News
Naira continues to gain against Dollar, hits 1,262/$
On Wednesday, the Nigerian naira sustained its upward trend against the United States dollar, gaining value at both the official…
