naira-dollar
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Naira Hits Record Low Against Dollar: Exchanges at N1,534 in Official Market
The closing exchange rate between the naira and dollar on the official NAFEM market reached N1,534/$1 on Monday, February 12th, 2024, marking the weakest performance ever recorded for the naira…
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Naira Experiences Significant Decline in Official Market, Falls to N1348/$
In apparent reflection of the dollar scarcity plaguing the economy, the Naira yesterday recorded its biggest fall in the official Nigerian Foreign Exchange Market (NAFEM) where it depreciated by 24…
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IPMAN Reveals Marketers Will Purchase Dangote Fuel with Naira
Refined petroleum products from the $20bn Dangote Petroleum Refinery are to be sold in naira and not in the United States dollar as speculated in some quarters, oil marketers clarified…
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Naira Weakens to N1,295/$ in Parallel Market Exchange
The naira yesterday fell to N1,295 per dollar in the parallel market from N1,265 per dollar on Monday. However, the naira depreciated to N878.57 per dollar in the Nigerian Foreign…
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Naira gains at parallel market to N1,165/$
The naira yesterday appreciated to N1,165 per dollar in the parallel market from N1,167 per dollar on Wednesday. However, the naira depreciated to N832.32 per dollar in the Nigerian Foreign…
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