The Nigerian currency, the Naira, experienced a significant depreciation yesterday, dropping to ₦1,365 per dollar in the parallel market from ₦1,320 per dollar on Tuesday. Naija...
Seplat Energy Plc said it has released the applicable exchange rate used in determining its final and special dividend payout to qualified shareholders who wish to...
The Nigerian naira traded near its April low, while the dollar index approached a six-month high as anticipation of a Federal Reserve meeting kept traders largely...
The naira regained strength against the haven currency over the weekend, breaking below the N1,300 resistance level at the parallel market, to settle at N1270-75 against...
Foreign portfolio inflows into Nigeria’s Stock Market (NGX) reached N93.37 billion in the first quarter of 2024, marking a 415% increase compared to the same period...
Nigeria’s official exchange rate fell to a month to date low of N1,300/$1 on Tuesday April 23, 2024 according to data from the FMDQ, where the...
A force which the global financial markets was not prepared for in 2024 is already affecting them: The dollar is strong again and seems to be...
Despite the Naira’s recent gains against major foreign currencies, prices of goods and services in Nigeria are unlikely to decrease anytime soon. This is because the...
The Nigerian Naira has depreciated in value at the official market, with the exchange rate falling to N1,309.39 to a dollar, according to the latest data...
The Nigerian currency, the naira, experienced a notable appreciation in value, reaching N1,350 per dollar in the parallel market, a sharp rise from N1,430 per dollar...
The Euro to Naira exchange rate in the black market has reached a new high, with the rate standing at N1,559.767 on March 25, 2024. This...
Nigerians are expected to heave a sigh of relief in the coming days as the Central Bank of Nigeria (CBN), on Tuesday, reduced the Foreign Exchange...
Renowned global financial analyst, Goldman Sachs, has projected that the price of the dollar to the naira will soon drop to N1200. Naija News reports that...
What is the Pounds to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Pounds to...
What is the Pounds to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Pounds to...
What is the Pounds to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Pounds to...
What is the Pounds to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Pounds to...
A currency becomes weak if a country’s exchange rate is regressing as a result of internal policies, inflation and the bad economic situation. The value of...
Senator Ali Ndume has said the federal government is not losing out from the naira depreciation against the dollar, but rather gaining more revenue to fund...
The Central Bank of Nigeria (CBN), on behalf of the federal government, has increased the exchange rate for cargo clearance to N1,605/$. Since President Bola Tinubu...