Naira appreciates significantly against dollar as FX supply rises
The naira appreciated significantly against the dollar in the foreign exchange market as FX supply surged. FMDQ data showed the…
Category: naira
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Naira appreciates against dollar as FX supply rises
The naira appreciated against the dollar at the official foreign exchange amid a rise in FX supply. FMDQ data showed…
Naira appreciates against dollar as FX supply rises
The naira appreciated against the dollar on Tuesday at the official foreign exchange market. FMDQ data showed that the naira…
Naira depreciates massively as FX supply drops
The naira massively depreciated against the dollar at the foreign exchange market to kick off the week on a negative…
Naira: CBN signs agreement with IFC
The Central Bank of Nigeria (CBN) said it has signed an agreement with the International Finance Corporation (IFC) to boost…
Naira appreciates slightly to end week on positive note
The naira appreciated consecutively against the dollar at the official foreign exchange market to close the week on a good…
Naira drops by N52 against dollar in 48 hours as FX supply plunges
The Naira dropped by N52.24 against the dollar at the foreign exchange market in the last 48 hours as FX…
Naira appreciates significantly to end week on good note
The naira appreciated significantly against the dollar at the foreign exchange market to end the week on a good after…
Naira depreciates further against dollar
The naira further depreciated against the dollar in the foreign exchange market. The FMDQ data showed that the naira again…
Naira loses N106.7 in 48 hours
The naira lost N106.7 against the dollar in the last 48 hours at the official foreign exchange market. This comes…
Naira appreciates massively against dollar to begin week
The Naira strengthened significantly against the dollar at the foreign exchange market on Monday to resume on a good note.…
Naira depreciates against dollar to end week on negative note
The naira depreciated against the dollar at the foreign exchange market to end the week on a negative note. FMDQ…
Naira drops against dollar amid fresh fuel price hike
The naira depreciated significantly against the dollar at the foreign exchange market as the Nigerian National Petroleum Company Limited, NNPCL,…
Naira depreciates against dollar amid FX supply drop
The naira depreciated against the dollar at the foreign exchange market to begin the week as FX supply dropped further.…
Nigerian govt announces kickoff of Naira-for-crude sale with Dangote Refinery
The Minister of Finance, Wale Edun, has announced that the Nigerian government has begun the Naira-for-crude sale deal with Dangote…
Naira appreciates further against dollar to end week on good note
The naira appreciated further against the dollar at the foreign exchange to end the week on a good note. FMDQ…
Naira depreciates massively against dollar after Independence Day
The Naira depreciated significantly against the Dollar at the foreign exchange market upon resumption of trading after Nigeria’s 64th Independence…
Naira drops against dollar ahead of Nigeria’s 64th Independence Day holiday
The naira depreciated slightly against the dollar at the foreign exchange market ahead of Nigeria’s 64th Independence Day holiday on…
Naira slumps massively against dollar in response to CBN’s interest rate hike
The naira crashed massively against the dollar in the foreign exchange market amid the Central Bank of Nigeria’s fifth interest…
Naira depreciates as dollar supply drops on Monday
The naira depreciated against the dollar at the foreign exchange market to resume the week amid a drop in FX…
CBN: Naira fell by 51.5% against dollar in 12 months under Cardoso
Nigeria’s currency, the Naira depreciated by 51.5 percent against the dollar at the official market in the last year under…
Dollar supply increases by 117% as Naira appreciates at FX market
The supply of the Dollar and other currencies increased by 117 percent at the foreign exchange market as the Naira…
Naira appreciates against Dollar to end week on good note
The Naira appreciated against the Dollar at the foreign exchange market to end the week on a good note. FMDQ…
Dollar supply drops as Naira depreciates on Thursday
The supply of Dollar and other currencies dropped at the foreign exchange market as the Naira exchange rate depreciated on…
Naira to dollar exchange rate records slight depreciation on Thursday
The Naira slightly depreciated against the dollar at the close of trading at the foreign exchange market on Thursday. FMDQ…
Naira appreciates massively against Dollar
The Naira appreciated massively against the dollar at the foreign exchange market on Wednesday, 24 hours after depreciation. FMDQ data…
Naira appreciation: Nigeria’s external reserves surge to $36.881bn – CBN
Nigeria’s external reserves have increased to $36.881 billion as of September 11, 2024, from $36.305bn on August 30. This is…
Dollar-to-Naira exchange rate records N46 gain in last seven days
The Naira recorded a N46.91 gain against the dollar at the official foreign exchange market on a week-on-week basis. FMDQ…
Naira appreciates massively against dollar, ends week on good note
The Naira appreciated massively against the dollar at the foreign exchange market to end the week on a good note.…
Naira fell against dollar to end week on negative note
The naira fell against the dollar on Friday at the official foreign exchange market to end the week on a…
Naira appreciates massively amid first decline in Nigeria’s inflation since 2022
The Naira appreciated massively against the dollar at the foreign exchange market in a swift response to the first decline…
Naira’s depreciation against dollar continues as FX turnover drops on Thursday
The naira continued to depreciate against the dollar at the foreign exchange market at the close of Thursday’s trading. This…
Crude sales in Naira to Dangote Refinery, others will crash petrol price – Marketers
Nigeria’s oil marketers have said the sale of crude oil to Dangote Refinery and other local refineries in Naira would…
Dollar supply drops by 18.26% to $201m as Naira depreciates
Dollar supply at the official foreign exchange market dropped by 18.26 percent to $201 million as the Naira depreciated on…
Naira slumps against dollar first time in two weeks
The naira slumped on Tuesday against the dollar at the official foreign exchange market for the first time in two…
Naira continues to rise against dollar on Monday
The naira continued its appreciation streak against the dollar at the official foreign market on Monday. FMDQ data showed that…
Naira rises massively against dollar to end week on good note
The naira appreciated massively against the dollar at both official and black markets to end the week on a good…
Naira continues to appreciate against dollar at official FX market
The naira continued its appreciation streak against the dollar at the official foreign exchange market. FMDQ data showed that the…
Naira gains against Dollar in black market
The Naira recorded a significant N10 against the Dollar at the black market foreign exchange on Thursday. A Bureau De…
Naira records three-day appreciation streak against dollar
The naira has recorded three consecutive days of appreciation against the dollar at the official foreign exchange market amid the…
Fitch downgrades Dangote Industries Limited over liquidity issues, Naira devaluation
Fitch Rating has downgraded Dangote Industries Limited, DIL, Aliko Dangote’s firm to ‘B+(nga)’ from AA(nga) putting the company on Negative…
Naira slumps significantly against dollar amid hardship protests
The naira recorded a significant depreciation against the dollar in a single day at the foreign exchange market to end…
Naira massively appreciates against Dollar amid nationwide protest
The Naira continued to appreciate against the dollar at the foreign exchange market despite the ongoing nationwide protest against bad…
Naira records lowest exchange rate against dollar in four months
Naira’s depreciation against the dollar reached the lowest mark since March 2024 on Tuesday. FMDQ data showed that the Naira…
Naira continues to depreciate against dollar
The naira continued its decline against the dollar on the foreign exchange market on Monday. FMDQ data showed that the…
‘Naira now worthless’ – Deji Adeyanju on why Nigerians must protest
Activist lawyer Deji Adeyanju has highlighted a reason why Nigerians should join the nationwide protest on August 1. In a…
BREAKING: Tinubu directs NNPCL to sell crude oil to Dangote Refinery in Naira
President Tinubu has ordered the Nigerian National Petroleum Company Limited, NNPCL, to sell crude oil to Dangote Refinery in Naira.…
Halt slide of the Naira — Group to President Tinubu
President Bola Tinubu has been urged to immediately halt the slide of the country’s currency, the Naira. President Tinubu was…
CBN moves to stabilize naira, sells $148m to authorised dealers
The Central Bank of Nigeria, CBN, has revealed that it recently sold a cumulative amount of 148 million dollars to…
Naira slumps against dollar to end week on negative note
The naira slumped further against the dollar to end the week on a negative note. FMDQ data showed that it…