The Nigerian naira has continued its downward spiral against the United States dollar in the official foreign exchange market, despite recent...
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In a bid to address mounting pressure on the naira and stave off a potential foreign exchange crisis, Nigeria’s central bank has announced plans to conduct a retail dollar auction next week. This move comes in response to increasing foreign exchange (FX) demand that has been straining the local currency’s stability. Thank you for reading […]
The Nigerian naira has continued its downward spiral against the United States dollar in the official foreign exchange market, despite recent...
EManufacturers Association of Nigeria has urged Central Bank to reduce interest rates, waive foreign exchange conditions to boost local production.
Nigeria’s Forex Reserves has Dipped By $505.68 Million In August. The Genius Media Nigeria reports that Nigeria’s foreign exchange (FX)...
The local currency's decline worsened yesterday, with the naira falling to N1,639.41 per dollar at the official exchange rate. The figure yesterday...
The local currency's decline worsened yesterday, with the naira falling to N1,639.41 per dollar at the official exchange rate. The figure yesterday...
Despite a rise in remittances and other foreign inflows, Nigeria’s naira has depreciated sharply against the dollar. The naira lost 50.80% of its...
The Nigerian currency, the naira, experienced an appreciation against the United States Dollar in the foreign exchange market, coinciding with an...
Officials from the Central Bank of Afghanistan have announced that over the past year, the currency’s value has increased by 17.25% against the U.S....
The foreign exchange (FX) market closed August with the naira depreciating by 1.79% against the dollar. The naira ended the month at N1,598.56, down...
Naira Bounces Back Against US Dollar After Rise In GDP in presently trending in the media space. The Genius Media Nigeria report that The...