The Nigerian naira on Friday recorded its steepest daily depreciation against the US dollar at the official foreign exchange market, closing the week on a... Read More
Dollar
Five Smart Ways To Insure Your Finance as a Nigerian Living in Nigeria
2 min read
Share with friends:
In this current era of financial uncertainty in Nigeria, the importance of smart financial strategies cannot be overstated. Whether you’re an investor, entrepreneur, or someone... Read More
The USD (greenback) continued it 3 week losing streak as the dollar index ($DXY) kept dropping during last week’s trading sessions. A rate hike pause... Read More
UPDATED: EFCC raids Bureaux de Change as naira dips against the dollar
1 min read Share with friends:
EFCC operatives on Friday raided Wuse Zone 4, home to most bureaux de change in Abuja. The raid, conducted on other locations across the country,... Read More
The Naira, on Thursday, exchanged at 420.33 to the dollar at the Investors and Exporters window, compared to 419.25 traded on Wednesday, representing 0.26 per... Read More
Appraising the EUR/USD – Why is it the Most Popular Currency Pair in the World?
3 min read Share with friends:
Not all currencies and currency pairs have been created equal, which should come as no surprise given that there are around 170 assets of this... Read More
Kremlin spokesman Dmitry Peskov has said that the process of abandoning the use of the dollar is visible. Peskov said this when asked about the... Read More
The dollar extended gains against most currencies on Thursday as a stock market rout triggered by concerns about excessive valuations boosted safe-harbour demand for... Read More
South Sudan said it had reversed its plans to introduce a new currency as the pound continues to depreciate against the U.S. dollar and other... Read More
(CBN) has decried the activities of speculators in the foreign exchange market as the Naira took a Plunge... Read More
The Naira on Monday gained N5 to close at N435 to the dollar at the parallel market in Lagos. SEE ALSO: Nigerians React as Naira... Read More
The dollar steadied against major currencies on Friday as traders awaited key U.S. jobs data that will shed light on the strength of economic recovery... Read More
The Naira on Thursday gained one point to appreciates against the dollar at the parallel market in Lagos. The News Agency of Nigeria, (NAN)... Read More
Barely 24 hours the Naira was forced to a downward trajectory by dollar scarcity, it bounced back, closing at N477 to a dollar at the... Read More
The dollar inched ahead on Wednesday, as a jump in U.S. yields pushed it higher against the Japanese yen, while the kiwi briefly hit a... Read More
The dollar fell in Asia on Wednesday, hitting a five-month low on the yuan. SEE ALSO: U.S. Stocks Sell off, 10-Year Government Yields Hit New... Read More
The Naira on Monday gained marginally to the dollar at the Investors and Exporters (I &E) window closing at N389.25 to a dollar as against... Read More
Oil prices edged higher on Monday, helped by a weak dollar and expected U.S. stimulus measures but gains were capped by rising global coronavirus cases... Read More
The dollar crept off milestone lows against other majors, on Thursday, and held on to gains against the yuan, as heightened Sino-U.S. tensions kept currency... Read More
The Naira on Tuesday exchanged at N472 to a dollar at the parallel market in Lagos, the News Agency of Nigeria (NAN) reports. SEE ALSO:... Read More
The dollar fell against most currencies on Thursday as a rally in riskier assets such as global equities and commodities put a dent in safe-haven... Read More
Naira Falls To N445 Per U.S Dollar In the Parallel Market Amid Forex Scarcity
1 min read Share with friends:
The Nigerian Naira exchanged at N445 per U.S Dollar at the parallel market amid an acute shortage of Forex on Monday. This development is seen... Read More
COVID-19. More woes as the Naira falls to N450 to 1 Dollar amid FX scarcity
2 min read
Share with friends:
Nigeria faces another major setback amidst the Covid-19 pandemic as the Naira plummets further to 450 naira per dollar in the parallel market on... Read More
Leading global investment bank, Goldman Sachs says the naira’s current valuation of N369/$1 is unrealistic and unsustainable. It said the naira should be trading at... Read More
The Naira on Thursday gained marginally to the dollar at the parallel market in Lagos, exchanging at N358.5 to the dollar. The Pound Sterling and... Read More
The Naira on Monday traded at N359.3 to the dollar at the parallel market in Lagos. The Pound Sterling and the Euro closed at N463... Read More
The Naira mysteriously appreciated on Google Search yesterday, making one dollar equal to 184 Naira. This came as a shock to many Nigerians as the... Read More
The dollar held at a near three-week high on Tuesday as investors sought the relative safety of the U.S. currency after the International Monetary Fund... Read More
The dollar held at a near three-week high on Tuesday as investors sought the relative safety of the U.S. currency after the International Monetary Fund... Read More
The euro and the Japanese yen gained in thin trading on Monday as concerns about a partial U.S. government shutdown weighed on investor sentiment and... Read More
Share with friends: