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The difference between the official and parallel market exchange rates of the naira has narrowed, as the currency continues ...
The naira on Tuesday closed flat across foreign exchange (FX) markets following reduced demand and improved liquidity as the ...
For the second day, the Nigerian currency, the naira slumped against the dollar at the official foreign exchange market on ...
Nigeria’s external reserves declined significantly by about $1.19 billion in the last three weeks plus. This is according to ...
Nigeria’s foreign exchange (FX) reserves declined significantly by $1.16 billion in January 2025, wiping out the $592.58 million gain recorded ...
Conversely, at the parallel foreign exchange market, the Naira retained its position at N1,610 per dollar on Monday, ...
The Nigerian Exchange demonstrated resilience in 2024, with the All-Share Index posting a 37.65% year-to-date gain.
Ghana, compared to Nigeria, appears to have stronger growth prospects. Its economy grew by 4.7% year on year in the first quarter of 2024, driven by rapid 6.8% year-on-year growth in the industrial ...
Data from the FMDQ Security Exchange official forex trading platform revealed that the Naira lost N20.82. This represents a 1.4 per cent loss when compared to the previous trading day on Friday, Jan.
The Nigerian naira has experienced a decline of N20.82 against the US dollar, reversing its two-month streak of steady ...
Recently, the Naira has appreciated to ₦1,640 per dollar in the parallel market, strengthening from ₦1,655 recorded on Monday ...