Tag: U.S. Dollar

On Monday and Tuesday, the local currency traded at N1,451.86 and N1,454.38 respectively.

The naira recorded a 4.3 per cent decline on Tuesday to close at N789.13 per $1

Ecobank Nigeria is particularly susceptible on account of the elevated risk around the capital from its huge impaired loans that ...

Naira recorded losses on the spot market to trade at N464.67 on Wednesday.

Naira extended losses on the spot market to trade at N465.13 per $1 on Wednesday amidst rising debt profile.

Naira weakened by 0.94 per cent to N450.58.

Currency dealers in Abuja said they bought a dollar for N770.00 and sold at N773.00 and above on Wednesday, as ...

Currency traders sold the dollar for as much as N920.

Naira recorded another big fall at the unauthorised window on Monday, but clinched a meagre gain at the spot market.

Analysts expect holders of illicit funds may try to offload cash stacked outside of banks, by buying up scarce dollars, ...

Naira weakened across both the authorised and unauthorised markets on Tuesday.

Naira weakened across both the official and unofficial markets on Friday.

Naira touched an all-time low at the Nafex Window on Wednesday, depreciating 0.11 per cent from N436.00 it traded on ...

Naira fell against the U.S dollar across both the official and unofficial windows on Friday respectively .

Naira clinched a meagre gain against the dollar at the official market on Wednesday

Naira clinched a meagre gain against the U.S dollar by 0.08 % on Friday– strongest rate recorded this week.

Naira fell against the U.S dollar by 0.09 % on Monday.

Naira appreciated by 0.52 at the official market but recorded a slight decline at the unofficial markets on Tuesday.

Naira maintained stability at both the official and unofficial markets on Friday.

Naira, however, weakened in the official market by 0.42 % on Tuesday.

Naira weakened at the official market by 0.66 per cent on Friday.

Some believe the CBN governor's recent threat has helped in fuelling naira's decline.

Naira fell to a new record low against the dollar at the official market by 0.9 per cent on Tuesday.

The currency depreciated further at the parallel market, inching towards the N630 to a dollar rate.

The currency appreciated slightly at the Nafex window after it touched an all-time low in the previous session on Thursday.