The Naira, on Tuesday, appreciated to N1,270 per dollar in the parallel market, from N1,290 per dollar last week Thursday. Vanguard reported the Naira also appreciated in the NAFEM to…
Dollar
Oil Marketers ask President Tinubu to peg forex rate at 2024 Budget benchmark
Oil marketers under the aegis of the Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) have pleaded with the President, Bola Ahmed Tinubu to peg the exchange rate of…
The foreign exchange crisis worsened on Thursday as the local currency further depreciated, exchanging at N1,600 to a dollar at the parallel market, findings by Daily Trust have shown. Naira…
Naira: Speculators Hoarding Dollars Will Be Shocked With Policies Underway Claims Presidency
The presidency has disclosed that President Ahmed Bola Tinubu’s administration is working on policies that will strengthen the Naira. A Special Adviser to the President on Economic Matters, Dr Tope…
Unstable Naira Opens At One Thousand Twenty Naira Per Dollar On Monday
As rally pauses on the parallel market, also known as the black market, the foreign exchange market opened on Monday with the naira/dollar exchange rate quoting at one thousand twenty…
Naira Rebounds As CBN Clears Forex Debt Backlog
The naira has risen to one thousand one hundred and twenty naira against the dollar as the foreign exchange market reacted to news that the Central Bank of Nigeria has…
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