$4.60bn Dollar Supply At Official Market Fails To Lift Naira
The naira, Nigeria‘s currency, ended the month weaker, despite a surge in dollar supply amounting to $4.60 billion in the ...
Tag: Naira Depreciates
Naira Weakens Further To N1,520/$ At NAFEM
Having depreciated to N1,478.11 to the dollar on Monday, the value of the naira continued its downward slide on Tuesday ...
Stakeholders Urge Increase In Productivity, Reduced Importation As Naira Loses Steam
As the Naira begins to depreciate again after a few weeks of strengthening, some stakeholders have advised the Federal Government ...
As Naira Depreciates, CBN Jerks Up Customs Exchange Rate By 12.2%
As the Naira depreciated at the Nigerian Autonomous Foreign Exchange Market (NAFEM), the nation's official foreign exchange market, the Central ...
Naira Value Dips 12% In 4 Days As Turnover Rises
The value of the Naira continued to depreciate at the official end of the market, closing on Thursday at N1,309.88 ...
Expert Blames Hoarders, Speculators As Naira Depreciates To N850.22/$1
Naira depreciated at the official market yesterday as it moved from N839.48 to N850.22 at the Nigerian Autonomous Foreign Exchange ...