NAIRA
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News Africa
Why the Naira will be stable in 2025
A recent report by Bayo Adedipe and Associates suggests the Naira will settle at N1,574/$1 in 2025. For context, the…
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Finance
Naira stumbles further against dollar
The naira continued its decline against the dollar at the official foreign exchange market on Monday. FMDQ data showed that…
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News Africa
Naira trades at new rates in official window as Nigeria’s FX reserves grows
The Nigerian currency, the naira, traded lower in the FX market on Tuesday, December 24, 2024, depreciating marginally to N1,540.65…
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News Africa
Again, traders crash dollar exchange rate as naira appreciates
The Nigerian currency continued to strengthen in value against the US dollar in various currency market segments. According to data,…
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News Africa
Naira sinks, data shows CBN foreign payments jump by 11%
The naira dropped week on week in the foreign exchange market due to various contending market dynamics. The battle to…
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News Africa
Naira weakens to 1,705/$ at parallel market
The value of the naira depreciated at the unofficial market on Wednesday as it traded at 1,705/dollar, according to Bureau…
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News Africa
Naira appreciates slightly as FX liquidity shortage eased
The naira exchange rate improved slightly in the forex market amidst rumour, expectation that the Central Bank of Nigeria (CBN)…
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News Africa
Nigeria to set Naira for Dangote crude sales using market rate
Nigeria will settle crude sales to Africa’s newest and biggest oil refinery using the local currency’s rate in its foreign-exchange…
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Finance
Here are the two factors that will stabilise Naira to Dollar as analysts project new rate – report
The second half of this year is expected to see the naira exchange between N1,423.26 and N1,550, according to a…
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News Africa
Dollar crashes as Naira gains almost N100 in official and parallel markets
After several days of losses, the naira recovered against the US dollar for the second time in a week. The…
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