as supply outstrips demand on CBN EFEMS The naira recorded a huge gain against the US dollar at the parallel market, hitting N1640/$1, at the close of business on Wednesday, December 4, 2024. This represents a 5.2% or N90 gain against the dollar when compared to the N1730 that was recorded the previous …
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THE Naira on Monday depreciated at the official market trading at N1,675.62 against the dollar. Data from the official trading platform of the FMDQ Exchange, revealed that the Naira lost N23. This represents a 1.39 percent loss when compared to the previous trading date on Friday, Nov. 22 when it …
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THE Naira on Thursday appreciated at the official market trading at N1,658.67 against the dollar. Data from the official trading platform of the FMDQ Exchange, revealed that the Naira gained N28.85 . This represents a 1.7 percent gain, compared to the previous trading date on Wednesday when it exchanged at …
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The Naira appreciated on Tuesday at the official market, trading at N1,678.93 against the dollar and recovering from a three-day trading loss. Data from the official trading platform of the FMDQ Exchange, revealed that the Naira gained N11.44. This represents a 0.67 per cent gain when compared to the previous …
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THE Naira on Tuesday appreciated at the official market, trading at N1,630.45 to the dollar. Data from the official trading platform of the FMDQ showed that this represents a 2.40 per cent gain when compared to the previous trading date on Monday, when it exchanged at N1,670.65 to a dollar. …
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THE naira traded at the rate of N1570.99 against the United States dollar at the official market on Monday, August 12, 2024. Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), showed that the naira gained N18.18. Court …
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The Naira depreciated by over 40 percent in the half quarter of 2024 at the foreign exchange market. The FMDQ data showed that the Naira weakened to N1505.30 per dollar on Friday from between N896.6 and N907.11 it closed on 29th December 2023. The figure showed that the Naira had …
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THE naira, on Thursday, June 13, 2024, slightly depreciated at the official market trading at N1,476.24 to the dollar. Data from the official trading platform of the FMDQ Exchange revealed that the naira lost N2.58. This represents a 0.17 per cent loss when compared to the previous trading date on …
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THE Naira on Tuesday depreciated at the official market, trading at N1,300.15 to the dollar. Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), revealed that the Naira lost N65.66. This represents a 5.3 per cent loss when …
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THE Nigerian Naira saw a significant appreciation against the US dollar on Friday, as it strengthened in both the official and parallel segments of the foreign exchange (FX) market. In the parallel market, the currency appreciated to ₦1,150 per dollar, marking a 0.86 percent increase from ₦1,160 recorded on April 11. …
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