As Nigeria prepares for a new president-elect to take office, the country's stockbrokers have called on the incoming leader to take swift action to unify the exchange rate in the country.The call come...
The inflation rate in Nigeria currently stands at 20.77%, a 17-year high and an all-time high since 2005. The weakening economy and the global oil crises are the main causes of ...
Experts have cautioned that an increase in political activity will make the naira crisis worse. The currency's value has continued to fluctuate on several markets, and analysts are conc...
Tuesday, March 29th, 2022: At the official Investors and Exporters (I&E) window, the naira and the US dollar exchange rate closed at N417/$1. On Tuesday, March 29th, 2022, the I&E window e...
Nigeria's Exchange rate is at risk of crossing N600/$1 at the unofficial FX Market, as foreign investors that were given their dividends for the 2021 financial year seek to repatriate their ea...
Foreign investors who were paid dividends for the 2021 financial year wish to repatriate their money, putting Nigeria's exchange rate at risk of exceeding N600/$1 on the unofficial FX market. On th...
Wednesday, March 23, 2022: At the official Investors and Exporters (I&E) window, the exchange rate between the naira and the US dollar closed at N417/$1, unchanged from the previous day. On Wed...
As of Tuesday, March 22nd, 2022 At the official Investors and Exporters (I&E) window, the naira and the US dollar exchange rate closed at N417/$1, the lowest level since January 4th, 2022. On T...
Naira falls to N580/$1 at black market as demand for FX surges On Monday, February 28th, 2022, the Investors and Exporters window's exchange rate ended at N416.67/$1, a 0.16 percent devaluation ...
Nigeria's new forex plan aims for $200 billion in inflows Nigeria's central bank has devised a new strategy to entice $200 billion in foreign dire...