financial markets

BREAKING: Naira appreciates against dollar in parallel marketBREAKING: Naira appreciates against dollar in parallel market

BREAKING: Naira appreciates against dollar in parallel market

The Nigerian Naira has continued its upward trend against the U.S. dollar in the parallel foreign exchange market. On Thursday,…

3 weeks ago
Naira crashes to N1,540/$ at official rateNaira crashes to N1,540/$ at official rate

Naira crashes to N1,540/$ at official rate

The naira weakened against the dollar on Friday in the foreign exchange market, ending the week on a downward trend.…

3 months ago
Bitcoin hits $80,000 for first time as Trump’s win sparks crypto optimismBitcoin hits $80,000 for first time as Trump’s win sparks crypto optimism

Bitcoin hits $80,000 for first time as Trump’s win sparks crypto optimism

Bitcoin is nearing the $80,000 mark for the first time, fueled by President-elect Donald Trump's positive stance on digital assets…

4 months ago
Dollar surges, Bitcoin hits record as Trump wins US electionDollar surges, Bitcoin hits record as Trump wins US election

Dollar surges, Bitcoin hits record as Trump wins US election

The dollar surged, and bitcoin hit a record high Wednesday as traders reacted to Donald Trump's projected wins in two…

4 months ago
Naira appreciates by 2.4%, hits N1,630 to Dollar at official marketNaira appreciates by 2.4%, hits N1,630 to Dollar at official market

Naira appreciates by 2.4%, hits N1,630 to Dollar at official market

The Naira appreciated in the official market, trading at N1,630.45 to the dollar on Tuesday. According to data from the…

5 months ago
Naira appreciates to N1,552 in NAFEM, parallel market at N1,680Naira appreciates to N1,552 in NAFEM, parallel market at N1,680

Naira appreciates to N1,552 in NAFEM, parallel market at N1,680

The Naira appreciated to N1,680 per dollar in the parallel market yesterday, compared to N1,690 per dollar over the previous…

5 months ago
Naira crashes after CBN’s fifth interest rate hike to 27.25%Naira crashes after CBN’s fifth interest rate hike to 27.25%

Naira crashes after CBN’s fifth interest rate hike to 27.25%

The naira experienced a significant decline against the dollar in the foreign exchange market following the Central Bank of Nigeria's…

6 months ago
Naira appreciates to N1,600 in parallel market, depreciates in NAFEMNaira appreciates to N1,600 in parallel market, depreciates in NAFEM

Naira appreciates to N1,600 in parallel market, depreciates in NAFEM

The Naira appreciated yesterday in the parallel market, strengthening to N1,600 per dollar from N1,615 per dollar on Wednesday. However,…

7 months ago