The naira gained strength against the dollar in the foreign exchange market following the Central Bank of Nigeria’s recent interest rate hike. According to data from...
The naira depreciated by N10.3 against the U.S. dollar at the official window on Wednesday. According to data from the FMDQ Exchange’s official trading platform, which...
The naira experienced a significant decline against the dollar in the foreign exchange market following the Central Bank of Nigeria’s (CBN) fifth interest rate hike, raising...
The naira fell against the dollar in both official and parallel foreign exchange markets, ending the week on a low note. FMDQ data revealed that the...
The Naira appreciated yesterday in the parallel market, strengthening to N1,600 per dollar from N1,615 per dollar on Wednesday. However, in the Nigerian Autonomous Foreign Exchange...
The naira appreciated for the second consecutive day in the foreign exchange market as the turnover of FX supply surged. According to FMDQ data, the naira...