Tag: FX

Naira Value Rises by...

Naira Value Rises by 4.5% Amidst FX Backlog Payment The Nigeria naira value rose by more than 4.5% on Thursday at the Investors and Exporters foreign...

Naira Depreciates for 3-Day...

Naira Depreciates for 3-Day over Rising FX Demand For three days straight, the Nigerian naira has been losing its buying power amidst the foreign currency crisis...

Naira Drops to N776.50...

The Nigerian local currency, the Naira, lost the fight against the dominant foreign currency ... The post Naira Drops to N776.50 over Weak FX Supply appeared first...

Naira Devaluation Deepens Economic...

The Central Bank of Nigeria(CBN) recent naira devaluation has deepened the economic crisis The post Naira Devaluation Deepens Economic Crisis in Nigeria appeared first on MarketForces Africa....

Naira Appreciates as Demand...

Naira Appreciates as Demand Pressures Ease The post Naira Appreciates as Demand Pressures Ease appeared first on MarketForces Africa. ...

Naira Slumps as Market...

Naira depreciates across foreign exchange markets as United States (U.S.,) dollar scarcity persists. The post Naira Slumps as Market Records 9% Drop in Forex Trades appeared first...

Naira Hits N465.13 after...

After maintaining its cool against the dominance of the United States (U.S.) dollar at the official window The post Naira Hits N465.13 after Worsening Inflation Data appeared...

Naira Juggles above 463...

The Naira weakened against the United States dollar at Investors, Exporters' FX window, trading lower at N463.37. Conversely, the parallel market appreciated by 0.44% to N741...

Dollar Slides Ahead of...

The United States (US) dollar falls after rising Monday on expectations for the Federal Reserve to raise interest rates The post Dollar Slides Ahead of US Inflation...

Naira Mixed as CBN...

Nigeria’s naira displays sideway performance, though it has reduced in value across foreign exchange markets The post Naira Mixed as CBN Deepens FX Market Intervention appeared first...

Currency Slump Raises Demand...

The Russian-Ukraine war and the lingering impact of the COVID-19 pandemic have severely weakened West African economies The post Currency Slump Raises Demand for US dollar Assets...

Naira Rebounds despite 56%...

After more than a 56% decline in foreign currency inflows into the Nigerian Autonomous Foreign Exc... The post <strong>Naira Rebounds despite 56% Drop in NAFEX Inflows</strong> appeared...

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