On Wednesday, the Naira depreciated significantly in the Nigerian Autonomous Foreign Exchange Market (NAFEM), reaching an exchange rate of N1,625.13 per dollar. Data from FMDQ revealed that this marks an …
Naira
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The Nigerian naira has depreciated to N1,700 per dollar at the parallel section of the foreign exchange (FX) market. This represents a 1.49 percent decline from Thursday’s rate of N1,675. …
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The downward slide of the local currency worsened yesterday as the naira exchanged for N1, 639.41 to a dollar at the official rate. The figure yesterday indicated a whooping loss …
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The Nigerian Shippers’ Council (NSC) plans to end the collection of shipping charges and other charges in foreign currency, especially United States dollars, by service providers at the nation’s seaports. …
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On Friday, the Naira experienced a slight depreciation in value at the official market, trading at N1,483.99 to the dollar. This marks a N2.50 decline from Thursday’s rate of N1,481.49, …