Naira, Two Others Worst Performing Currencies in 2024 – Bloomberg The naira has emerged as the worst-performing currency in the world in the first half of 2024. According to a report by Bloomberg on Friday, devaluation, insufficient dollar liquidity, and market volatility have hindered efforts by...

Naira Sells for N1,520 per Dollar in parallel market The Naira yesterday depreciated in the parallel market to N1,520 per dollar from N1,510 per dollar on Wednesday. Similarly, the Naira depreciated to N1,510.1 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ...

Naira Depreciates by 215% in One Year Since the harmonisation of the foreign currency market segments in Nigeria one year ago, the naira has depreciated by about 214.64 per cent against the dollar. At the close of trade on Friday, the naira stood at N1482.72 to...

Naira Gains Marginally at Official Market The Naira yesterday depreciated in the parallel market to N1,490 per dollar from N1,470 per dollar last week. However, the Naira appreciated to N1,483.62 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative...

Naira Sells for 1,339.33 per Dollar at Official Market The naira appreciated to 1,339.33/$ at the close of trading on the official window on Monday, gaining 9.68 per cent over Friday’s 1,482.81/$. According to FMDQ data, which houses the Nigerian Autonomous Foreign Exchange Market, the daily...

Naira Exchanges for N1,515/$ in Parallel Market The Naira yesterday depreciated in the parallel market to N1,515 per dollar from N1,495 per dollar on Wednesday. Similarly, the Naira depreciated to N1,485.66 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM Data from FMDQ showed that the...