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Tag: Nigerian Autonomous Foreign Exchange Market (NAFEM)

Naira Rises To N1,173.88 At Official Market

The naira has surged to N1,173.88 per dollar on the Nigerian Autonomous Foreign Exchange Market, (NAFEM) on Tuesday, May 28th, marking a remarkable increase of 14.09 percent from the previous day's rate. 

Naira Plunges at NAFEM, Parallel Market

Naira Plunges at NAFEM, Parallel Market The Naira value weakened by 1.9% or N28.73 against the United States Dollar on Thursday, February 22 on the Nigerian Autonomous Foreign Exchange Market (NAFEM) despite unconventional approaches to ease the free fall of the currency. It closed at...