Monday, 24th May 2021: The exchange rate between the naira and the US dollar closed at N411.25/$1 at the Importers and Exporters window, where forex is traded officially. Naira appreciated against the US dollar on Monday at the official NAFEX window to close at N411.25 to a dollar. This represents a 0.18% gain when compared to […]
Friday, 21st May 2021: The exchange rate between the naira and the US dollar closed at N412/$1 at the Importers and Exporters window, where forex is traded officially. Naira fell against the US dollar on Friday at the official NAFEX window to close at N412 to a dollar. This represents a 0.17% drop when compared to
Exchange rate falls across FX markets. Cryptos dip further following massive sell-offRead More »
Thursday, 20th May 2021: The exchange rate between the naira and the US dollar closed at N411.31/$1 at the Importers and Exporters window, where forex is traded officially. Naira fell against the US dollar on Thursday at the official NAFEX window to close at N411.31 to a dollar. This represents a 0.14% depreciation when compared
Naira falls to N411.31/$1 at the NAFEX window following oil price plunge to $65.11pbRead More »
Wednesday, 28th April 2021: The exchange rate between the naira and the US dollar closed at N411.25/$1 at the Importers and Exporters window. Naira appreciated on Wednesday, at the Nigerian Autonomous Foreign Exchange (NAFEX) window, as the rate closed at N411.25 to a dollar. This represents a 42 kobo gain when compared to the N411.67/$1 that
Naira appreciates at official window despite 30.7% drop in dollar supplyRead More »
Naira remained stable against the US Dollar at the NAFEX window on Thursday to close at N410.50/$1. Thursday, 15th April 2021: The exchange rate between Naira and the US Dollar closed at N410.50/1$ in the Importers and Exporters window, where forex is traded officially. Naira remained stable against the US Dollar at the NAFEX window on
Wednesday,14th April 2021: The exchange rate between Naira and the US Dollar closed at N410.50/1$ in the Importers and Exporters window, where forex is traded officially. Naira appreciated against the US Dollar at the NAFEX window on Wednesday to close at N410.50/$1. This represents a 0.12% gain when compared to N411/$1 recorded on Tuesday, as the
Naira gains some value following CBN’s FX sale to foreign investorsRead More »
Thursday, 1st April 2021, the exchange rate between the naira and the US dollar closed at N409.3/$1 at the Investors and Exporters window, where forex is traded officially. The naira depreciated against the US dollar on the first day of April 2021 to close at N409.3/$1 at NAFEX window. This represents a 0.15% decline when
Naira value falls at NAFEX window following crude oil price dipRead More »
Wednesday, 31th March 2021, the exchange rate between the naira and the US Dollar closed at N408.67/$1 at the Investors and Exporters window. The naira appreciated against the US Dollar on Wednesday, 31st March 2021 gaining for the fifth consecutive day at the NAFEX window to close at N408.67 to a dollar despite a 26.2%
Naira gains at NAFEX window to close at N408.67/$1 following 26.2% drop in dollar supplyRead More »
Wednesday, 24th March 2021, the exchange rate between the naira and the US Dollar closed at N408.75/$1 at the Investors and Exporters window. Naira gained against the US Dollar again on Wednesday to close at N408.75 to a dollar, representing a 0.26% gain compared to N409.8/$1 recorded on Tuesday. However, in the parallel market, the
Naira gains to close at N408.75/$1 at NAFEX. Bitcoin slumps to $52,000Read More »
West Texas Intermediate (WTI), crude futures plunged by over 3% to trade below $60 a barrel. Oil prices lost more than 3% at the second trading session of the week on concerns that new COVID-19 lockdown and slow vaccine rollouts in Europe will slow energy demand arbitrarily. At the time of writing this report, West
