Monday, 21st June 2021: The exchange rate between the naira and the US dollar closed at N411.67/$1 at the official Investors and Exporters window. Naira depreciated on Monday against the US dollar to close at N411.67 to a dollar compared to N411/$1 recorded on Friday, 18th June 2021. Also, the exchange rate depreciated at the parallel […]
Thursday, 17th June 2021: The exchange rate between the naira and the US dollar closed at N411.5/$1 at the official Investors and Exporters window. Naira appreciated on Thursday against the US dollar to close at N411.5 to a dollar compared to N412/$1 recorded on Wednesday, 16th June 2021. Also, the exchange rate gained at the
Wednesday, 16th June 2021: The exchange rate between naira and the US dollar closed at N412/$1 at the Investors and Exporters window, where forex is traded officially. Naira depreciated further against the US dollar on Wednesday to close at N412 to a dollar. This represents a 0.06% decline compared to N411.75/$1 recorded on Tuesday, 15th
Exchange rate drops at NAFEX window as external reserves slumps to record lowRead More »
Tuesday, 15th June 2021: The exchange rate between naira and the US dollar closed at N411.75/$1 at the official Investors and Exporters window. Naira depreciated against the US dollar on Tuesday to close at N411.75 to a dollar. This represents a 95kobo decline compared to N410.8/$1 recorded on Friday, 11th June 2021. Also, the naira
Naira falls at FX markets despite increase in dollar liquidityRead More »
Wednesday, 9th June 2021: The exchange rate between the naira and the US dollar closed at N410.95/$1 at the official Investors and Exporters window. Naira appreciated against the US dollar on Wednesday to close at N410.95 to a dollar, representing a 0.13% gain compared to N411.50/$1 recorded on Tuesday, 8th June 2021. However, the naira maintained
Exchange rate appreciates at official window following FX liquidity improvement by 262%Read More »
Tuesday, 8th June 2021: The exchange rate between the naira and the US dollar closed at N411.50/$1 at the official Investors and Exporters window. Naira depreciated against the US dollar on Tuesday to close at N411.50 to a dollar, representing a 0.1% loss compared to N411.07/$1 recorded on Monday, 7th June 2021. However, the naira remained
Naira depreciates at official window as dollar supply drops significantly by 58.5%Read More »
Brent crude oil reached $71 last week as it headed to a second consecutive week of gains on signs of a recovery in demand from the United States to Europe, increasing optimism among producers with OPEC+ confirming its plans to ease the production cuts by 840,000 barrels per day (bpd) in July. Although oil prices
Forex scarcity despite oil prices selling as high as $71pb? This article explains why.Read More »
Thursday, 3rd June 2021: The exchange rate between the naira and the US dollar closed as at N410.9/$1 at the official Investors and Exporters window. Naira appreciated against the US dollar on Thursday to close at N410.9 to a dollar, representing a 0.04 gain compared to N411.06/$1 recorded on Wednesday, 2nd June 2021. On the
Exchange rate depreciates at the black market as ABCON threatens street trading clampdownRead More »
Tuesday, 1st June 2021: The exchange rate between the naira and the US dollar closed at N412/$1 at the Investors and Exporters window, where forex is officially traded. The naira maintained stability at the NAFEX window, for the third day in a stretch to close at N412 to a dollar, the same as recorded last
Exchange rate falls at black market, as expert predict Bitcoin drop to $26kRead More »
Monday, 31st May 2021: The exchange rate between the naira and the US dollar closed at N412/$1 at the Nigerian Autonomous Foreign Exchange window (NAFEX). Naira remained flat at the Investors and Exporters window on Monday, as it closed at N412 to a dollar, the same as was recorded on Friday, 28th May 2021. Similarly,
Naira remains stable across forex markets as crude oil price hits $70Read More »
