Naira holds steady against US Dollar both official, parallel markets
The Naira remained stable against the US Dollar on Monday across both the official Nigerian Foreign Exchange Market (NFEM) and the…
Browsing Tag
Dollar
Naira appreciates to N1,487/$ in parallel market
The Naira strengthened on Tuesday, appreciating to N1,487 per dollar in the parallel market from N1,491 per dollar recorded on…
Naira appreciates further against Dollar in official market
The Naira on Monday appreciated further at the official foreign exchange market, trading at N1,452.79 to the dollar.
Data from…
Naira slips slightly as Dollar trades above ₦1,490 on parallel market
The naira experienced a mild decline on Tuesday across multiple segments of Nigeria’s foreign exchange market.
In the official…
Naira strengthens against dollar, closes week at N1,534.72
The Naira ended the week on a positive trajectory, appreciating by 4.52 kobo against the U.S. dollar at the official market on…
Bitcoin soars past $88K amid Dollar weakness
Bitcoin's price surged to its highest point since late March, surpassing $88,000 on Tuesday, marking a continued upward trend…
NAHCON to end Dollar payments for Hajj to lower costs
The National Hajj Commission of Nigeria (NAHCON) has revealed plans to eliminate the use of the dollar for Hajj-related payments,…
2025 budget will reduce inflation To 15%, bring down Dollar to N1,500 –…
President Bola Tinubu announced that the 2025 budget anticipates a drop in inflation from the current 34.6% to 15% in the coming…
Naira increases by 0.6% against dollar at official market
The naira on Monday appreciated at the official market, trading at N1,607.15 to the dollar.
According to data from the FMDQ…
Again, Customs adjusts FX rate for import duties
The Nigeria Customs Service (NCS) has reduced foreign exchange (FX) rate for tariffs and duties used by the Service to N1,480 per…