naira

The Naira fell against the US dollar on Friday, August 30, 2024. The local currency was trading at N1,598/$1 on official exchanges according to data from the Nigerian Autonomous Foreign Exchange Market (NAFEM). This shows that N1,598/$1 is N5 higher than the N1,593/$1 traded on the official window the previous day. The intraday high and low prices recorded during the …

The naira recovered against the US dollar on the official exchange on Thursday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed the local currency strengthened by N13 to trade at N1,593/$1, down from N1,606/$1 traded on the official exchange on Wednesday. ALSO READ: Naira strengthens by N16, trades at N1,570/$1 on official exchanges The highest and lowest intraday …

The naira fell against the US dollar on the official and parallel markets on Wednesday. The local currency was trading at N1,606/$1 on the official counter and N1,620/$1 on the parallel side of the market today. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that N1,606/$1 was N12 higher than the N1,594/$1 the currency traded at the official …

Nigeria’s currency, the naira, started the week on a low note, weakening by N26 against the US dollar on Monday, August 26, 2024. The domestic currency trades at N1,596/$1, data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) has shown. This is in contrast to the exchange rate of N1,570/$1 traded on Friday, August 23, 2024. The intraday high and …

The naira strengthened against the US dollar on Friday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed the local currency strengthened by N16 to trade at N1,570/$1, down from N1,586/$1 it was trading at on Thursday. The highest and lowest intraday prices recorded during the day were N1,606/$1 and N1,496/$1 respectively, indicating a narrow spread of N110\$1. ALSO …

The naira fell against the US dollar on Thursday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed the local currency weakened by N43 to trade at N1,586/$1, up from N1,543/$1 it was trading at on Wednesday. The intraday high and low prices recorded during the day were N1,603/$1 and N1,500/$1 respectively, indicating a slim spread of N103\$1. ALSO …

The naira strengthened against the US dollar on Wednesday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed the local currency strengthened by N49 to trade at N1,543/$1, down from N1,592/$1 it traded at on Tuesday. The highest and lowest intraday prices recorded during the day were N1,599/$1 and N1,500/$1 respectively, indicating a slim spread of N99\$1. ALSO READ: …

The naira depreciated against the US dollar on Tuesday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed the local currency fell by N13 to trade at N1,592/$1, up from N1,579/$1 it traded at on Monday. The highest and lowest intraday prices recorded during the day were N1,599/$1 and N1,500/$1 respectively, indicating a slim spread of N99\$1. Once again, …

Nigeria’s currency, the naira, closed flat against the US dollar on Monday, August 19, 2024 to start the week with neither gains nor losses. The local currency was trading at N1,579/$1, data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed. This is equivalent to the exchange rate of N1.579/$1 traded on Friday, August 16, 2024. The intraday high and …

The Federal Government has announced that it will start selling crude oil to local refineries, including the Dangote Refinery, in naira from October 1, 2024. Minister of Finance and Coordinating Minister for Economic Affairs, Wale Edun, made the announcement at a meeting with the Implementation Committee on Monday in Abuja. According to a post on the Ministry of Finance’s official …