naira

The naira reversed its decline against the US dollar on Tuesday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed the local currency strengthened by N1 to trade at N1,576/$1, down from N1,577/$1 recorded at the official window on Monday. The highest and lowest intraday prices recorded during the day were N1,592/$1 and N1,492/$1 respectively, indicating a narrow spread …

Nigeria’s currency, the naira started the week with a decline against the US dollar on Monday, July 15, 2024. The local currency weakened by N14 to trade at N1,577/$1, data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed. This is in contrast to the exchange rate of N1.563/$1 traded on Friday, July 12, 2024. The highest and lowest intraday …

The naira fell against the US dollar on the official exchange on Friday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the local currency lost N9 to trade at N1,563/$1, up from N1,554/$1 recorded on Thursday. The intraday high and low prices recorded on the day were N1,586/$1 and N1,496/$1 respectively, indicating a very tight spread of …

The naira strengthened slightly against the US dollar on the official exchange on Thursday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) revealed that the local currency strengthened by N7 to trade at N1,554/$1, down from N1,561/$1 it traded at on Wednesday. The highest and lowest intraday prices recorded during the day were N1,590/$1 and N1,465/$1 respectively, indicating a …

The naira continued its decline against the US dollar on the official exchange on Wednesday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the local currency fell by N29 to trade at N1,561/$1, up from N1,532/$1 recorded on Tuesday. The highest and lowest intraday prices recorded during the day were N1,585/$1 and N1,475/$1 respectively, indicating a narrow …

The naira continued its decline against the US dollar on Tuesday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the local currency fell by N9 to trade at N1,532/$1 on the official exchange today. This is higher than the N1,523/$1 traded on Monday. The intraday high and low prices recorded on the day were N1,555/$1 and N1,465/$1 …

The Nigerian currency, the naira started the week against the US dollar on Monday, July 8, 2024 on a negative note. The local currency weakened by N14 to trade at N1,523/$1, data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed. This is in contrast to the exchange rate of N1.509/$1 traded on Friday, July 5, 2024. The highest and …

The naira recovered from its recent slump against the US dollar on Friday to close the week on a positive note. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed the local currency strengthened by N11 to trade at N1,509/$1 on the official exchange. The figure is lower than the N1,520/$1 the naira was trading at on Thursday. The …

The naira continued its depreciation against the US dollar on Thursday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the local currency fell by N8 to trade at N1,520/$1 on the official exchange today. This is higher than the N1,512/$1 it was trading at on Wednesday. The intraday high and low prices recorded during the day were …

The naira continued its depreciation against the US dollar on the official exchange on Wednesday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) shows that the local currency fell by N3 to trade at N1,512/$1 today. This is higher than the N1,509/$1 traded on Tuesday. The intraday high and low prices recorded during the day were N1,535/$1 and N1,445/$1 …