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Naira depreciation

FEATURED Latest Money TOP STORIES 

Naira extends slide as FX market loses 13% of liquidity

November 26, 2023November 26, 2023 Markets Reporters 0 Comments FX market turnover, Naira depreciation

The naira extended its decline against the dollar on the official market as liquidity was 13.37 percent lower last week,

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FEATURED Latest Money TOP STORIES 

Naira hits fresh record low against dollar

November 10, 2023November 10, 2023 Markets Reporters 0 Comments NAFEM, Naira depreciation, Naira Vs dollar

The Nigerian currency extended its decline on Thursday on the official market, closing a new record low of N996.75 to

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FEATURED Latest Money TOP STORIES 

Naira crosses 1,000/$ on official market for first time

November 9, 2023November 9, 2023 Markets Reporters 0 Comments Naira depreciation, Naira Vs dollar

The Nigerian currency weakened to as low as N1,097.50 per dollar on Wednesday on the official foreign exchange market, data

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Economics FEATURED Latest Money 

Naira resumes fall as CBN leaves investors in wait-and-see mode

October 10, 2023October 10, 2023 Markets Reporters 0 Comments CBN, Naira depreciation, Yemi Cardoso

The Nigerian currency has resumed its decline against the dollar and other major currencies on the parallel market as investors

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FEATURED Latest Money TOP STORIES 

FX futures markets sit idle amid naira freefall

September 30, 2023September 30, 2023 Markets Reporters 0 Comments FMDQ Group, FX futures market, Naira depreciation

With the naira’s depreciation showing no signs of abating amid the scarcity of dollars in Nigeria, the foreign exchange futures

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FEATURED Latest Opinion TOP STORIES 

The best way Nigeria can manage its exchange rate.

July 30, 2022July 30, 2022 Markets Reporters 0 Comments Bode Agusto, CBN, Naira depreciation

By Bode Agusto There is a lot of concern in Nigeria today about the rate at which the Nigerian Naira

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