Twofold Rise in FX Market Turnover Fails to Lift Naira
The turnover in the official foreign exchange market more than doubled this week, reflecting increased dollar supply, but the naira
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naira-dollar exchange rate
FX futures contracts gain ground on naira weakness
As the naira weakened further against the dollar this week, more users of foreign exchange turned to futures contracts as
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More firms tap futures contracts as naira dips further against dollar
The value of FX futures contracts traded this week between banks and their clients jumped more than eightfold as the
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Naira ends weaker against dollar in first week of 2023
The Nigerian currency weakened further against the dollar in the official foreign exchange market this week, closing at N461.01/$ on
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Naira posts big weekly loss against dollar
Nigeria’s currency, naira, lost 1.16 percent of its value against the dollar this week at the official spot market, data
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Naira weakens further to 506 against dollar
The Nigerian currency fell against the dollar at the parallel market on Friday to a new record low. The naira
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