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naira

FEATURED Latest Money TOP STORIES 

Naira extends gain amid 61% decline in dollar liquidity 

February 8, 2025February 8, 2025 Markets Reporters 0 Comments Dollar liquidity, naira

The naira strengthened further against the dollar this week, even as liquidity in the official foreign-exchange market plunged by 61.06

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FEATURED Latest Money TOP STORIES 

CBN deploys FX code as latest tool to prop up naira

January 29, 2025January 29, 2025 Markets Reporters 0 Comments CBN FX Code, naira

By Joseph Olaoluwa The Central Bank of Nigeria has launched the Nigeria Foreign Exchange Code (FX Code), to ensure stability

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FEATURED Latest Money TOP STORIES 

Naira posts slight gain as dollar liquidity rises 3.93%

January 4, 2025January 4, 2025 Markets Reporters 0 Comments dollar liquidity in Nigeria, FMDQ, naira

The naira registered a slight gain against the dollar this week as liquidity in the official foreign exchange market rose

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FEATURED Latest Money TOP STORIES 

Naira rises slightly while dollar liquidity sinks 45% 

December 28, 2024December 28, 2024 Markets Reporters 0 Comments dollar liquidity in Nigeria, FMDQ Exchange, naira

The Nigerian naira rose by 0.24 percent against the dollar this week, even as the liquidity in the official foreign

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FEATURED Latest Money TOP STORIES 

Fall in dollar liquidity fails to halt naira’s rise

December 7, 2024December 7, 2024 Markets Reporters 0 Comments dollar liquidity in Nigeria, FMDQ, naira

The naira extended its rise against the dollar this week despite a decline in liquidity in the official foreign exchange

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FEATURED Latest Money TOP STORIES 

Naira up as weekly dollar liquidity soars to $2.3bn

November 30, 2024November 30, 2024 Markets Reporters 0 Comments dollar liquidity in Nigeria, FMDQ FX data, naira

The naira rose slightly against the dollar this week as the official foreign exchange market saw a jump in the

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FEATURED Latest Money TOP STORIES 

Naira slides as weekly dollar liquidity extends decline

August 25, 2024August 25, 2024 Markets Reporters 0 Comments dollar liquidity in Nigeria, FMDQ, NAFEX, naira

The naira closed weaker last week as dollar liquidity in the official market declined by 10.29 percent, according to data

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FEATURED Latest Money TOP STORIES 

Naira will see bright days ahead, say FDC analysts

August 24, 2024August 24, 2024 Markets Reporters 0 Comments Bismarck Rewane, Dangote refinery, naira, Nigerian naira

Nigeria’s currency, which has been less volatile in recent months, is expected to appreciate against the dollar by the end

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FEATURED Latest Money TOP STORIES 

Naira falls further as weekly forex liquidity drops 23%

July 6, 2024July 6, 2024 Markets Reporters 0 Comments naira, Nigeria forex liquidity

The naira weakened against the dollar this week as the turnover in the foreign exchange market declined by 22.99 percent.

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FEATURED Latest Money TOP STORIES 

Naira pares gains as weekly forex liquidity loses 33%

June 8, 2024June 8, 2024 Markets Reporters 0 Comments Forex market turnover, Forwards contracts, naira

The Nigerian currency lost some of its recent gains against the dollar this week as liquidity in the official foreign

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