Naira Stays Within ₦1600/$
As of September 9, 2024, the Nigerian Naira (₦) continued its tumultuous journey against major foreign currencies. While the official NAFEM closing rate for the US dollar stood at ₦1,580.46/$,…
As of September 9, 2024, the Nigerian Naira (₦) continued its tumultuous journey against major foreign currencies. While the official NAFEM closing rate for the US dollar stood at ₦1,580.46/$,…
Nigeria’s foreign exchange (FX) reserves have shown signs of recovery in recent months, rising to a three-month high of $33.53 billion as of June 19, 2024. This represents a 2.19%…
CEM REPORT. MARKET | The Nigerian Naira displayed encouraging signs against the US Dollar in the official market, concluding the week at ₦1,548.25/$1. This represented a rise compared to the…