Naira Reverses Gains, Dips 0.70% Amidst CBN Intervention

Genesis EssienAugust 14, 20241138 views

The Nigerian naira experienced a reversal of fortune on Tuesday, depreciating by 0.70 percent at the official Nigerian Autonomous Foreign Exchange Market (NAFEM). This marks the first decline after a…

Naira Strengthens, But Importers Face Higher Customs Duty Rate

Genesis EssienApril 4, 20240197 views

CEM REPORT, MARKET | Importers in Nigeria are caught in a perplexing situation. While the Naira has shown impressive gains against the US Dollar in recent weeks, the exchange rate…

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Naira Exchange Rate

Naira Reverses Gains, Dips 0.70% Amidst CBN Intervention

Naira Strengthens, But Importers Face Higher Customs Duty Rate