The naira depreciated to N1,355 per dollar in the foreign exchange market, extending recent losses amid declining external reserves and sustained demand pressures. Data from the...
Interest in Bitcoin is surging among Nigerians, driven by rising global prices, local economic pressures, and a gradually evolving regulatory environment that is bringing digital assets...
The United States dollar strengthened to a one-week high against major global currencies as escalating tensions between the United States and Iran unsettled financial markets and...
Nigeria’s currency weakened to N1,389 against the dollar following a sharp decline in the country’s external reserves, which dropped by approximately $850 million within a three-week...
The naira weakened slightly to N1,387 per dollar, compared to N1,386.75/$ recorded in the previous trading session, according to data from the Central Bank of Nigeria....
The Nigerian currency showed relative stability in the official market, with the dollar trading within a narrow band as the week opened. At the Nigerian Foreign...
The Nigerian currency recorded a marginal depreciation, closing at N1,383.5 per dollar, as pressure on external reserves continues to weigh on the foreign exchange market. Data...