Naira set to break below N1,500/$ resistance
The Nigerian currency is less than N30/$ away from breaking the key resistance level of N1500/$ in Nigeria's official market.
Tag: Naira
IMF commendation sparks strong gains for Naira across parallel, official markets
The naira appreciated to N1,565 per dollar on Thursday at the parallel market, up from N1,580 per dollar on Wednesday, ...
Naira stuck at N2,200/£ as British pound faces correction
The naira remains in a consolidation phase against the British pound in the parallel market at N2,200/£ despite significant moderation ...
Naira gains big in official market as dollar sinks globally
The Nigerian currency showed some strength in the Nigerian foreign exchange market, while the haven currency dipped to its lowest ...
Oil Down, Dollar Weak, Naira Up: Why Nigeria’s Markets Are Defying the Odds – Drinks & Mics Ft. Chika Mbonu
In Episode 25 of Drinks & Mics, banking OG Chika Mbonu joins Ugodre, Tunji, and Arnold for a no-holds-barred session ...
Naira falls N2,200 against British Pound Sterling
Recent price movements indicate that the Nigerian currency has remained in a consolidation phase in the unofficial market, fluctuating between ...
Naira holds below N1,600/$ in the holidays
The Nigerian currency traded below the key resistance (N1600/$) against the greenback at the unofficial market.
Jitters for Naira as OPEC+ increases production quota by 411,000 barrels per day
The Organization of the Petroleum Exporting Countries and its allies (OPEC+), the world’s largest group of oil producers, has announced ...
Naira shows stability in informal market, U.S. Dollar maintains upward trajectory
The Naira remained stable in the informal market during the mid-trading session, trading at approximately N1,615–N1,618 per U.S. dollar, while ...
Naira appreciates to N1,597/$1 in official market ahead of crucial MPC meeting
The naira appreciated marginally to N1,597/$1 on Monday at the official foreign exchange market, according to data published by the ...
