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Naira

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Naira declines to N1,450/$ at parallel market

BarandbenchMay 9, 2024May 9, 20240

The Naira declined to N1,450 at the parallel section of the foreign exchange (FX) market on Wednesday. The current FX…

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Naira may exchange below N1,000 per Dollar from May– Goldman Sachs

BarandbenchApril 12, 2024April 12, 20240

Goldman Sachs has predicted that the Naira may exchange below N1,000 per Dollar in the coming months. The Goldman Sachs…

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  • Business

Again, Naira gains, now 1,238.3 per dollar at parallel market

BarandbenchApril 3, 2024April 3, 20240

The foreign exchange (FX) resumed on Tuesday after the Easter holiday with the Naira appreciating to 1,238.3 as Bureau De…

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  • Business

Economist predicts drop in prices as Naira appreciates

BarandbenchMarch 31, 2024March 31, 20240

A development economist, Prof. Ken Ife, says some sectors may soon likely witness a drop in prices as the Naira…

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  • Business

Again, Naira appreciates as Dollar now sells at N1,280 in parallel market

BarandbenchMarch 28, 2024March 28, 20240

The Naira has continued to appreciate as the US dollar is currently selling at N1,280 in the parallel market. The…

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Naira rebounds to N1,400/$ as speculators offload forex

BarandbenchMarch 21, 2024March 21, 20240

The naira rebounded against the United States dollar on Wednesday at the official and parallel markets, with the local currency…

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Again, USD supply surges by 38.9% as Naira maintains massive gains at forex market

BarandbenchMarch 20, 2024March 20, 20240

US Dollar transactions surged by 38.93 per cent as the Naira maintained significant gains in the foreign exchange market. FMDQ…

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