Naira gains marginally as FX market resumes trading
Nigeria's foreign exchange (FX) market resumed trading on Tuesday after the holiday, with naira gaining marginally (0.05) against the dollar at the official market.
After trading on…
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Naira
Cash shortages in Q1 to weaken Nigeria’s growth in 2023 – Fitch
Nigeria will probably grow at a slower pace in 2023 compared to the previous year due to an acute cash crunch in the first quarter that marred economic activity in Africa's biggest economy.…
Naira weakens against dollar despite improved liquidity
Naira on Thursday weakened against the dollar across foreign exchange markets despite improved liquidity.
After trading on Thursday, naira lost 0.25 percent as the dollar was quoted at…
Naira appreciates across markets as trading closes for holidays
Naira on Friday appreciated against the dollar across foreign exchange market segments as trading closed for Easter holidays.
At the parallel market, also known as black market, naira…
Naira gains 0.40% as demand slows at parallel market
Naira on Thursday appreciated against the dollar by 0.40 percent at the parallel market, Nigeria’s unofficial market following low demand for the greenback by the end users.
On Thursday…