Nigeria’s manufacturing sector is grappling with escalating operational expenses, as the combined impact of sustained inflation and the weakening naira…
Browsing: Naira
The Nigerian Naira experienced mixed trading patterns in the foreign exchange market this week as strong demand for foreign currency…
The Nigerian naira ended the month of July 2025 on a slightly weaker note, closing at ₦1,533.55 per dollar at…
The Naira concluded the week on a more positive note, trading at ₦1,534.72 to the U.S. dollar in the official…
The Lagos Chamber of Commerce and Industry (LCCI) has called on the Federal Government to place immediate and strategic focus…
The Nigerian naira continued its downward spiral at the official foreign exchange market, closing at ₦1,536 per dollar. This marks…
Nigerians may soon face another increase in petrol prices as negotiations over the proposed naira-for-crude oil exchange drag on, leading…
The Nigerian naira experienced another dip against the United States dollar at the official foreign exchange window, closing the week…
The naira made a slight gain at the official market as Nigeria entered a period of national mourning following the…
The Lagos Chamber of Commerce and Industry (LCCI) has offered a cautiously optimistic projection that Nigeria’s inflation rate will continue…
The Nigerian naira experienced a modest appreciation in the parallel foreign exchange (FX) market, rising to ₦1,550 per United States…
Afrinvest, a leading investment and research firm in Nigeria, has upgraded its outlook on the Fast-Moving Consumer Goods (FMCG) sector,…
Popular comedian, AY Makun, has come out to reveal that he was recently invited by the Economic and Financial Crimes…
The naira has lost ground against the dollar, reversing its recent gains in both the official and parallel markets. The…
The Nigerian Naira has plunged to a new low of ₦1,745 to the US dollar on the parallel market, reflecting…
The Nigerian naira has continued to show resilience and stability, maintaining its gains on the newly introduced EFXM platform. This…
Africhange CEO Tope Ajala has raised concerns over the floating of the naira, describing it as a high-risk strategy that…
A new economic report has projected a steep decline in the value of the Nigerian naira, suggesting that it could…
The Nigerian naira has been significantly affected by prevailing market forces, recently plunging to a concerning level of N1,650 per…
Nigeria’s foreign exchange (FX) turnover has seen a sharp decline, dropping by 71% in recent weeks, amid worsening conditions for…