May 25, 2023. Azonuchechi Chukwu. The Nigerian currency appreciated against the US Dollar in the Investors and Exporters (I&E) window, by 0.23 per cent or N1.09 to close at N463.33/$1 versus the previous day’s rate of N464.42/$1, with bids moderating when compared with the previous day. Data from FMDQ Securities Exchange showed that investors bid |
May 24, 2023. Azonuchechi Chukwu. Nigerian Naira depreciated against the US Dollar in the Investors and Exporters (I&E) window of the foreign exchange market on Tuesday, May 23, hitting a fresh low, a few days before the new administration takes over the rein of power from President Muhammadu Buhari. The Naira lost 92 Kobo or |
May 13, 2023. Azonuchechi Chukwu. The Naira appreciated against the Dollar in th black market, and the Investors and Exporters (I&E) windows of the foreign exchange (forex) market on Friday, May 12. At the Investors and Exporters segment of the market, the domestic currency gained 40 Kobo or 0.09 per cent against the Dollar to |
May 12, 2023. Azonuchechi Chukwu. The Nigerian Naira Appreciates against US Dollar in the Investors and Exporters window of the foreign exchange market but depreciated in the parallel market, also known as black market on Thursday, May 11. In the Investors and Exporters segment, the Nigerian currency appreciated against its American counterpart on Thursday by |
May 11, 2023. Azonuchechi Chukwu. The Naira depreciated against the US Dollar in the Investors and Exporters (I&E) window of the foreign exchange market on Wednesday, May 10, trading at N463.02/$1. According to data obtained from FMDQ Securities Exchange, this indicated that the local currency recorded a 77 kobo or 0.17 per cent loss as |