Business
The naira surged to N1,570/$1 on the Nigerian Autonomous Foreign Exchange Market (NAFEM) window on Thursday, August 1, 2024, marking an increase of 2.47%...
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All posts tagged "Exchange rate"
Economy
Consumer goods manufacturers are counting their losses attributed to the elevated costs of raw materials, driven by inflation and exchange rate fluctuations. This situation...
Economy
Bureau De Change operators have announced shutdown of operations in Abuja as a result of unavailability of dollars. This was announced by the association’s...
Economy
The Federal Government has clarified the rationale behind adopting an N800 to a dollar benchmark in the 2024 budget, citing the objective of addressing...
Economy
Despite recent interventions by the Central Bank of Nigeria (CBN) to strengthen the foreign exchange market, the persistent decline of the Naira raises concerns...
Business
Nigeria’s official market witnessed a significant downturn on Tuesday as the country’s currency, the naira, plummeted to a record low against the dollar. Thin...
