Investors and Exporters (I&E)

Naira suffers fresh depreciation against dollar

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Naira Vs Dollar E1539172078363 New 768x480 1

The Nigerian currency, Naira, on Thursday saw a slight depreciation against the United States dollar in the official market, trading at N1,476.24 per dollar. According to data from the FMDQ Exchange, this marks a loss of N2.58 for the Naira, a 0.17% decline from its previous rate of N1,473.66 on Tuesday. READ ALSO :EFCC arrests … Read more

Naira ends 2023 with 96.55% loss to dollar at official market

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Dollar and naira

The value of the naira had dropped to never-before-seen lows, affecting all aspects of life and driving inflation in the country to decades-high levels. The naira’s value has risen from N450 to the dollar at the official end and N750 to the dollar at the parallel market to selling at N1200 on the streets and … Read more