Tag: Forex Market

Midweek naira exchange rate update as dollar trades above ₦1,380 amid FX pressure

Business Damilola Bayonle -
Naira Exchange Rate: What Midweek Trading Says About the Local Currency The naira exchange rate remained under pressure in midweek...

Tinubu: Naira to exchange for 1000 to $1 in weeks amid reform gains

Business Damilola Bayonle -
Naira to Exchange for 1000 to $1 in Weeks President Bola Tinubu has declared that the naira is on course...

Dangote predicts naira could strengthen to N1,100/$1 in 2026 amid reform push

Business Damilola Bayonle -
Naira could hit N1,100 to $1 in 2026, says Dangote as reforms gather pace Africa’s richest industrialist, Aliko Dangote, has...

Pound to Naira exchange rate: Naira faces fresh pressure across forex markets

Business Damilola Bayonle -
The Pound to Naira exchange rate today reflected a mixed outcome across Nigeria’s foreign exchange markets on Monday, December...

Dollar to Naira exchange rate Today: Shocking stability boosts investor confidence

Business Damilola Bayonle -
The Dollar to Naira exchange rate today is exhibiting a measure of stability as Nigerian foreign exchange markets adjust...

Naira slips to 1,456.72/$ as demand pressure widens trading band

Business Damilola Bayonle -
Naira slips to 1,456.72/$ amid persistent FX demand pressure Nigeria’s foreign exchange market witnessed another week of volatility as the...

Eurobond success lifts naira, external reserves as investor confidence rebounds

Business Damilola Bayonle -
Nigeria’s financial markets ended the first week of November on a cautiously optimistic note as the Eurobond success lifts...

Naira dips third consecutive day to N1,473.29/$ as market volatility persists

Business Damilola Bayonle -
The Nigerian naira extended its losing streak for the third consecutive day on Wednesday, closing at N1,473.29 per dollar...

Naira records strongest gain against dollar as external reserves Hit $41.24b

Business Damilola Bayonle -
The Nigerian Naira recorded its highest single-day gain against the U.S. dollar this week at the official foreign exchange...

Naira Surges to N1,600 Against Dollar, Hits Weekly High

Business Damilola Bayonle -
The Nigerian naira has experienced a significant boost in the official foreign exchange market, reaching its highest value against...