Naira appreciates to N1,662/$ in parallel market
Naira today appreciated to N1,662 per dollar in the parallel market from N1,668 per dollar on Thursday.
Rising energy costs push manufacturers to brink of collapse
The manufacturing sector in Nigeria is facing existential threats with the escalating costs of energy, amongst other binding constraints, driving up production and logistics costs thus putting the sector on the brink of collapse.
Naira depreciates to N1,690/$ in parallel market
*As NAFEM’s turnover rises 323% By Elizabeth Adegbesan The Naira today appreciated to N1,690 per dollar in the parallel market from N1,670 per dollar on Thursday. Similarly, the Naira depreciated to N1,641.27 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM rose to […]
Naira appreciates to N1,670/$ in parallel market
By Elizabeth Adegbesan The Naira yesterday appreciated to N1,670 per dollar in the parallel market from N1,675 per dollar on Wednesday. Similarly, the Naira appreciated to N1,622.57 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,622.57 per dollar from N1,625.13 […]
Naira appreciates to N1,700 in parallel market
By Elizabeth Adegbesan The Naira yesterday appreciated to N1,700 per dollar in the parallel market from N1,705 per dollar on Monday.Similarly, the Naira depreciated to N1,669.15 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,669.15 per dollar from N1,541.94 per […]
Naira gains N35.32 against dollar at official market
The Naira on Friday appreciated at the official market, trading at N1,540.78 to the dollar.
