Tag: Naira
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Forex Volatility: BDC Operators Rank Naira as World’s Most Unpredictable Currency
The naira is quickly becoming the world's most erratic currency, according to Bureau De Change (BDC) operators operating under the auspices of the Association...
Naira’s Strongest Start in a Decade Brings Hope and Caution
Similar to an early 2024 spike eventually halted by foreign speculators selling out, the naira began the year with its most significant advance in...
Naira Remains Stable At N1,667/$ Despite Significant Dollar Fluctuations
Despite significant fluctuation in the dollar index after President Trump's inauguration, the naira held steady versus the haven currency in the unofficial market, staying...
Armed Forces Remembrance Day: Senate, VP Shettima, and Kano Governor Lead Tributes – Trending Today
Hello and welcome! In today's trending news stories:
1. The Nigerian Senate and stakeholders commemorated Armed Forces Remembrance Day on January 15, honoring soldiers who...
Exchange Rate Closes 2024 At N1,535/$1 – A 40.9% Devaluation
The currency rate between the naira and the dollar closed the year at N1,535/$1, reflecting a 40.9% loss in 2024.
In 2023, the official naira-to-dollar...
