Tag: NFEM

The Nigerian naira faced renewed pressure in the opening hours of Tuesday’s trading session, retreating by 2.48% as corporate demand for the greenback surged. Data from the Nigerian Foreign Exchange ...

Nigeria's naira posted its strongest performance against the US dollar in nearly seven months on Wednesday, closing at N1,394 to the dollar at the Nigerian Foreign Exchange Market (NFEM), according ...

The Nigerian naira demonstrated increased stability across major trading platforms over the weekend, with the currency settling at ₦1,550 against the U.S. dollar in the parallel market while trading at ...

The Nigerian naira exhibited contrasting fortunes across different trading platforms during the final week of trading, reflecting underlying tensions in the country's foreign exchange market as liquidity constraints and seasonal ...