VAM News Update Nigeria’s currency, the Naira, appreciated against the US Dollar on Friday at the foreign exchange market. Official data from FMDQ disclosed that the Naira appreciated N794.89/$1 at the close…
Tag: dollar
Inside Nigeria: Naira depreciates against dollar, loses N81
VAM News Update Nigeria’s currency, the naira, depreciated against the US dollar at the foreign exchange market on Tuesday. Official data from FMDQ showed that the country’s currency exchanged at N830.97 to…
Dollar rise #200 to Naira as of Friday’s market
VOICE AIR MEDIA News Update Foreign exchange fluctuation is yet to end as the Naira depreciated against the US Dollar at the FX market on Thursday. Official data from FMDQ showed that…
Honeymoon ends as Naira Weakens on Nigeria’s Streets
VAM News update THE naira on Wednesday weakened to N1,135 per dollar at the parallel section of the foreign exchange (FX) market. The figure represents N15 or 1.35 percent depreciation compared to…
Details emerge as Exchange rate hits N1,210/$1
VAM News Update THE exchange rate between the naira and dollar opened the week at N1,200/$1 on P2P platforms on Monday as traders continue to face demand pressures amidst dwindling supply. Checks…
As the dollar soars, it spreads hardship across Nigeria
VAM NEWS UPDATE Industries in the country are battling for survival owing to the continued slide of the naira against the dollar. The naira Thursday traded at between N1,155 and N1,160/dollar at…
BREAKING: Naira collapses against Dollar at Investors, Exporters Window
The naira on Wednesday depreciated against the dollar as it exchanged at N756.21 at the Investors and Exporters window. The naira lost 1.48 per cent compared to the N745.19 it exchanged…
Naira To Dollar Now N993/$
Voice Air Media THE naira, on Monday, appreciated at the parallel market to trade at N993 per dollar. Voice Air Media reports that the figure signifies an appreciation of N2 or 0.20…
Nigeria’s Fuel Subsidy Returns As FG Pays N169.4bn In August
VAM News Update Despite the numerous assurances by President Bola Ahmed Tinubu that the subsidy is gone, Daily Trust’s finding shows that the federal government paid N169.4 billion as subsidy in August…
Naira Exchange Nears #1,000/$1 As Dollar Demand Overwhelms Supply
VAM News Update THE naira came under intense pressure yesterday, leading to a significant depreciation as it fell to N990 to a dollar at the parallel market segment of the foreign exchange…