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“Naira closes at ₦1,537/$1, weakest pre-Xmas day rate ever
20 hours ago · The exchange rate between the naira and the dollar closed at N1,537/$1 on Christmas Eve, gaining one naira from the previous day’s close of N1,538/$1. This marks the official exchange rate entering Christmas at its lowest level in history, surpassing the N885.88/$1 exchange rate recorded on ...
Wild Week for Naira as Exchange Rate Rebounds to N1,660/$1 at …
Dec 14, 2024 · The naira had a turbulent trading week as the exchange rate to the dollar experienced sharp fluctuations in both official and parallel markets. By the week ending December 13, 2024, the official exchange rate closed at N1,540/$1, marking a slight depreciation of 0.35% compared to N1,535/$1 recorded ...
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US Dollar Index hits 2-Year high as other G5 currencies decline; …
5 days ago · The US Dollar index hit a fresh high, closing above 107.74 points as of the market ending on the 18th of December 2024, attaining its strongest level in two years. This follows the Fed’s decision to lower its benchmark policy rate by 25 basis points to the range of 4.50%, with indications of two ...
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Naira shows mixed performance; depreciates to N1730 in parallel …
Oct 26, 2024 · What to expect With the naira recently breaching the N1,700/$1 mark, there is potential for a short-term recovery. Global oil prices have now stabilized between $79 and $81 per barrel, and the Central Bank of Nigeria’s (CBN) consistent interventions may help ease some inflationary pressures, fostering a more positive outlook for the naira.
Naira drops to N1,660.49 in I&E Window despite surge in market …
Oct 17, 2024 · Market Turnover: Market activity intensified, with total traded volumes in the I&E window climbing to $330.18 million, compared to $177.10 million the day before. For perspective, the total market turnover for September stood at $3.3 billion. Parallel Market Rates: In the parallel market, the naira opened at N1,634.56 per dollar, fluctuating between highs of N1,637.97 and lows of N1,633.59 ...
NAIRAMETRICS| COMPANY EARNINGS – Investor Relation …
A Federal High Court sitting in Lagos has issued a Mareva Injunction that temporarily restrains the co-founder of Seplat Energy Plc, Dr Ambrose Bryant Chukwuemeka Orjiako, popularly known as ABC Orjiako, and other firms linked to him, from accessing the …