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Nairametrics - Business news, Economy, Investing, and Financial …
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“Naira closes at ₦1,537/$1, weakest pre-Xmas day rate ever
1 day 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 ...
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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 $81 per barrel, and the Central Bank of Nigeria’s (CBN) consistent interventions may help ease some inflationary pressures, fostering a more positive outlook for the naira.
Nairametrics launches dividend tracker to Advance Investor …
Nov 20, 2024 · NM Partners "NM Partners" encompasses a diverse range of articles and content published on behalf of various organizations, including corporate entities, government and non-governmental institutions, academic bodies, and key stakeholders in the economic sphere.
Naira builds strength at official market - Nairametrics
Oct 9, 2024 · However, the naira couldn’t reclaim the N1650/$ bandwidth in the black market, settling at N1,680/$1 on Tuesday. The Nigerian federal government announced that it has begun selling crude oil and other processed products in naira, which is expected to shore up the fortunes of the local currency.
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Economy Archives - Nairametrics
The Director-General of the National Pension Commission (PenCom), Omolola Oloworaran, has revealed that pension fund assets in Nigeria reached N21.92