Naira trims losses as dollar supply rises
The pressure on naira moderated on Wednesday as it gained 0.95 percent against the dollar at the parallel market following a slight increase in dollar supply.
At the close of trading on…
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Naira records marginal depreciation at official market
Naira on Wednesday recorded marginal depreciation against the dollar following a low activity level at the Investors and Exporters (I&E) forex window, Nigeria’s official foreign exchange…
What the crash in naira means for Nigerians
Naira on Friday fell to N720 per dollar, the lowest ever, following increased demand for the greenback on the parallel market, popularly called the black market.
The multiple exchange…
Naira closes at N710 to dollar on rising demand
The pressure on foreign exchange continued on Thursday as the Naira depreciated by 0.28 percent against the dollar at the parallel market.
After trading on Thursday, the dollar was quoted…
Dollar-priced properties in Lagos struggle for business
Many properties with dollar rent tags in Lagos are struggling for tenants and buyers as supply outstrips demand in the high-end segment of the rental market.
Experts said the…