Tag: *Forex Market
Malaysian Ringgit Strengthens Against Nigerian Naira in Latest Exchange Rates
The Malaysian ringgit strengthened against the Nigerian naira in the latest exchange rates, with 1 MYR now worth approximately 90.5 NGN, up from 88.5 NGN last week, according to financial market data. This shift...
Tunisia Dinar to Naira Exchange Rate Rises Amid Market Shifts
The Tunisian dinar (TND) has appreciated against the Nigerian naira (NGN) in recent weeks, with the exchange rate rising to approximately 85 NGN per 1 TND, up from around 75 NGN earlier this year,...
Canadian Dollar Hits Record Low at 1 CAD to 450 Naira
The Canadian dollar hit a record low against the Nigerian naira on , with 1 CAD exchanging for 450 Naira, marking the weakest value for the currency in decades. The decline, driven by Nigeria’s...
Naira Drops to 50 Euro in Latest Forex Market Shift
The Nigerian naira dropped to 50 euros for every 1 naira in the latest forex market shift, marking a significant depreciation against the euro, according to recent trading data. The decline, observed in the...
Australian Dollar Strengthens Against Nigerian Naira
The Australian dollar strengthened against the Nigerian naira on , with the exchange rate reaching amid rising demand for the Australian currency and economic pressures in Nigeria. The shift, driven by , marks...
Naira Drops as $2000 Equals 1,800,000 in Forex Market
The Nigerian naira weakened further on as the exchange rate hit 900,000 naira for $1,000 and 1,800,000 naira for $2,000 in the parallel forex market, according to traders and data from financial platforms....
CBN Sets Dollar-to-Naira Exchange Rate for Today
The Central Bank of Nigeria (CBN) set the official exchange rate for the U.S. dollar to the naira at ₦1,380/$1 for today, marking a slight adjustment from previous levels. The announcement, made in Abuja,...
Naira Falls to 200 Per Dollar as Currency Slumps Further
The Nigerian naira plunged to a record low of 200 per dollar on Monday, marking its steepest decline in months amid worsening economic pressures. The Central Bank of Nigeria (CBN) confirmed the slump, attributing...
Dollar Hits 1000 Naira as Naira Weakens Further
The Nigerian naira weakened further on , hitting a record low of 1,000 per $100 in parallel market trading, as economic instability and currency shortages deepened. The Central Bank of Nigeria (CBN) has not...