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Nigeria's stock market displaces Argentina to emerge world best

The development comes as the Nigerian Exchange Limited continues its bullish run-on Wednesday as the All-Share Index appreciated by 2.38 per cent to close to reaching a historic 90,063.25 points from Tuesday's 87,970.37 points.

The exchange rate is artificially low - Osinbajo asks CBN to make the exchange rate reflective of the market

In his speech at the midterm retreat of President Muhammadu Buhari's second tenure, the vice-president said the artificial low exchange rate is deterring investors from bringing foreign exchange into the country.

Naira Weakens Against the Dollar...See Latest Exchange Rate

On the newly created 'investors FX window', the local unit was quoted at 379.07 per dollar on Thursday, according to the market regulator, FMDQ OTC Securities Exchange.

Exchange Rate: Top 5 Currencies with the Highest Value

Kuwaiti Dinar (KWD) The Kuwaiti Dinar holds the prestigious title of the currency with the highest exchange rate globally.

Top 10 African countries with the highest access to foreign exchange

In Absa's 2023, Africa Financial Markets report, the metric of access to foreign exchange served as one of the six pillars used in determining the most booming financial markets across the continent.

Dollar To Naira Exchange Rate For 20th Jan 2024

The exchange rate between the Naira and the US dollar according to the data released on the FMDQ Security Exchange the official forex trading portal showed that the Naira opened at ₦909.90 per dollar on Friday, January 19, 2024, and closed at

Naira Appreciates Against the Dollar...See Latest Exchange Rate

This is coming after the Central Bank of Nigeria sold $150 million to authorized foreign exchange dealers on Wednesday and also offered $100 million at the interbank market on Thursday.

Naira Records Significant Improvement Against the Dollar...See Latest Exchange Rate

BDCs got the weekly foreign exchange auction from the CBN. -NAN

Naira Appreciates as CBN Injects $142.5m...Here are the Latest Foreign Exchange Rates

This translated to N3.16 appreciation for the naira. The naira also appreciated by 50 kobo in the parallel market yesterday, as the exchange rate dropped to N367 per dollar from N367.5 per dollar last Friday.

Dollar to Naira Black Market Exchange Rate February 14th, 2024

As the nation celebrates Valentine's Day, the spotlight is on the ever-changing Dollar to Naira exchange rates in the black market.

Naira Gains as NAFEX Records $100.29m...Here are the Latest Foreign Exchange Rates

Data from Financial Market Dealers Quote (FMDQ) showed that the indicative exchange rate for the I&E window, known as Nigeria Autonomous Foreign Exchange (NAFEX), dropped to N359.6 per dollar yesterday from N360 per dollar on Monday, indicating