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Category Nigerian Naira

US Dollar Weakens Against Nigerian Naira in the Currency Markets

US Dollar Weakens Against Nigerian Naira in the Currency Markets

The Nigerian naira outperformed the US dollar in the currency markets on Wednesday. The Nigerian Foreign Exchange Market (NFEM) saw increased buyi...
BRICS: New Country Rejects Local Currency for Oil, Wants US Dollar

BRICS: New Country Rejects Local Currency for Oil, Wants US Dollar

Not every country is falling in line with the BRICS agenda of replacing the US dollar with local…
US Dollar Appreciates Slightly As Naira Slumps: What’s Happening 

US Dollar Appreciates Slightly As Naira Slumps: What’s Happening 

The Nigerian naira has noted a slight downturn in value against the USD. The Naira is down (NAFEM)…
US Dollar Fails to Surpass Nigerian Naira Despite Outpacing Yuan & Yen

US Dollar Fails to Surpass Nigerian Naira Despite Outpacing Yuan & Yen

The US dollar is now breaching new milestones as the leading currency by making its presence felt on…
This Local Currency Rises 12% Against the US Dollar

This Local Currency Rises 12% Against the US Dollar

The US dollar outperformed all leading currencies this month including the Chinese Yuan, Japanese Yen, and the Indian…