Electronic Foreign Exchange Matching System

Naira to Depreciate to N1,804 per Dollar by 2025 – Report

Dec 30, 2024. by Ekohot Editor

Dollar to Naira Exchange Rate Today – May 26

Afrinvest projects Naira at N1,804 per dollar by 2025 due to FX volatility. CBN faces challenges in meeting foreign exchange demand. EFEMS introduces relative stability amid Naira fluctuation The Nigerian Naira is expected to depreciate to a fair value of N1,804 per dollar in the official market by 2025, according to a recent Afrinvest report … Read more

Naira Appreciates by N14.94 Against Dollar in Official, Black Market

Dec 13, 2024. by Ekohot Editor

The naira appreciated against the dollar in both the official and parallel foreign exchange markets on Thursday. According to data from the Central Bank of Nigeria (CBN), the naira closed at N1,532 per dollar, up from N1,545 on Wednesday. Similarly, data from FMDQ indicated that the naira strengthened to N1,534.35 per dollar on Thursday, compared … Read more