Nairametrics - Business news, Economy, Investing, and Financial …
WEBSep 4, 2024 · Nairametrics - Business news, Economy, Investing, and Financial Literacy. Electricity DisCos lose N25.71 billion in one month over bill collection inefficiency September 10, 2024. Currencies.
Naira slips to N1,637 at I&E Window as demand pressure grows
WEB2 days ago · Intra-day Highs and Lows: During the trading session, the naira reached an intra-day high of N1,655.00/$1 and a low of N1,499.00/$1, as the currency tried to find a balance against the dollar. Market Turnover: The day’s market turnover stood at $143.15 million, lower than the $197.37 million recorded on the previous trading day. Meanwhile, total market turnover reached $3.25 billion in ...
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Naira shows recovery ahead of U.S. inflation data - Nairametrics
WEB2 days ago · The Nigerian naira strengthened as the U.S. dollar index edged lower ahead of the U.S. CPI data and the televised U.S. presidential debate. The local currency began the week on an upswing against the U.S. dollar at the official market. NAFEM data showed the naira strengthened to N1,580/$1 on Monday, which …
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Markets Archives - Nairametrics
WEBNaira rebounds below N1,600/$1 after three-day decline on official market. by Sami Tunji. September 7, 2024. 0. The naira made a notable recovery in the official market on September 6, 2024, closing at N1,593.32/$1, marking a 2.89%... Read more. Companies.
Stock Select - Nairametrics
WEBStock Select Feed. Discover market-beating stocks, learn to invest with confidence, and get insights into the factors that drive capital appreciation
Naira sends mixed signals as Dollar shows some strength
WEBAug 22, 2024 · The naira displayed mixed signals against the dollar in Nigerian FX markets on Thursday. The greenback rose from seven-month lows amid some bargain hunting, though dollar gains were capped by expectations of interest rate cuts. The naira gained roughly N50, settling at N1,543/$1 on Wednesday, up from N1,592/$1 on Tuesday, according to data from ...
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WEBTreasury bill calculator. Value Date (Investment Date) Investment term / Tenure / Duration (days) Face Value (Amount to invest) Interest Rate / Average Yield / Discount Rate.
Naira strengthens to N1400/$ on the parallel market as …
WEBMar 20, 2024 · Parallel market operators are quoting a buy price of N1400/$1 for holders of dollars looking to sell marking a significant strengthening on the naira. Checks by Nairametrics indicate the exchange rate has been gaining lately as speculators start to dump their hoard of dollars following waning demand. …