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Naira edges up against the Dollar, closes at N1,659.26 in I&E window
WEB5 hours ago · The naira appreciated slightly against the U.S. dollar on October 3, 2024, closing at N1,659.26 in the official Investor and Exporter (I&E) window, amid a surge in market activity. This marks a 0.59% increase from the previous day’s rate of N1,669.15 on October 2, 2024, as the Nigerian government advances a tax relief initiative for deep ...
Rates – Nairametrics
WEBMkt Cap $27.27 B Volume $174.09 M. $0.59 ฿ 0.00000924. $27.27 B. $174.09 M XRP 297.37 M. -0.68%. Created with Highstock 6.0.3. Cryptocurrency Prices by Coinlib. Disclaimer: Nairametrics does not set or determine forex rates. The official NAFEX rates are obtained from the website of FMDQOTC, Parallel market rates are obtained from …
ABOUT NAIRAMETRICS
WEBNairametrics.com is owned by Nairametrics Financial Advocates Ltd and is based in Lagos State Nigeria. Nairametrics was founded in 2013 by Ugochukwu Obi-Chukwu. For all inquires send an email to outreach@nairametrics.com, info@nairametrics.com.
Markets Archives - Nairametrics
WEBDeclares Unprecedented Interim Dividend of N2.00 Per Share Total Assets up by 37.2% to N28.3 trillion Customer Deposits hits N23.2
Financial Analysis Archives - Nairametrics
WEBThis is a summary review, and it presents key financial highlights, financial ratios, fund performance, and the trend in the number of Retirement Savings Account (RSA) holders. Financial Highlights Total Revenue: Total revenue for the company rose 21% to N2.43 billion in 2023, up from N2.00 billion…. August 2, 2024.
Breaking News Archives - Nairametrics
WEBNigeria’s inflation rate slows for the second consecutive month to 32.15% in August- NBS. by Aghogho Udi. September 16, 2024. 0. Nigeria’s headline inflation rate eased to 32.15% in August 2024 down from the 33.40% recorded in July 2024, reflecting a... Read more. Breaking News.
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WEBNairametrics Apps. Treasury Bill Calculator. Tax Calculator
Currencies Archives - Nairametrics
WEBNaira depreciates 6.13% at I&E window as CBN announces interest rate increase. On Tuesday, September 24, 2024, the Nigerian naira further depreciated against the US dollar, closing at N1,658.48 in the official...
Naira shows strength, faces uphill task at N1,500 resistance line
WEBAug 10, 2024 · The market’s dollar volume increased by 127.5 per cent to $323.11 million compared to Thursday’s trading volume of $142 million. The FX market’s price action confirms that the Naira bulls have managed to keep the US dollar off the N1,600 levels this week. However, a breakthrough in the N1,500 crucial resistance line is required to restart ...
Equities Archives - Nairametrics
WEBStock market rises as All-Share Index gains 0.23%, closing in the green. by Izuchukwu Okoye. September 17, 2024. 0. The Nigerian All-Share Index (ASI) extended its positive trajectory in another trading session, gaining 229.02 points as positive sentiment continued... Read more. Equities.
Stock Market Archives - Nairametrics
WEBStock market rises as All-Share Index gains 0.23%, closing in the green. The Nigerian All-Share Index (ASI) extended its positive trajectory in another trading session, gaining 229.02 points as positive sentiment continued...
CBN adopts NAFEX rate on its website - Nairametrics
WEBMay 25, 2021 · The Central Bank of Nigeria has adopted the NAFEX/I&E Window exchange rate on its website ditching a multi-decade use of government-determined exchange rate. The CBN reported an official exchange rate of N410.25/$1and referenced it as “NAFEX Exch, Rate (USD) as at Monday, May 24, 2021” on its website. READ: CBN Governor …
Business Archives - Nairametrics
WEBU.S. provides over $6.5 million to support flood relief efforts in Nigeria. by Sami Tunji. September 7, 2024. 0. The United States, through the U.S. Agency for International Development (USAID), has committed over $6.5 million to aid flood-related humanitarian...
Naira falls 8.25% in the I&E Window, with market turnover …
WEB1 day ago · Market Turnover: Turnover in the I&E window fell to $176.45 million, down from $181.86 million the previous day. For context, total turnover for September stood at $3.3 billion. Parallel Market Rates: In the parallel market, the naira opened at N1,668.33 against the dollar, fluctuating between a high of N1,672.50 and a low of N1,668.33 before …
Exclusives Archives - Nairametrics
WEBTop 10 most expensive states to live in Nigeria in August 2024. The headline inflation rate in August 2024 stood at 32.15%, marking a slight decrease of 1.25%-points from 33.40% in July...
Economy Archives - Nairametrics
WEBWhy the CBN shocked the world by raising interest rates to 27.25%, Research Team. September 24, 2024. Nairametrics reviewed the governor’s address and outlined the five key reasons behind the CBN’s decision to maintain its hawkish stance. Read more.
President Buhari unveils newly redesigned naira notes
WEBNov 23, 2022 · President Muhammadu Buhari has unveiled the newly redesigned naira notes today, Wednesday, 23rd November 2022 at the State House, Abuja. The launch followed yesterday’s disclosure by the Central Bank of Nigeria that the president would launch the new banknotes today. The notes are in the N200, N500, and N1000 …
Naira falls to N506/$ at black market as dollar supply slides by …
WEBJul 19, 2021 · An exchange rate of N412.76/$1 was the highest rate recorded during intra-day trading before it settled at N410.38/$1, while it sold for as low as N400/$1 during intra-day trading. Meanwhile, forex turnover at the Investors and Exporters (I&E) window dropped by 5.77% on Friday, 16th July 2021. According to data tracked by Nairametrics from …
Naira strengthens at black market as exchange rate rises to …
WEBDec 30, 2021 · Naira has recorded significant gain at the parallel market on Thursday as it rose to N560/$1 in the early hours of Thursday, 30th December 2021. This is according to information obtained by Nairametrics from Bureau De Change operators in Lagos State. The exchange rate appreciated by 1.58% on Thursday to trade at N560/$1 at the …
Business News Archives - Nairametrics
WEBLagos Govt makes largest styrofoam seizure in Ifako-Ijaye. by Caleb Obiowo. September 24, 2024. The Lagos State Government has announced the largest seizure of styrofoam in the Ifako/Ijaye area of the state. Read more. Business News.
Budget Archives - Nairametrics
WEBEgypt allocates $2.6bn for bread subsidies in 2024/2025 budget. by Michael Ndu-Okeke. March 19, 2024. 0. Egypt will allocate $2.66bn for bread subsidies in its 2024/2025 Budget and $3.13 billion in petroleum products subsidies according to... Read more. Budget.
Naira gains further at the black market, trades at N736/$1 on 30th ...
WEBJan 12, 2023 · This is according to information from black market traders who spoke to Nairametrics. Naira recorded a marginal gain at the P2P cryptocurrency exchange, trading at a minimum of N735/$1 on Monday afternoon, representing a 0.44% appreciation compared to N738.25/$1 recorded on Friday, 2nd December 2022.