Custodians of Truth
The Nigerian Naira showed remarkable appreciation against the US dollar in the official market on Monday. According to data from the FMDQ Exchange, which supervises the Nigerian Autonomous Foreign Exchange Market (NAFEM), the Naira traded at N1,339.33 to the dollar, […]
In the first two months of 2024, the Nigerian Exchange (NGX) has emerged as the leading stock exchange in Africa, boasting an impressive 33.70% return on investments for investors. This accolade, disclosed in a statement from NGX on Tuesday, positions […]
According to the World Bank, the Nigerian naira is one of the worst-performing currencies in Africa. It stated that after a devaluation in mid-June, the currency has fallen by roughly 40% versus the US dollar. In its study titled “Africa’s […]