Naira Strengthens to N1,640/$ in Parallel Market as FX Gains Momentum
Lagos, Nigeria – The Nigerian currency, the Naira, showed signs of recovery on Tuesday as it appreciated to N1,640 per US dollar in the parallel market, marking an improvement from the N1,655 per dollar recorded on Monday. This development reflects a…
Naira Gains Ground in Parallel Market, Weakens in Official FX Market
The Nigerian Naira recorded a mixed performance on Tuesday, showing slight appreciation in the parallel market while depreciating further in the official foreign exchange market. In the parallel market, the Naira strengthened, trading at N1,650 per…
Mark Angel Opens Up About Losing $3.7 Million in Forex Trading and Facing Life’s Darkest Moments
Popular content creator and skitmaker, Mark Angel, has opened up about the incredibly difficult year he faced in 2024. In an Instagram post shared on Sunday, Mark, whose real name is Mark Angel Osiberu, revealed that he lost a staggering $3.7 million in…
Nigeria To Suffer Further Decline In FX Inflows – PWC Report
The foreign exchange inflows into the Nigerian economy may further slump as the West African country is projected to suffer further decline. PricewaterhouseCoopers International Limited (PWC) in a new report surmised that the decline in global trade…