Naira Slips to N1,420 per Dollar in Parallel Market as Official Rate Edges Higher
The Nigerian naira weakened further in the parallel market yesterday, trading at N1,420 per US dollar, down from N1,406 recorded ...
Tag: dollar
Naira Remains Steady at N1,382/$ in Official Market While Parallel Rate Gap Widens
The Nigerian naira traded with little movement in the official foreign exchange market on Monday, closing at N1,382.33 per US ...
Nigeria Spends Almost $1 Billion Servicing Foreign Debt in First Two Months of 2026
Nigeria expended nearly $920 million on foreign debt servicing between January and February 2026, according to data from the Central ...
Nigeria’s $51 Billion Reserves at Risk from Volatile Capital and Oil Reliance – EBC
Global financial services firm EBC Financial Group has warned that Nigeria’s foreign reserves, which recently surpassed the $51 billion mark, ...
Naira Weakens to N1,410 in Parallel Market as Summer Travel Demand Intensifies
Naira came under renewed pressure in the parallel market on Monday, depreciating to N1,410 per US dollar, up from N1,397 ...
Naira Maintains Stability Around N1,370 as Reserves Climb
The Nigerian naira has demonstrated remarkable resilience in 2026, trading within a relatively narrow range and holding steady around N1,370 ...
FX Market Liquidity Strengthens Significantly as Daily Turnover Nears $1 Billion
Nigeria’s foreign exchange market experienced a substantial boost in activity during the first half of 2026, with daily trading volumes ...
Naira Holds Firm at N1,380/$ as FX Inflows Reach One-Year High
The Nigerian naira maintained stability against the US dollar in the official foreign exchange market on Thursday, closing at N1,380.11 ...
Forex Market Activity Surges as Naira Records Modest Weakening
The Nigerian foreign exchange market witnessed a notable increase in trading volume last week, with total turnover at the interbank ...
Naira Weakens Slightly to N1,370.64/$ at Official Market
The Nigerian naira recorded a marginal decline against the US dollar at the official foreign exchange window on Tuesday, June ...
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