Naira Strengthens to N1,329.80 per Dollar Officially and N1,390 on Parallel Market
The naira gained against the dollar in both official and parallel foreign exchange markets on Monday, opening the week on ...
Tag: Naira
Cash Outside Banks Rises to N4.87 Trillion in August After Three-Month Decline
Cash held outside Nigeria’s banking system increased to N4.87 trillion in August 2026, reversing three consecutive months of decline, according ...
Naira Weakens to N1,329.15 per Dollar as Demand Rises
The naira slipped to N1,329.15 per dollar in the official foreign exchange market as renewed demand for international payments weighed ...
Naira Firms to About N1,548 per Euro as Foreign Exchange Liquidity Improves
The euro-to-naira exchange rate has remained relatively stable around N1,548 amid the naira’s recent strengthening. The local currency’s appreciation has ...
Naira Weakens at Official Market After Two-Day Advance
The naira recorded its first depreciation of the week in the official foreign exchange market, falling to N1,329.21 per dollar ...
N4.66 Trillion Liquidity Surplus Eases Funding Pressure on Banks
Nigeria’s money market faced less funding pressure last week after excess liquidity in the banking system rose to N4.66 trillion, ...
External Reserves Climb Above $54 Billion, Highest Level in 18 Years
Nigeria’s external reserves crossed the $54 billion mark on 3 August 2026, reaching their highest level in 18 years. Central ...
Naira Strengthens to N1,315 per Dollar at Official Market
The naira rose to N1,315 against the US dollar on Thursday in the official foreign exchange market. Data from the ...
Eurobond Yields Reach 8.2% as Investors Price in Long-Term Sovereign Risk
Nigeria’s dollar-denominated Eurobonds are trading at yields of up to 8.2 per cent, underscoring the premium international investors continue to ...
NFEM Turnover Climbs 13.8% to $14.45 Billion in August as Naira Closes at N1,335.50
Total turnover in the Nigerian Foreign Exchange Market rose to $14.45 billion in August from $12.69 billion in July, a ...
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