Naira Strengthens as Foreign Reserves Soar to $43 Billion, Speculative Trading Declines
The Nigerian naira has experienced a notable rally, bolstered by a surge in foreign exchange reserves to $43.05 billion and ...
Tag: Naira
Naira Weakens for Third Straight Day, Closes at N1,473.29/$
The Nigerian naira extended its decline against the US dollar for the third consecutive day, settling at N1,473.29/$ at the ...
Naira Sees Slight Decline to N1,467/$1 Despite Robust Reserve Growth
The Nigerian Naira experienced a marginal weakening this week, settling at N1,467.01 per US dollar on Tuesday, a slight drop ...
Naira Surges to 10-Month Peak on Wave of Foreign Currency Inflows
Nigeria's naira currency marked a significant milestone last week, climbing 0.72%—equivalent to N10.5—to settle at N1,455.17 per U.S. dollar in ...
Naira Edges Up in Official Market, Trading at N1,466/$ Amid Steady Inflows
The Nigerian Naira showed a modest recovery against the U.S. dollar on Tuesday, reaching N1,466 per dollar in the official ...
Nigeria’s Naira Surges Amid Central Bank Reforms and Rising Reserves
The Nigerian naira is experiencing a significant rebound, driven by a combination of robust economic reforms, growing foreign exchange reserves, ...
Naira Strengthens to N1,483/$ on Parallel Market Amid US Dollar Weakness
The Nigerian Naira kicked off the new month on a positive note, gaining ground against the US Dollar in the ...
Naira Reaches Five-Month High, Breaks Below N1,500/$ Mark
The Nigerian naira achieved a significant milestone on September 16, 2025, climbing to a five-month high of N1,497.5 against the ...
Naira Strengthens to N1,497/$ as FX Inflows and Reserves Bolster Market Confidence
The Nigerian naira appreciated significantly on Monday, closing at N1,497.46/$ in the official market, a 0.27% gain from N1,501.49/$, marking ...
Naira Gains Strength as IMTOs Halt Remittance Diversion, Oil Firms Boost Dollar Supply
The naira has seen improved stability in recent weeks, driven by increased dollar supply from oil companies and a halt ...
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