Naira Stability Boosts Vehicle Imports with 1,350 Units Arriving at Tincan Port
The Nigerian Ports Authority (NPA) has reported the arrival of 1,350 vehicles at the Ports & Terminal Multipurpose Limited (PTML) ...
Tag: Naira
Naira Gains Ground at N1,540/$ in Parallel Market Amid Rising Reserves
The Nigerian naira has shown resilience in the parallel market, appreciating to N1,540 per dollar on July 14, 2025, from ...
Naira Nears N1,500/$ Barrier as Banking Reforms and IMF Support Bolster Currency
The Nigerian naira is on the verge of breaking below the critical N1,500/$ resistance level in the official market, trading ...
Naira Strengthens Slightly as U.S. Dollar Weakens Globally
The Nigerian naira posted modest gains in the official foreign exchange market, climbing to N1,527 per U.S. dollar, up N5 ...
Nigeria’s Money Supply Falls to N119 Trillion in May 2025 Amid Tightening Policies
Nigeria’s money supply contracted for the second time in 2025, dipping to N119.01 trillion in May from N119.30 trillion in ...
Naira Faces Pressure as Oil Prices Drop and Middle East Tensions Ease
The Nigerian naira experienced volatility in the foreign exchange markets on Tuesday, trading at approximately N1,600 per U.S. dollar in ...
Naira Gains Strength, Hits N1,585/$ in Parallel Market
The Nigerian naira strengthened against the U.S. dollar on Tuesday, appreciating to N1,585 per dollar in the parallel market from ...
Naira Shows Mixed Performance in May 2025: Up 1.28% Official, Down 1.24% Parallel
On June 2, 2025, the Nigerian Naira displayed divergent trends in May, gaining 1.28% in the official market to close ...
Naira Plunges to N1,630/$1 in Parallel Market as OPEC+ Oil Production
On June 1, 2025, the Nigerian Naira weakened significantly in the parallel market, closing at N1,630/$1 on May 30, 2025, ...
Naira Depreciates to N1,583/$1 as FX Reserves Decline and BDC Reforms Intensify
The Nigerian naira weakened to N1,583/$1 on May 26, 2025, in the official foreign exchange market, down from N1,579/$1 on ...
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