Naira Weakens in Nigerian FX Market as U.S. Fed Meeting Takes Center Stage
The Nigerian naira experienced a slight decline against the U.S. dollar in both the official and parallel foreign exchange markets ...
Tag: Naira
Naira Depreciates Below N1,600 Amid Forex Outflows and Global Trade War
The Naira has depreciated to N1,580 per dollar in the parallel market, marking its lowest value in five weeks, as ...
Naira Remains Stagnant Despite Weakening U.S. Dollar Index
The Nigerian naira showed little movement in the foreign exchange (FX) market on March 13, 2025, despite a decline in ...
Naira Weakens in Unofficial Market Amid Dollar Index Volatility
The Nigerian naira faced renewed pressure in the unofficial market on Tuesday, opening at N1,510 per dollar as the dollar ...
Naira Holds Firm Against Dollar, Closes February Strong Amid CBN Interventions
The Nigerian naira demonstrated resilience in February 2025, closing the month with an 8.5% gain on the parallel market, settling ...
Concerns Mount as Forex Reserves Drop $2.3 Billion Amid Naira Gains
The Nigerian naira has continued to strengthen in recent weeks, supported by foreign exchange reforms implemented by the Central Bank ...
Naira Strengthens to 1,494.03/$ at Official Market as FX Policies Yield Results
The Nigerian naira continued its upward trend, appreciating to 1,494.03 per US dollar at the official market on Thursday, according ...
Naira Appreciation: Increased Forex Inflows Boost Interbank Market, Say BDC Operators
The recent strengthening of the Nigerian naira has been attributed to a surge in foreign exchange (forex) inflows into the ...
Naira Continues Downward Slide, Hits N1,570/$1 in Parallel Market
The Nigerian naira extended its decline midweek, weakening further against the US dollar in both the parallel and official foreign ...
Naira Strengthens to Seven-Month High, Gains N63 Against the Dollar
Nigeria’s currency experienced a significant appreciation in January 2025, gaining N63.72 against the US dollar to close at N1,474.78/$ at ...
Popular Story
31 Nigerian States Grapple with N2.57 Trillion Domestic Debt Amid No Foreign Inflows
China Says All Crypto-Related Transactions Are Illegal And Must Be Banned
Asian Central Banks Innovate to Safeguard Currencies Amid Global Uncertainty
Nigerian consumer inflation edges up to 11.37 pct in April – stats office
Mobius Says Hold 10% in Gold as Currencies Will Be Devalued
