Naira Weakens in Official Market Amid U.S. Dollar Recovery
The Nigerian Naira experienced a slight decline in value at the official foreign exchange market on October 30, 2024, coinciding ...
Tag: Naira
Naira Falls as FX Turnover Declines by 71% Amidst Market Pressure
The Nigerian naira weakened further on Monday, sliding to ₦1,670.75 per dollar in the official market and ₦1,748 per dollar ...
CBN Governor Reports Sharp Decline in Market Volatility Due to FX Reforms
Central Bank of Nigeria (CBN) Governor Yemi Cardoso has highlighted a notable decline in market volatility, which he attributes to ...
Naira Shows Mixed Performance: Gains in Official Market, Slight Decline in Parallel Trading
The Nigerian naira exhibited a mixed performance recently, with movements indicating both strength and vulnerability across official and parallel markets. ...
Naira Slips to N1,660.49 in I&E Window Amid Market Volume Surge
The naira continued its decline against the U.S. dollar, closing at N1,660.49 in the official Investors and Exporters (I&E) window, ...
Naira Breaks N1,650/$ Support Level in Official Market
The Nigerian naira has experienced a significant depreciation, falling below the crucial N1,650/$ support level in the official foreign exchange ...
Naira Plummets to Record Low of N1,700 Per Dollar in Parallel Market
The Nigerian naira hit a historic low in the parallel market, closing at N1,700 per U.S. dollar on October 14, ...
Naira Gains 1.69% in I&E Window as Global Oil Prices Near $80
On October 4, 2024, the naira strengthened by 1.69% against the U.S. dollar, closing at N1,631.21 in the official Investor ...
Naira Falls Behind as Report Reveals Africa’s 10 Strongest Currencies
Despite global inflation and low productivity across much of the African continent, several African currencies are holding strong against the ...
Naira Faces Pressure in Black Market as U.S. Dollar Strengthens
The Nigerian naira remained under pressure in the parallel forex market on Thursday, trading flat at N1,660 per U.S. dollar, ...
Popular Story
Naira Strengthens to N1,329.80 per Dollar Officially and N1,390 on Parallel Market
Banking System Liquidity Falls N3.86 Trillion as CBN Open Market Operation Drains Cash
Dangote Lowers Petrol Price to N1,325 a Litre Nine Days After N85 Increase
Foreign Exchange Supply Rises 20.5% to $8.94 Billion in 2025, CBN Data Show
31 Nigerian States Grapple with N2.57 Trillion Domestic Debt Amid No Foreign Inflows