Naira Weakens to N1,560/$1 as Forex Traders Cite Diversion and Demand Pressures
The naira depreciated to N1,560/$1 in the parallel market by mid-August 2025, down from N1,540/$1 at July’s end, widening the ...
The naira depreciated to N1,560/$1 in the parallel market by mid-August 2025, down from N1,540/$1 at July’s end, widening the ...
The naira exhibited a mixed performance last week, with a slight 0.01% appreciation in the Nigerian Foreign Exchange Market (NFEM), ...
Nigeria’s 2023 naira float triggered a steep currency devaluation, plummeting from N460/$1 in June 2023 to N1,535/$1 by December 2024, ...
The Nigerian naira weakened to N1,565/$1 in the parallel market on July 31, 2025, reflecting heightened volatility amid rising demand ...
The Nigerian Ports Authority (NPA) has reported the arrival of 1,350 vehicles at the Ports & Terminal Multipurpose Limited (PTML) ...
The Nigerian naira has shown resilience in the parallel market, appreciating to N1,540 per dollar on July 14, 2025, from ...
The Nigerian naira is on the verge of breaking below the critical N1,500/$ resistance level in the official market, trading ...
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 contracted for the second time in 2025, dipping to N119.01 trillion in May from N119.30 trillion in ...
The Nigerian naira experienced volatility in the foreign exchange markets on Tuesday, trading at approximately N1,600 per U.S. dollar in ...
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