Naira Strengthens to N1,394 per Dollar in Official Market – Strongest Level Since May 2024
The Nigerian naira recorded its strongest performance in the official foreign exchange market since May 2024, appreciating to N1,394 per ...
Tag: Naira
Naira Strengthens to N1,400.66/$ in Official Market as US Dollar Weakens Globally
The Nigerian naira extended its early-2026 rally on Tuesday, reaching a monthly high of N1,400.66 per dollar in the official ...
Naira Ends Week Weaker at N1,421.63/$ as Supply Shortages Fuel Volatility
The naira closed the trading week on a soft note, depreciating across both official and parallel markets amid persistent supply ...
Naira Edges Higher to N1,419.35 as External Reserves Climb to $45.95 Billion
The naira staged a modest recovery on Tuesday, strengthening slightly against the US dollar in the official foreign exchange market ...
Naira Slips to N1,490/$ in Parallel Market as Official-Parallel Gap Widens to 11-Month High
The naira came under renewed pressure in the informal foreign exchange market over the past week, depreciating to N1,490 per ...
Naira Kicks Off 2026 with First Weekly Gain as CBN Boosts Liquidity
The naira has started the new year on a positive note, posting its first weekly appreciation of 2026 at the ...
Naira Appreciates by 7% at Official Window as Reserves Grow in First Week of 2026
The Nigerian Naira closed the first full trading week of 2026 with a gain against the U.S. dollar in the ...
Naira Moderates to N1,421/$ Amidst Optimistic 2026 Outlook
The Nigerian Naira experienced a slight depreciation in the official market this week, closing at N1,419 per U.S. dollar on ...
Foreign Investor Exodus Deepens as Domestic Sources Prop Up Nigeria’s FX Market
Nigeria's foreign exchange market witnessed a dramatic withdrawal of overseas capital last week, with official data revealing a sharp 20.67% ...
Naira plummets at N1431/$, Steping Into 2026 With Renewed Confidence
Nigeria’s currency has begun the new year on a firmer footing, offering early signs of calm after a bruising period ...
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