Currencies
Nigeria's daily parallel market exchange rate tracker
Naira falls against the dollar as forex traders blame diversion, government payouts
Currency traders have linked the recent depreciation of the naira at the parallel market to the supply challenges in the...
Read moreDetailsNaira ends stable streak slightly weaker at N1,560/$1 as foreign reserves jumps to $40.7 billion
The naira ended the week on a slightly weaker note in the parallel market, trading at N1,560/$1 on Friday.
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Naira is one of the strongest currencies in the world, handle with integrity, CBN tells Nigerians
The Central Bank of Nigeria (CBN) says the naira is one of the strongest currencies in the world, urging Nigerians...
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The Naira is enjoying the most stable run against the dollar in 2025
The naira is in its longest stretch of stability this year, holding within a narrow band of N1,520–N1,537 per dollar...
Read moreDetailsNaira slips in official market, U.S dollar shows strength
The naira slipped marginally against the safe-haven currency during the first trading session of the week, while the dollar showed...
Read moreDetailsNigeria’s money supply drops to N117 trillion in June 2025
Nigeria’s broad money supply has declined for the third consecutive month this year, slipping slightly to N117.4 trillion in June...
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Naira falls as weak Dollar fails to lift currency
The naira lost value against the haven currency in the official and parallel forex markets on Tuesday, even after starting...
Read moreDetailsNaira weakens to N1,565/$1 on parallel market, widest gap with official rate in over one week
The Naira fell to its weakest level in more than a week on the parallel market on Tuesday, trading at...
Read moreDetailsNaira opens at N1560/$, dollar stable after Friday’s crash
The Naira began the week at N1,560/$ in the black market.
Read moreDetailsNaira sinks in black market, U.S dollar posts best month in 2025
The Nigerian currency witnessed a return of high market volatility in the Nigerian unofficial market amid increased demand and a...
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