Naira begins week lower at N1,533.67/$, defying improved market outlook
The Nigerian naira had a marginal negative start to the week, trading at 1,533.67/$ on the Nigerian Foreign Exchange Market, ...
Tag: Naira exchange rate
News and stories about Naira exchange rate
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 ...
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 ...
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 ...
Naira weakens to N1,565/$1 on parallel market, widest gap with official rate in over one week
The Naira fell to its weakest level in more than a week on the parallel market on Tuesday, trading at ...
Naira opens at N1560/$, dollar stable after Friday’s crash
The Naira began the week at N1,560/$ in the black market.
Forex traders cite excess dollar supply, security enforcement as reasons for massive naira gains
Currency traders have attributed the recent performance of the naira and the relative stability of the foreign exchange (forex) market ...
Naira tilts towards N1530/$ in unofficial market
The naira edged toward N1530/$ in the unofficial market at the start of the first trading session of the week.
CBN MPC member Sagagi projects Naira to appreciate to N1,450/$1 by December 2025
The Naira is projected to appreciate to N1,450/$1 by the end of the year, strengthening from its current rate of ...
Naira stabilises as exchange rate gap narrows to N1 across parallel and official markets
The naira continued its recent streak of relative stability, closing the gap between the official and parallel exchange markets.
