Naira strengthens to N1,550/$ in parallel market; here’s why it’s gaining
The exchange rate closed the week with a mixed performance, as the naira recorded a slight depreciation in the official ...
Tag: Naira exchange rate
News and stories about Naira exchange rate
Naira breaks below N1,600/$ as U.S dollar hits 3-year low
The Naira broke the key resistance line at the black market while the greenback sank to a 3-year low in ...
Naira hits N1,600/$ as Israel-Iran ceasefire and oil price drop shake Nigerian economy
The naira traded around the N1,600/$ mark on Tuesday in the unofficial market and depreciated to N1,550/$ in the Nigerian ...
Naira strengthens below N1,600/$ at parallel market as U.S dollar sheds weight
The naira maintained its bullish momentum at the unofficial market as it cracked below the N1600/$ resistance line, while the ...
Naira, U.S dollar bow to surging British Pound Sterling
The Nigerian currency fell to the N2135-N2150 bandwidth against a resurging British pound Sterling, which rose to a new high ...
Naira ends week mixed: Falls to N1,554/$ at official market, gains to N1,595/$ on parallel market
The Naira has ended the week with mixed performances, ending the week strong in the parallel market and depreciating in ...
Bonny Light nears $70 a barrel, strengthens Naira outlook
The Nigerian naira fluctuated well below N1600/$ on Thursday in the unofficial market, amid higher oil prices and investor concerns ...
Exchange rate extends one-week appreciation rally across official, parallel markets post-Sallah holidays
The Naira has continued to extend its week-long appreciation stretch across official and parallel foreign exchange markets following the Sallah ...
Naira crashes to N820/$1 at the black market
This information is according to black market operators who spoke to Nairametrics
Buying frenzy as naira hoarders drive exchange rate past N800/$1 at FX black market
Sources at the BDC informed our correspondent that rates range between N790-N800/$1
