Naira lingers at N1,667/$ despite high Dollar volatility
The naira maintained the N1660-7 range against the haven currency in the unofficial market despite high volatility in the dollar ...
Tag: Naira
Parallel Market Exchange rate stays stable at N1,660/$1 despite surge in crude oil prices
The naira dipped against the safe-haven currency at the official market amid rising oil prices in global markets.
Why the Naira will be stable in 2025
A recent report by Bayo Adedipe and Associates suggests the Naira will settle at N1,574/$1 in 2025. For context, the ...
Why the Naira could depreciate in 2025
The year 2025 is shaping up to be a year of hope or hubris for the Naira. Optimists believe that ...
Naira faces U.S. Dollar firepower amid strong employment data
The Nigerian currency remained relatively stable during the week's first trading session despite persistent pressure from the dollar's strength and ...
Naira weakens further, closes the week at N1,544.50/$1 on official market, hits N1,647/$1 in parallel market
The naira experienced sustained pressure across foreign exchange markets this week, closing at N1,544.50/$1 on the official market and trading ...
Naira muted in black market, U.S. jobs data takes spotlight
The naira was muted in the last trading session of the week, while the greenback reached a two-year high as ...
Naira marginally lower against strong U.S. Dollar
The naira settled marginally lower in the official market on Tuesday amid high demand for the safe-haven currency in global ...
Naira shows mild strength ahead of Christmas holidays
The Nigerian currency gained value against the haven currency in the first trading session of the week at both the ...
US Dollar Index hits 2-Year high as other G5 currencies decline; Naira and Cedi remain stable
The US Dollar index hit a fresh high, closing above 107.74 points as of the market ending on the 18th ...
