Tag
NAIRA
The Nigerian naira weakened to N1,550 against the American dollar in the black market amid increased demand for...
Crude oil prices dipped on Tuesday after the U.S. government implemented fresh tariffs, raising concerns about global trade tensions and their potential impact on fuel demand.
The Nigerian naira began Tuesday's trading session at N1,510 per dollar on the black market amid weakness in the dollar index.
Is Nigeria’s economy finally getting back on track, or are we just seeing another temporary bounce? On this...
The Nigerian naira depreciated further in the parallel market on Friday, closing at N1,500 per dollar as foreign exchange (FX) scarcity continues to pressure the local currency.
The Nigerian currency remained firm against the euro in the parallel market amid the Conservative victory in Europe's largest economy.
The Nigerian naira is poised for a significant test as markets reopen on Monday, following a week packed with key macroeconomic data releases and monetary policy decisions.
The Nigerian naira posted decent gains against the American dollar on the parallel foreign exchange market during the mid-week trading session, amid ongoing improved market sentiments in Nigeria's capital market.
The naira's strong performance has continued as the local currency appreciated again to close at N1514/$1 at the parallel market on Wednesday, February 19, 2025.
The naira oscillated around the N1570-1575/$ range at the black market in the early hours of Saturday in Nigeria's business capital.
The Naira extended its downward trajectory mid-week, depreciating further against the US dollar in both the parallel and official markets.
The Nigerian naira is at its strongest level in the unofficial market this year amid improved market fundamentals and ongoing reforms by the Central Bank of Nigeria.