Naira settles at its highest level since March, break below N1,500/$ barrier
Naira maintained its upward trend, closing at N1,500.91 against the American dollar on the Nigerian Foreign Exchange Market.
Tag: Nigerian Foreign Exchange Market
Naira stable in black market as U.S. Dollar weakens globallyÂ
The Nigerian currency traded below the N1.550/$ range at the black market at the first trading session in September, while ...
Naira begins week lower at N1,533.67/$, defying improved market outlook  Â
The Nigerian naira had a marginal negative start to the week, trading at 1,533.67/$ on the Nigerian Foreign Exchange Market, ...
Naira pegs at N2,205/£ against resilient British Pound Sterling
The naira settled at N2,205/£ against the British pound sterling on the informal market on Sunday. The Nigerian unofficial FX ...
Navigating Nigeria’s Forex Market: Trends and Opportunities in 2025Â
The Nigerian foreign exchange market in 2025 is a dynamic scene influenced by both external global economic changes and internal ...
Naira surges to 4-month high, breaks N1,520/$ barrier
The Nigerian currency maintained its bullish momentum, reaching a four-month high against the US dollar and closing at 1518/$ on ...
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 weakens further, closes the week at N1,544.50/$1 on official market, hits N1,647/$1 in parallel marketÂ
The naira experienced sustained pressure across foreign exchange markets this week, closing at N1,544.50/$1 on the official market and trading ...
Forex: CBN to rename I&E Market to NFEM
The acting Governor of the Central Bank of Nigeria (CBN), Folashodun Shonubi, has revealed that the official foreign exchange market, ...
