Naira is gaining strength in 2025: Here is why
If you exchanged your Naira for USD in September 2024 and held it, the $1, when converted back to Naira, ...
Tag: US Dollar Index
Naira breaks below N1,550/$ amid uptick in U.S dollar
The Naira settled at N1,550 against the U.S dollar; at the unofficial market from N1,550/$ Settlement price on Sunday while ...
Naira slips in official market, U.S dollar shows strength
The naira slipped marginally against the safe-haven currency during the first trading session of the week, while the dollar showed ...
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 opens at N1560/$, dollar stable after Friday’s crash
The Naira began the week at N1,560/$ in the black market.
Naira sinks in black market, U.S dollar posts best month in 2025
The Nigerian currency witnessed a return of high market volatility in the Nigerian unofficial market amid increased demand and a ...
Naira holds N1,550/$ support line at Nigeria’s foreign exchange market
The local currency maintained its ground during the fourth trading session of the week, despite the US dollar index oscillating ...
Naira faces ‘acid test’ under Trump’s return to Presidency
The Nigerian currency is bracing for challenges as the U.S. dollar surges following Donald Trump’s return to the U.S. presidency.
