Naira depreciates slightly to N1,609/$1 at official market amidst sustained FX stability
The Nigerian naira depreciated further against the US dollar at the official foreign exchange market, closing at N1,609/$1 on Tuesday, ...
Tag: US Dollar
Naira muted in unofficial market, Dollar turns green in global market
The naira maintained its position within the N1600–N1605/$ band against the global reserve currency, even as the dollar index climbed ...
Gold hits record $3,500 as investors drop dollar amid fed controversy
Gold prices soared to a historic high of $3,500 per ounce on Tuesday before retreating slightly, as mounting concerns over ...
Brent and Nigerian oil blends stage recovery above $65 per barrel, eye $70
Global crude oil prices have surged past the $65 per barrel mark, marking a notable recovery for Brent and Nigerian ...
Naira loses weight against U.S. Dollar in unofficial market
The Nigerian naira weakened to N1,550 against the American dollar in the black market amid increased demand for the greenback ...
Naira surges in parallel market; hits strongest level against dollar, euro, and pound in February
The Nigerian naira made a significant comeback in February 2025, appreciating against the US dollar, British pound, and euro in ...
Naira stable in the unofficial market, U.S. Dollar index hits 9-Week Low
The naira oscillated around the N1570-1575/$ range at the black market in the early hours of Saturday in Nigeria's business ...
Exchange rate stabilises as Naira holds at N1,570/$1 in parallel market
The Nigerian naira has demonstrated relative stability in the parallel market, trading at N1,570 per US dollar from Wednesday through ...
Naira weakens midweek, trades at N1,570/$1 in parallel market
The Naira extended its downward trajectory mid-week, depreciating further against the US dollar in both the parallel and official markets.
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 ...
