The naira continued its rally on Wednesday, closing at N1,500.91 to the United States dollar at the official Nigerian Foreign Exchange Market. The performance marked a significant milestone as the …
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Naira Strengthens Slightly at Official Market as Reserves Hit $41.27bn
The naira recorded a slight gain on the Nigerian Foreign Exchange Market on Friday, closing at ₦1,531.57 per dollar. This marked a 0.23 per cent appreciation compared to the previous …
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BankingBusinessEconomyFinanceForex TradingOil & Gas
Naira Gains Slightly as Nigeria’s External Reserves Hit $41 Billion High
The Nigerian naira recorded a slight appreciation against the United States dollar on Thursday at the official foreign exchange market, as the country’s external reserves rose to a four-year high …
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African Currencies Show Mixed Outlook as Ghana’s Cedi Faces More Pressure
African currencies are set for a mixed performance in the coming week, with Ghana’s cedi expected to weaken further against the dollar, while the shilling in Kenya, the naira in …
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Malawi Kwacha Under Pressure Despite Dollar Stability
The Malawi kwacha is once again under the spotlight after showing signs of weakness against major foreign currencies such as the euro, the British pound and the South African rand, …
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Currency MarketEconomyForex TradingNorth Africa
Libyan Dinar Faces Pressure as Black Market Rates Rise
The Libyan dinar continued to trade under pressure on Thursday, August 14, 2025, with black market rates showing slight fluctuations across key cities. According to updates from The Libyan Scene …