The naira recorded a stronger performance in the past week as it closed at N1,446.74 per dollar at the official market, showing a 0.69 per cent rise compared to the …
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EconomyForex TradingMarketsMonetary PolicyNigeria
Naira Weakens Across FX Markets Despite Rising External Reserves
The naira recorded another week of negative trading performance as the currency weakened at both the official and parallel foreign exchange markets. At the official Nigerian Foreign Exchange Market, the …
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BusinessCapital MarketEconomyForex TradingINVESTMENTMonetary Policy
Naira hits 2025 peak at N1,421/$ as forex supply rises
The naira recorded its highest appreciation this year at the close of October, strengthening to ₦1,421.73 per dollar at the Nigerian Foreign Exchange Market, according to data released by the …
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BusinessEconomyFinanceForex TradingGOVERNMENTNewsNigeriaPolicies
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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BusinessEconomyFinanceGovernment PolicyINVESTMENT
Naira Faces Weak Start but Experts Predict Stability Ahead
The naira began the new trading week on a weak note as it exchanged at ₦1,533.67 to one United States dollar at the Nigerian Foreign Exchange Market, according to figures …
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BusinessEconomyFinance & ServicesGOVERNMENTPolicies
Naira Falls Again Despite CBN Intervention, Faces More Pressure from Global Events
The Nigerian naira has continued to weaken against the US dollar, as it recorded another round of depreciation in March 2025, both at the official market and in the parallel …