The Nigerian naira ended last week with a mixed performance in the foreign exchange market, as it recorded marginal gains at the official window but slipped in the parallel market. …
NAIRA EXCHANGE RATE
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BankingBusiness InsightsCurrencyEconomyMarketsPolicies
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EconomyFinance & ServicesInternational RelationsOil & GasPoliciesTrade and Commerce
Naira Nears N1,530/$ as Forex Market Gains Confidence
The naira moved closer to N1,530 per dollar in the parallel market as trading resumed on Monday, July 21, 2025. This movement comes as Nigeria’s foreign exchange market maintains some …
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AfricaBanking, Finance & InvestmentEconomyFinance & ServicesMarketsNigeria
Naira Gains Slightly as FX Market Liquidity Improves
The Nigerian naira appreciated against the US dollar across both official and parallel foreign exchange (FX) markets on Tuesday, July 2, 2025—the first trading day of the new month. This …
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Dangote IndustriesEconomyEnergyNigeriaOil & GasPoliciesUncategorized
IPMAN Says Dangote Should Sell Petrol Below N825, Cites Naira Deal and Local Refining
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said the Dangote Petroleum Refinery should reduce the pump price of Premium Motor Spirit (PMS), commonly known as petrol, below its …
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Banking, Finance & InvestmentBusiness PoliciesEconomyMarketsNigeriaPolicies
Naira Appreciates to ₦1,553.11/$ Amid BDC Recapitalisation Drive
The Nigerian Naira continued its steady upward trend in the official foreign exchange market on Thursday, June 6, closing at ₦1,553.11 per dollar, as reported by the Central Bank of …
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EconomyFinance & ServicesMarketsNewsNigeria
Naira Hits Two-Month High of ₦1,565.46/$ Amid Strengthening Reforms and Policy Stability
The Nigerian naira on Wednesday reached its strongest level in over two months, closing at ₦1,565.46 to the dollar at the official foreign exchange (FX) market. This marked a ₦13.82 …
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BusinessBusiness InsightsDevelopmentEconomyEntrepreneurshipFinance & ServicesSpotlight
How to Shield Your Business from Naira Volatility in 2025
Introduction In today’s interconnected global marketplace, businesses operating within Nigeria are increasingly susceptible to the unpredictable nature of international currency exchange rates. A particularly significant challenge for Nigerian enterprises is …
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EconomyFinance & ServicesGOVERNMENTNigeriaPoliciesWestern Africa
Naira Strengthens as Nigeria’s Foreign Reserves Hit Three-Year High
Nigeria’s naira recorded its biggest gain in two weeks, appreciating by 0.6% to 1,530 per dollar as of 11:15 a.m. in Lagos on Wednesday, according to Bloomberg-tracked BMAT spot trading. …
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AfricaAFRICA NEWSBusinessBusiness and EconomyEconomyFinance & ServicesMarketsNigeriaWestern Africa
Naira Strengthens, Now Trades at ₦1,530.52/$ at Official Window
In a surprising twist in the foreign exchange market, the Nigerian naira on Tuesday recorded a modest appreciation against the United States dollar, exchanging at ₦1,530.52/$ at the official window. …
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AfricaAFRICA NEWSBusinessMarketsNewsNigeriaWestern Africa
Naira exchanges N429.62 to dollar at Investors’ window
Naira, the Nigerian currency, appreciated against the dollar at the Investors and Exporters window, exchanging at N429.62. The figure on Friday represented an increase of 0.15 per cent compared with …