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Naira Sheds ₦10 Against Dollar in Parallel Market

Naira Sheds ₦10 Against Dollar in Parallel Market ‎The naira weakened against the US dollar in the parallel market on Thursday, May 29, reflecting ongoing volatility in Nigeria’s foreign exchange landscape. ‎A source in Abuja's black market told Economic Confidential that the naira was trading at...

Naira Strengthens Against Dollar in Official, Parallel Markets

Naira Strengthens Against Dollar in Official, Parallel Markets ‎The naira appreciated marginally against the US dollar on Tuesday, gaining ₦2.33 in both the official and parallel markets. ‎A source at the Abuja black market told Economic Confidential that as of May 27, the naira was trading...

Naira Holds Firm Against Dollar in Black Market

Naira Holds Firm Against Dollar in Black Market ‎The naira remained stable against the US dollar in the parallel market on Monday. ‎A source at the Abuja black market told Economic Confidential that as of May 26, the naira traded at ₦1,610/$1 for buying and ₦1,617/$1...

‎Naira Slips by ₦3.33 Against Dollar in Black Market

‎Naira Slips by ₦3.33 Against Dollar in Black Market ‎The naira slightly depreciated by ₦3.33 against the US dollar as trading resumed on Monday in the parallel (black) market. ‎A source at the Abuja black market told Economic Confidential that as of May 19, the naira...

‎Naira Stable at ₦1,625/$ in Black Market Amid Lingering Forex Pressures

‎Naira Stable at ₦1,625/$ in Black Market Amid Lingering Forex Pressures ‎The naira held steady on Monday in the parallel foreign exchange market, maintaining the same rate recorded at the close of trading on Friday. ‎A source at the Abuja black market told Economic Confidential that...

‎Naira Holds Firm at ₦1,625/$ in Black Market

‎Naira Holds Firm at ₦1,625/$ in Black Market ‎The naira held firm on Saturday in the parallel foreign exchange market, maintaining a stable rate similar to Friday’s close. ‎A source at the Abuja black market told Economic Confidential that as of May 10, the naira was...