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Naira Weakens Further as Forex Pressures Mount

‎The Nigerian naira depreciated slightly against the US dollar on Monday, June 23, in both the official and parallel markets, reflecting persistent pressure and volatility in the country’s foreign exchange environment.

Naira Gains Against Dollar in Official, Black Markets

‎The Nigerian naira extended its gains against the US dollar on Monday, June 16, appreciating in both the official and parallel markets amid continued volatility in the country’s foreign exchange landscape.

Naira Closes at N1,599 per Dollar in Official Market

The Naira appreciated against the US dollar on Monday, closing at N1,599.00/$1 in the official market.

Despite CBN Intervention, Naira Depreciates at Official Market

The naira, on Monday, dropped to N1,612 per dollar at the official side of the foreign exchange (FX) market.

Naira Strengthens Further, Now N1,490/$ on Parallel, N1,502/$ on Official FX Markets

Naira Strengthens Further, Now N1,490/$ on Parallel, N1,502/$ on Official FX Markets   The naira has strengthened consistently over the past three weeks, reflecting improved stability and confidence in Nigeria's foreign exchange market. Precisely, on the parallel market, some FX dealers in Lagos traded the naira at...

Naira Appreciates to 1,494.03/$ in Official Market

Naira Appreciates to 1,494.03/$ in Official Market   The naira experienced a notable appreciation on Thursday, with the currency trading at 1,494.03 to the US dollar at the official exchange window, as indicated by data from FMDQ Securities Exchange Limited. Similarly, it appreciated at the parallel market to...