CBN Policies Working as Exchange Rate Sees Highest Gain in 6 Weeks   The exchange rate between the Naira and the US Dollar gained 1.52% to close at N1,431/$ on Friday, March 22, 2024, continuing an upward trend that has lasted for seven consecutive days. According...

Naira Gains Against Dollar on Parallel Market, Exchanges for N1,400/$ The parallel market has seen the naira strengthen against the dollar, with a buy price of N1,400/$1 quoted for those holding dollars looking to sell. The rise in the naira is due to waning demand,...

Naira Gains Against Dollar on Parallel Market, Exchanges for N1,400/$ The parallel market has seen the naira strengthen against the dollar, with a buy price of N1,400/$1 quoted for those holding dollars looking to sell. The rise in the naira is due to waning demand,...

Naira Continues to Appreciate, Closes at N1,560.57/$ Officially The Nigerian Autonomous Foreign Exchange (NAFEM) saw a notable appreciation on Tuesday, with the closing rate standing at N1560.57 to $1. This represents a significant gain of N36.67 or 2.35% from Monday’s closing rate of N1,597.24/$1. Additionally, the Naira...

Naira Continues to Appreciate, Closes at N1,560.57/$ Officially The Nigerian Autonomous Foreign Exchange (NAFEM) saw a notable appreciation on Tuesday, with the closing rate standing at N1560.57 to $1. This represents a significant gain of N36.67 or 2.35% from Monday’s closing rate of N1,597.24/$1. Additionally, the Naira...

Naira Maintains Stability, Exchanges for N1,572.86 per Dollar The foreign exchange market began on a positive note on Monday as the naira appreciated to N1,572.86 per dollar from N1,602.75/$1 on Friday on the official market. At the parallel market, the nation’s currency closed at N1,590 per...