Naira Ends July with 0.25% Loss   The naira closed out July 2025 at N1,533.55/$ at the official market, the Nigerian Foreign Exchange Market, data from the Central Bank of Nigeria revealed on Thursday. This is about 0.25 per cent weaker than the 1,529.71/$ that it had...

Naira Gains ₦5.32 Against Dollar in Black Market ‎The naira appreciated slightly by ₦5.32 against the US dollar on Tuesday in the parallel (black) market. ‎A source at the Abuja black market told Economic Confidential that as of May 20, the naira exchanged at ₦1,610 per...

The Financial Market Dealers Quotation (FMDQ) in its anal­ysis of the Nigerian economy for April 2025, has said that the total inflows into the country’s exchange market dropped by 5.7 percent to $6.67 billion when compared to March with $3.90 billion.

Naira Declines to N1,602.63/$ in Black Market After trading at the Nigerian Foreign Exchange Market (NFEM) on Tuesday, the naira depreciated slightly by 0.2 percent as the dollar was quoted at N1,602.63 compared to N1,599.93 seen on Thursday last week before the Easter holiday, data...

Yuledite: CBN Permits BDCs to Buy $25,000 Weekly to Meet Demand The Central Bank of Nigeria (CBN) has granted temporary permission to Bureau de Change operators, to purchase up to $25,000 in foreign exchange weekly from the Nigerian Foreign Exchange Market, which was launched earlier...