Naira Weakens by 19 Kobo Against Dollar at Official Market
The Naira on Friday closed the week slightly weaker, as it lost 19 kobo against the U.S. dollar at the official market, trading at N1,533.74.
Data released on the official website of the Central Bank of...
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...
Naira Gains Marginally at Official Market
The Naira yesterday depreciated in the parallel market to N1,490 per dollar from N1,470 per dollar last week.
However, the Naira appreciated to N1,483.62 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM.
Data from FMDQ showed that the indicative...
Naira Sells for 1,339.33 per Dollar at Official Market
The naira appreciated to 1,339.33/$ at the close of trading on the official window on Monday, gaining 9.68 per cent over Friday’s 1,482.81/$.
According to FMDQ data, which houses the Nigerian Autonomous Foreign Exchange Market, the daily...
Naira Gains against Dollar at Parallel, Official Markets
The naira appreciated further to N1,490 per dollar at the parallel section of the foreign exchange (FX) market on Monday.
The FX rate is a 1.34 percent increase from the N1,510/$ recorded on May 17.
Currency traders in Lagos,...
Naira Exchanges for 1245 Against Dollar in Official Window
The naira has reached its highest level against the dollar since January 2023, trading at N1,245 to the dollar at the official window.
This represents the fourth straight week of gains for the local currency, which has...
