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 Appreciates to N1,640 per Dollar in Parallel Market
The Naira has appreciated to N1,640 per dollar in the parallel market from N1,655 per dollar on Monday.
According to data published by the Central Bank of Nigeria (CBN) showed that the exchange rate for the Nigerian...
Naira Appreciates by 5.5% at Parallel Market
The naira recorded a huge gain against the US dollar at the parallel market, hitting N1640/$1, at the close of business on Wednesday, December 4, 2024.
This represents a 5.2% or N90 gain against the dollar when compared to...
Naira Now 1,710 per Dollar at Parallel Market
The Naira yesterday depreciated to N1,710 per dollar in the parallel market from N1,690 per dollar on Wednesday.
Similarly, the Naira depreciated to N1,660.49 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM.
Data from FMDQ showed that...
Naira Depreciates to N1,700/$ at Parallel Market
The naira depreciated to N1,700 per dollar at the parallel section of the foreign exchange (FX) market on Friday.
At the end of trading hours, the naira depreciated by 1.49 percent compared to the N1,675/$ traded on Thursday.
The N1,700...
Naira Crashes by N34 Against Dollar at Parallel Market
The downward slide of the local currency worsened yesterday as the naira exchanged for N1, 639.41 to a dollar at the official rate.
The figure yesterday indicated a whooping loss of N34 after the dollar exchanged for...
