Naira hits N1,520/$, highest in 2025
The Nigerian naira is at its strongest level in the unofficial market this year amid improved market fundamentals and ongoing reforms by the Central Bank...
Naira appreciates to N1,680/$ in parallel market
The Naira yesterday appreciated to N1,680 per dollar in the parallel market compared to N1,690 per dollar last weekend. Similarly, the Naira appreciated to N1,552.92...
Naira down to N1,635/$ in official market
The Naira depreciated to N1,635.15 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for...
Naira appreciates to N1,665/$ in parallel market
The Naira strengthened in the parallel market on Friday, rising to N1,665 per dollar from Thursday’s rate of N1,685 per dollar. In the Nigerian Autonomous...
Parallel market: Naira rises to N1,675
The Naira strengthened in the parallel market, appreciating to N1,675 per dollar from Wednesday’s rate of N1,680. Similarly, in the Nigerian Autonomous Foreign Exchange Market,...
Parallel market: Naira depreciates to N1,680/$
The Naira experienced further depreciation in the parallel market yesterday, falling to N1,680 per dollar from N1,655 on Tuesday. Similarly, the Naira weakened in the...
Naira rises to N1,640/$ in parallel market
The Naira yesterday depreciated to N1,640 per dollar in the parallel market from N1,650 per dollar last Thursday. Similarly, the Naira depreciated to N1,541.52 per...
NAFEM: Naira depreciates to N1,656/$
The Naira yesterday weakened to N1,656.49 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM,. According to data from FMDQ, the indicative exchange rate...
Parallel market: Naira depreciates to N1,655/$
The Naira depreciated yesterday, falling to N1,655 per dollar in the parallel market, down from the N1,645 per dollar traded on Wednesday. Recall that Naira...
CBN approves dollar sales to legible BDC operators at N1580
The Central Bank of Nigeria has approved the sale of 20,000 Dollar each to legible Bureau De Change operators at N1580 exchange rate. This was...