The Naira yesterday appreciated to N1, 590 per dollar in the parallel market from N1,600 per dollar last weekend. The Naira depreciated to N1,549 per dollar in the Nigerian Foreign Exchange Market (NFEM). Data published by the Central Bank of Nigeria (CBN), showed that the indicative exchange rate for the naira rose to N1,549 per dollar from N1,548 per dollar …

Nigerian naira has slumped massively against the dollar across parallel and official foreign exchange markets. At the black market, the Naira depreciated to N1,580 per dollar on Thursday from N1,525 traded on Wednesday. This means in a single day, the Naira lost N55 against the dollar compared to the N1,525 per dollar exchange rate on Wednesday. A Bureau de Change …

The Naira yesterday appreciated to N1,512 per dollar in the parallel market from N1,515 per dollar on Tuesday. However, the Naira depreciated to N1,505 per dollar in the Nigerian Foreign Exchange Market (NFEM). Data published by the Central Bank of Nigeria, CBN, showed that the indicative exchange rate for the naira rose to N1,505 per dollar from N1,502 per dollar …

The Naira yesterday depreciated to N1,515 per dollar in the parallel market from N1,510 per dollar on Monday. Similarly, the Naira depreciated to N1,502 per dollar in the Nigerian Foreign Exchange Market (NFEM). Data published by the Central Bank of Nigeria, CBN, showed that the indicative exchange rate for the naira rose to N1,502 per dollar from N1,499 per dollar …

Naira closed February 2025 with an 8.5 per cent gain month-on-month on the parallel market to settle at 1,490/$, while it closed at 1,500/$ on the official market, indicating a 1.7 per cent m/m decline. According to the Afrinvest Monthly Market Report, the foreign reserve dipped by 3.2 per cent month-on-month. As of Thursday, it stood at $38.46bn. “This decline …

The Naira yesterday depreciated to N1,495 per dollar in the parallel market from N1,490 per dollar on Wednesday. Similarly, the Naira depreciated to N1,496 per dollar in the Nigerian Foreign Exchange Market (NFEM). Data published by the Central Bank of Nigeria (CBN), showed that the indicative exchange rate for the naira rose to N1,496 per dollar from N1,495 per dollar …

The Naira yesterday depreciated to N1,502 per dollar in the parallel market from N1,500 per dollar on Monday. The Naira appreciated to N1,501.5 per dollar in the Nigerian Foreign Exchange Market (NFEM) Data published by the Central Bank of Nigeria (CBN), showed that the indicative exchange rate for the naira fell to N1,501.5 per dollar from N1,504 per dollar on …

The Naira yesterday sustained its upward trend rising to its highest level in seven months in the parallel market, where it appreciated to N1,500 per dollar from N1,530 per dollar last weekend. The last time the Naira traded below N1,500 per dollar in the parallel market was Friday 21st June last year when it traded at N1495 per dollar. But …

The Naira yesterday appreciated to N1,550 per dollar in the parallel market from N1,565 per dollar on Tuesday. Similarly, the Naira appreciated N1,509.53 per dollar in the Nigerian Foreign Exchange Market (NFEM). Data published by FMDQ showed that the indicative exchange rate for the Naira fell to N1,509.53 per dollar from N1,510.33 per dollar on Tuesday, indicating a 80 kobo …

Naira yesterday appreciated to N1,555 per dollar in the parallel market from N1,570 per dollar last week Friday. But the Naira depreciated to N1,512 per dollar in the Nigerian Foreign Exchange Market (NFEM). Data published by the Central Bank of Nigeria (CBN), showed that the indicative exchange rate for the Naira rose to N1,512 per dollar in NFEM from N1,511 …