Naira

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Naira now N1,446/$ in parallel market

Naira now N1,446/$ in parallel market

The Naira yesterday appreciated to N1,446 per dollar in the parallel market from N1,450 per dollar on Wednesday. However, the naira recorded its first depreciation this week in the Nigerian Foreign Exchange Market, NFEM, to N1,368 per dollar.

Naira hits 22-month high in official market, rises to N1, 394/$

Naira hits 22-month high in official market, rises to N1, 394/$

By Elizabeth Adegbesan The naira yesterday rose to a 22-month high in the official foreign exchange market, appreciating to N1,394 per dollar at the Nigerian Foreign Exchange Market (NFEM). This level marks the naira’s strongest performance since April 2024, reflecting renewed gains in the official segment of the market. Data from the Central Bank of […]