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.

The Naira yesterday appreciated to N1,450 per dollar in the parallel market from N1,455 per dollar on Tuesday.

The Naira yesterday appreciated to N1,455 per dollar in the parallel market from N1,465 per dollar on Monday.

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 […]

The naira on Friday depreciated to N1,495 per dollar in the parallel market, down from N1,490 per dollar on Thursday.

By Elizabeth Adegbesan The Naira yesterday appreciated to N1,488 per dollar in the parallel market from N1,490 per dollar on Tuesday. But the naira depreciated to N1,423 per dollar in the Nigerian Foreign Exchange Market, NFEM. Data from the Central Bank of Nigeria, CBN, showed that the indicative exchange rate for the naira rose to […]

The Naira yesterday depreciated to N1,490 per dollar in the parallel market from N1,470 per dollar on Tuesday.

The naira on Friday weakened in the parallel market, sliding to N1,474 per dollar from N1,470 per dollar recorded on Thursday

The Naira today appreciated to N1,475 per dollar in the parallel market from N1,489 per dollar on Thursday.

The International Monetary Fund (IMF) said, yesterday, that the depreciation of the Naira was not necessarily a bad thing.