Naira

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Naira rises to N1,630/$ in parallel market

Naira rises to N1,630/$ in parallel market

The Naira yesterday appreciated to N1,630 per dollar in the parallel market from N1,640 per dollar on Tuesday. Similarly, the Naira appreciated to N1,507 per dollar in the official foreign exchange market.  

2025 naira outlook

2025 naira outlook

The naira appreciated by N137.69 against the United States dollar within a week, following the introduction of the Central Bank of Nigeria’s (CBN) new foreign exchange (FX) platform.