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 […]
Naira down to N1,620 in parallel market
The naira yesterday depreciated to N1, 620 per dollar in the parallel market from N1,575 per dollar on Tuesday.
Naira depreciates to N1,600/$ in official market
The Naira depreciated to N1,600 per dollar in the Nigerian Foreign Exchange Market (NFEM) today after three months of being on the N1,500 per dollar threshold.
Naira appreciates to N1,550/$ in parallel market
The Naira appreciated to N1,550 per dollar in the parallel market today from N1,560 per dollar on Thursday.
Naira depreciates to N1,570/$ in parallel market
By Elizabeth Adegbesan The Naira yesterday depreciated to N1,570 per dollar in the parallel market from N1,545 per dollar last weekend. But the Naira appreciated to N1,528 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 […]
Naira depreciates to N1,505/$ in parallel market
The Naira today depreciated to N1,505 per dollar in the parallel market from N1,495 per dollar on Thursday.
