The Naira appreciated by N60 against the dollar at the parallel foreign exchange market on a week-on-week basis. Analysis of the exchange rate in the ...

But the naira maintained stability across foreign exchange (FX) markets despite steady decline in external reserves that have ...

The official and parallel-market exchange rates for the naira converged for the first time in nearly two years on Thursday, ...

The Naira has continued its appreciation streak against the dollar at the parallel foreign exchange market. This comes as the Naira strengthened to N1,500 ...

The Central Bank of Nigeria has provided an update on the naira exchange rate against the US dollar in the official and ...

Policymakers have been warned by Bismarck Rewane, CEO of Financial Derivatives Company, not to become reckless because of the ...

The Nigerian naira is at its strongest level in the unofficial market this year amid improved market fundamentals and ongoing ...

The naira is performing strongly against the US dollar in the official and unofficial foreign exchange market, a big boost ...

The Association of Bureau De Change Operators of Nigeria (ABCON) has praised its members for the effective implementation of the ...

In the black market, the Naira appreciated by ₦5 against the US dollar, trading at ₦1,565/$1, compared to ₦1,570/$1 the previous day. The official exchange rate from the apex bank remained ...

Meanwhile, the naira closed in the green in the parallel market on Wednesday, February 5, 2025, appreciating N1,599 from N1,601 per dollar. Experts say the exchange rate windows are nearing ...

Consequently, the margin between the parallel market and NFEM rate widened to N57.5 per dollar from 88 kobo per dollar on Thursday.