The naira, Thursday, November 23, 2023, continued its slump against the dollar at both the official and parallel market windows. The domestic currency depreciated 12.11% to close at N956.33 to a dollar at the close of business on Thursday, at the Nigerian Autonomous Foreign Exchange Market (NAFEM) window where forex is officially traded. This represents an N115.8 loss or a …
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Naira supports the benefits of the dollar in the official window
The Nigerian currency, Naira, maintains her profit for the US dollar on the official market on Thursday. Nigerian central bank data (CBN) shows that Naira is closed on N1.553.11/$ 1 compared to N1, 565.46/$ 1 which is traded on Wednesday. This is the advantage of N12.35 for local currencies against American Greenback. Also read: Naira gets N4.57 against dollars in …
Read More »Naira appreciates the dollar in the official window
The Nigerian currency, Naira, was obtained against the US dollar on the official market on Tuesday. Nigerian central bank data (CBN) shows that Naira is closed on N1.579.27/$ 1 compared to N1, 581.58/$ 1 which is traded on Monday. This is the advantage of N2.31 for local currencies against American Greenback. In the black market, Naira closes flatly against the …
Read More »Naira obtained N4.57 against dollars in the official window
The Nigerian currency, Naira, won the US dollar on the official market on the first trading day that month on Monday, June 2, 2025. According to Nigerian Central Bank data (CBN), Naira was closed on N1, 581.58/$ 1 compared to N1, 586.15/$ 1 which was traded on Friday, May 30, 2025. This is the advantage of N4.57 for local currencies …
Read More »Naira closed the dollar with a dollar in an official window
The Nigerian currency, Naira, was closed flat against the US dollar on the official market on Friday. Nigerian central bank data (CBN) shows that Naira is closed on N1, 586.15/$ 1 is the same as N1, 586.15/$ 1 which is traded on Thursday. This is not a loss or profit for local currencies. In the black market, Naira obtained N5 …
Read More »Naira depreciated by N7.01 to the dollar in the official window
The Nigerian currency, Naira, continued her stagnation in the US dollar on the official market on Wednesday. Nigerian central bank data (CBN) shows that Naira is traded N1, 590.74/$ 1 compared to N1, 583.73/$ 1 for Tuesday. This is the loss of N7.01 for local currencies. In the black market, Naira lost N5 to the dollar to be traded in …
Read More »Naira shed N4.33 against the dollar in the official window
The Nigerian currency, Naira, dropped a little against the US dollar on the official market on Tuesday. Nigerian central bank data (CBN) shows that Naira is traded in N1, 583.73/$ 1 compared to N1, 579.40/$ 1 for Monday. This is the loss of N4.33 for local currencies. In the black market, Naira closes flatly against the dollar to be traded …
Read More »Naira obtained N1.04 against dollars in the official window
The Nigerian currency, Naira, continued her recovery against the US dollar on the official market on Monday, May 26, 2025. According to Nigerian Central Bank data (CBN), Naira appreciated N1, 579.40/$ 1 compared to N1, 580.44/$ 1 which was traded on Friday, May 23, 2025. This represents the profit N1.04 for local currencies. In the black market, Naira lost N5 …
Read More »Naira obtained N4.51 against dollars in the official window
The Nigerian currency, Naira, was valued against the US dollar on the official market on Friday. Foreign exchange data of Bank Nigeria (CBN) central bank shows that Naira is traded N1, 580.44/$ 1 compared to N1, 584.95/$ 1 for Thursday. This represents the profit N4.51 for local currencies. In the black market, Naira obtained the N10 against the dollar to …
Read More »Naira obtained N0.04 against dollars in the official window
The Nigerian currency, Naira, recovered a little on the US dollar on the official market on Monday, May 19, 2025, received N0.04. According to Nigerian central bank data (CBN), Naira appreciates N1, 598.68/$ 1 compared to N1, 598.72/$ 1 which is traded on Friday, May 16, 2025. This represents the profit N0.04 for local currencies. In the black market, Naira …
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