naira

Naira Trades N1.552/$ in the Official Market

Naira depreciated with the US dollar in an official window on Thursday. Foreign currency data from the Central Bank of Nigeria (CBN) shows that Naira rose to N1.552.53/$ 1 from N1, 531.25/$ 1 which was traded on Wednesday. This shows that Naira depreciated by N21.28 to the dollar every day. In the black market, Naira traded N1, 560/$ 1 compared …

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Naira Trades N1, 536/$ in the Official Market

Naira was traded N1.536.82 in the official market on Friday. Data from the Bank of Nigeria (CBN) central website shows that Naira received an increase in N1.84 or 0.11 percent compared to N1, 538.66 per dollar recorded on Thursday. Also read: Naira continues to decline in the official window, respect in the black market On Monday, Naira was closed at …

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Naira slumped slightly in the official window, closed flat on the black market

Nigerian currency, Naira slumped slightly against the US dollar in an official window on Tuesday, March 25, 2025. According to Nigerian central bank data (CBN), this shows that Naira declined to N1.532.39/$ 1 from N1, 531.19/$ 1 on Monday, March 24, 2025. This shows that Naira depreciated by N1.20 to the dollar every day. Also read: Naira makes a little …

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Naira a little recovery in the official window, the black market

Nigerian currency, Naira was a little recovery of the US dollar in the official window on Monday, March 24, 2025. According to the Central Bank of Nigeria, a foreign exchange data, it shows that Naira appreciates N1, 531.19/$ 1 on Monday from N1, 536.89/$ 1 was traded on Friday last week. This shows that Naira is valued by N5.70 to …

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The Naira gave up N127 to trade N1669/$1 at the official window

The naira lost N127 against the dollar at the official window on Wednesday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the local currency traded at N1669.15/$1, higher than the N1,541.94/$1 traded at the official window on Monday. The naira, however, gained N10 against the dollar on the parallel section of the forex market to trade N1,690/$1 …

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Naira earned N36 to trade N1,540/$1 at the official window

The Naira traded N1,540/$1 at the official window on Friday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the figure was N36 lower than the N1,576/$1 the currency traded at the official window on Wednesday. The Naira continued its slide against the dollar in the parallel section of the forex market and traded at N1,700/$1 compared to …

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Naira earned N91 to trade N1576/$1 at the official window

The Naira recovered from days-long slump and traded N1,576/$1 at the official window on Thursday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that Thursday’s figure was N91 lower than the N1,667/$1 the currency traded at the previous day’s official window. The naira lost N20 against the dollar in the parallel section of the forex market and traded …

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Naira drops N9 to N1,667/$ on official exchange

The naira weakened by N9 against the US dollar on the official exchange on Wednesday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the local currency was trading at N1,667/$1, up from N1,658/$1 traded at the official window the previous day. The naira lost N10 against the dollar in the parallel section of the forex market to …

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Naira drops N96 to N1,658/$1 on official exchange

The naira weakened against the US dollar by N96 on the official exchange on Tuesday. The naira’s decline coincided with the decision of the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) to raise interest rates to 27.25 percent. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the local currency was trading at N1,658/$1, above the …

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