The Nigerian currency, Naira, continued to depreciate the US dollar in the official window on Monday, April 7, 2025. According to Nigerian Central Bank data (CBN), this shows that Naira depreciated to N1.612.23/$ 1 from N1, 567.02/$ 1 which was traded on Friday, April 4, 2025. This shows that Naira depreciated by N45.21 to the dollar every day. In the …
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Naira Sheds N14 to trade N1,567/$ 1 on the official market
Naira continued to depreciate the US dollar on an official window on Friday. Foreign currency data from the Nigerian central bank (CBN) shows that Naira is traded N1.567.02/$ 1 compared to N1, 552.53/$ 1 which is traded on Thursday. This shows that Naira depreciated by N14.49 to the dollar every day. In the black market, Naira depreciated to N1, 565/$ …
Read More »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 …
Read More »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 …
Read More »Naira continues to decline in the official window, respecting on the black market
Nigerian currency, Naira continued to decline against the US dollar in an official window on Wednesday, March 26, 2025. According to Nigerian central bank data (CBN), this shows that Naira declined to N1.537.62/$ 1 from N1.532.39/$ 1 recorded on Tuesday, March 25, 2025. This shows that Naira depreciated by N5.23 to the dollar every day. Also read: Naira makes a …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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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