The Nigerian currency, Naira, reduced N2.70 to the US dollar on the official market on Tuesday. Nigerian central bank data (CBN) shows that Naira declined to N1, 602.63/$ 1 compared to N1, 599.93/$ 1 currency traded on Thursday. This represents the loss of N2.70 for local currencies. In the black market, Naira lost the N10 to be closed on N1, …
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Naira spilled N0.14 against the dollar in the official window
Nigerian currency, Yoyo Naira’s movement against the US dollar continued on the official market on Thursday. Data from the Nigerian central bank (CBN) foreign exchange shows that Naira declined to N1, 599.93/$ 1 compared to N1, 599.79/$ 1 the currency traded on Wednesday. This is the loss of N0.14 for local currencies. In the black market, Naira closes flatly at …
Read More »Naira spilled N0.87 against dollars in the official window
The Nigerian currency, Naira, lost a further runway to the US dollar on the official market on Wednesday. Foreign exchange data of Bank Nigeria (CBN) central bank revealed that Naira declined to N1, 599.79/$ 1 compared to N1.598.95/$ 1 traded on Tuesday. This is the loss of N0.87 for local currencies. In the black market, Naira lost N5 to be …
Read More »Naira obtained N5.53 to trade N1.598/$ 1 in the official window
Nigerian currency, Naira obtained N5.53 against the US dollar on an official market on Tuesday. Nigerian central bank data (CBN) shows that Naira appreciates N1.598.48/$ 1 compared to N1.604.48/$ 1 which is traded on Monday. In the black market, Naira closes flatly to be traded in N1.615/$ 1. Also read: Naira Sheds N18 Against Dollars in Official Windows Naira lost …
Read More »Naira Shed N0.70 to be traded on N1.604.48/$ 1 in the official window
Nigerian currency, Naira depreciated a little of the US dollar on the official market on Monday, April 14, 2025. According to Nigerian Central Bank data (CBN), Naira declined to N1.604.48/$ 1 from N1, 603.78/$ 1 which was traded on Thursday, April 10, 2025. This is the loss of N0.70 for local currencies. In the black market, Naira got an N5 …
Read More »Naira Trades N1, 603/$ 1 in the official window
The Nigerian currency, Naira, was traded at N1.603.78 with the US dollar on an official market on Friday. Foreign exchange data of Bank Nigeria Bank Central Bank (CBN) revealed that the number N11.94 was higher than N1, 591.84/$ 1 local currency traded on Thursday. In the black market, Naira closes flatly at N1.620/$ 1. Also Read: Naira Trades N1, 531/$ …
Read More »Naira depreciated to N1.620/$ 1 in the Black Market, there was no official tariff
The Nigerian currency, Naira, depreciated the US dollar on the black market on Wednesday, April 9, 2025. This is even because there is no official tariff from the foreign exchange data of the Nigeria Central Bank (CBN) a few hours after the market is closed. In the black market, Naira descended to N1.620/$ 1 compared to the previous day level …
Read More »Naira gets underestimated N0.68 to recover from the days of shrinkage
The Nigerian currency, Naira, received a trivial N0.68 of the US dollar in an official window on Tuesday, April 8, 2025 to reverse a few days of shrinkage. According to Nigerian Central Bank data (CBN), Naira appreciates N1.611.55/$ 1 from N1, 612.23/$ 1 which is traded on Monday, April 7, 2025. This shows that Naira is valued by N0.68 to …
Read More »Naira continued depreciation, spilling N45 in the official market to trade at N1.612/$ 1
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 …
Read More »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/$ …
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