Tag: Naira
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Naira Closes 2025 Firmer at N1,429 per Dollar After Late Year FX Recovery
Nigeria’s naira ended 2025 on a stronger footing, closing at N1,429 to the dollar on December 31, according to data from the Central Bank...
Naira Opens Week Firmer as FX Market Holds Below N1,460 Per Dollar
The naira began the new trading week on a stronger footing, settling below the N1,460 per dollar mark and signalling improved calm in the...
Naira Faces Sustained Holiday-Driven Pressure as FX Inflows Hit New Lows
The naira has continued to experience downward pressure for seven straight trading days, with currency dealers attributing the trend to increased festive-season import demand.
Market...
Naira Weakens Again in November as FX Volatility Persists Despite CBN Measures
Nigeria’s currency closed November on a softer note, extending the volatility that has characterised the foreign exchange market in recent months.
At the official...
Naira Strengthens To N1,452/$1 Ahead of Crucial MPC Meeting
The naira opened the new week on a stronger note, posting mild gains in the official foreign exchange market ahead of the Central Bank...
