Tag: Naira
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African Currencies Under New Strains as Naira Forecast to Weaken in 2025
A fresh wave of currency devaluation will hit big African economies in 2025 as Nigeria's naira is projected to decline by at least six...
Naira Gains Third Consecutive Day as Confidence Increases and Reserves Improve
The Nigerian currency maintained its three-consecutive-day appreciation, with the naira appreciating N1,583 per dollar on Wednesday at the official foreign exchange market.
Narrow appreciation follows...
Naira Finds Strength as Stability is Reached and Reserves Mount
The Nigerian naira has been slowly rising in recent times, modestly rising to 1,625 against the dollar in the parallel market from yesterday's previous...
Naira Rises Modestly Before Historic Monetary Policy Meeting
Nigeria's naira strengthened slightly on Monday, trading at N1,597 to the dollar in the official market from Friday's close of N1,599.01 to the dollar.
The...
Naira Rises Against the Dollar as CBN Policies Strengthen Investor Confidence
Nigeria’s naira began the week on a strong note, appreciating against the US dollar at the official foreign exchange window.
According to official data from...
