Tag: Naira
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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...
Naira Faces Fresh Pressure at Official Market Despite CBN Interventions
Nigeria’s local currency, the naira, came under renewed pressure this week as it slid to ₦1,612 per dollar at the official foreign exchange window...
Naira Slides to ₦1,602/$1 as Dollar Shortage and Weak Inflows Deepen Pressure on FX Market
Nigeria’s local currency, the naira, continued its descent against the U.S. dollar, closing at ₦1,602.02/$1 at the official window on Tuesday, April 29, 2025.
This...
