Tag: Naira
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Naira Slips as Forex Trading Volume Falls Sharply
On Wednesday, the Nigerian naira marginally fell versus the United States dollar as activity in the official foreign exchange market significantly slowed.
The Central Bank...
Naira Hits Seven-Week High as Dollar Falls and Reserves Climb
Nigeria’s currency extended its recent gains on Monday, strengthening to N1,356 against the United States dollar at the official foreign exchange market, its strongest...
Naira Holds Firm At N1,823 Against Pound
The Nigerian naira continued its positive run against the British pound, opening trading at N1,823 per £1 as recent foreign exchange reforms and stronger...
Naira Slides Slightly Despite Rise in Nigeria’s Foreign Reserves
Nigeria’s currency came under fresh pressure last week as the naira weakened slightly against the United States dollar in both the official and parallel...
Naira Gains Ground Against British Pound Amid UK Political Tension
The Nigerian naira recorded fresh gains against the British pound in the foreign exchange market, strengthening to around N1,840 per pound as pressure mounted...
