Tag: Naira
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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 MeetingÂ
The naira opened the new week on a stronger note, posting mild gains in the official foreign exchange market ahead of the Central Bank...
Naira Declines Slightly as Forex Market Faces Renewed Pressure
The naira closed the week weaker at the official foreign exchange window, slipping by 0.98 per cent to settle at N1,456.72 to the dollar...
Naira Gains Momentum as FATF Delisting and CBN Reforms Boost Market Confidence
Nigeria’s currency is gradually regaining strength, with the Naira recording steady improvements against the United States dollar across both official and parallel foreign exchange...
Naira Holds Steady Amid Slower Dollar Inflows and Tight Liquidity
The naira traded largely unchanged across official and parallel foreign exchange markets on Monday, even as weekly foreign exchange inflows dropped by 15.7 percent,...
