Tag: Naira
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Why the Naira Is Hovering Around N1,400 Again
Nigeria’s currency has slipped back toward the N1,400 range against the dollar, reversing much of the optimism that recently surrounded the naira’s brief recovery...
Naira Falls to N1,390 as Official Market Slide Deepens
The naira extended its losing streak at the official foreign exchange window on Tuesday, closing at N1,390 to the dollar and marking nearly two...
Naira Falls to N1,376 as Dollar Gains on Global Tensions
The naira opened the week on a weaker note, sliding to N1,376 against the United States dollar at the official market as renewed tensions...
Naira Gap Between Official and Black Market Rates Expands
Nigeria’s foreign exchange market is once again under pressure as the gap between the official window and the parallel market widens, driven by speculation...
Naira Climbs to N1,577 Per Euro as FX Liquidity Improves
Official market data from the Central Bank of Nigeria show that the naira improved more against the euro, finishing at N1,577.3 per euro on...
