Tag: Naira
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Naira Gains Ground at N1,455 per DollarÂ
The Nigerian Naira closed at N1,455 to the U.S. dollar and kept growing throughout 2025 at the Nigerian Foreign Exchange Market.
From N1,460 to...
Naira Dips as Reserves Climb to Six-Year Peak
Following the Central Bank of Nigeria's 302nd Monetary Policy Committee (MPC) meeting, the naira depreciated further on Tuesday to close at N1,493.20 per dollar...
Naira Strengthens as Market Confidence Pushes Exchange Rate Below N1,500
The naira showed resilience over the last week, recovering ground against the dollar and sinking below the N1,500 per dollar threshold for the first...
Naira Gains Strength as IMTOs Align with Official Market and Oil Firms Boost Dollar Supply
In recent weeks, Nigeria's foreign exchange market has seen more stability as licensed currency traders confirm that International Money Transfer Operators (IMTOs) are no...
Naira Holds Steady as Global Dollar Weakness Offers Relief
Beginning September, the Nigerian naira exhibited a stable showing in the parallel market, trading under N1,550 to the dollar, while the U.S. dollar started...
