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Market 22 Jul 2025 Aisha Akinbani 0 Comments

Naira drops against dollar across foreign exchange market

On both the official and black markets, the value of the naira declined in relation to the US dollar.  According to the Central Bank of Nigeria’s FX data, the naira fell slightly versus the dollar on Monday to N1,532.54, compared to N1,532.34 exchanged on Friday last wee ....
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Market 19 Jul 2025 Aisha Akinbani 0 Comments

Naira rises to N1,537 per dollar in parallel market

On Thursday, the Naira was worth N1,540 per dollar; today, it was worth N1,537 per dollar on the parallel market.  Similarly, on the Nigerian Foreign Exchange Market (NFEM), the value of the Naira increased to N1,535 per dollar.  According to data released ....
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Market 17 Jul 2025 Aisha Akinbani 0 Comments

Naira drops significantly against dollar at foreign exchange market

At the official foreign exchange market, the naira saw a notable decline versus the dollar on Wednesday when trade resumed following Tuesday's public holiday in remembrance of the late former president Muhammadu Buhari.  According to the Central Bank of Nigeria's exchange ....
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Market 15 Jul 2025 Aisha Akinbani 0 Comments

Naira appreciates to N1,545 per dollar in parallel market

In the parallel market, the value of the naira increased from N1,550 to N1,545 per dollar over the weekend.  Similarly, on the Nigerian Foreign Exchange Market (NFEM), the value of the Naira increased to N1,528.65 per dollar.  According to data released by ....
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Market 12 Jul 2025 Aisha Akinbani 0 Comments

Naira appreciates to N1,550 per dollar in parallel market

In the parallel market on Friday, the value of the Naira increased by ?5 from N1,555/$ the day before to N1,550 per dollar.  In contrast, according to data issued by the Central Bank of Nigeria, the local currency in the Nigerian Foreign Exchange Market lost ?1 and dropped ....
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Market 08 Jul 2025 Aisha Akinbani 0 Comments

Naira depreciates to N1,565 per dollar in parallel market

In the parallel market, the value of the naira dropped from N1,560 to $1 last weekend to N1,565 to $1 yesterday.  Similarly, on the Nigerian Foreign Exchange Market (NFEM), the value of the Naira fell to N1,529.5 per dollar.  According to data released by ....
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