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Market 22 May 2025 Aisha Akinbani 0 Comments

Naira rises to N1,615 per dollar in parallel market

On Tuesday, the naira was about N1,620 per dollar, while yesterday it was worth N1, 615 per dollar on the parallel market.  Similarly, on the Nigerian Foreign Exchange Market (NFEM), the value of the Naira increased to N1,583 per dollar.  According to info ....
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Market 21 May 2025 Aisha Akinbani 0 Comments

Naira appreciates to N1,620 per dollar in parallel market

The naira rose from N1,625 to N1,620 per dollar on Monday to N1,620 per dollar yesterday in the parallel market.  However, on the Nigerian Foreign Exchange Market (NFEM), the value of the Naira dropped to N1,598.69 per dollar.  The naira depreciated by N1. ....
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Market 20 May 2025 Aisha Akinbani 0 Comments

Naira gains against dollar in black market

On Monday, the alternative foreign exchange market saw a sharp increase in the value of the naira relative to the dollar.  Abubakar Alhasan, a Bureau de Change operator in Wuse Zone 4, confirmed that the naira appreciated sharply from Friday last week's trading of N1,635 to N1,61 ....
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Market 15 May 2025 Aisha Akinbani 0 Comments

Naira drops to N1,635 per dollar in parallel market

In the parallel market, the value of the naira dropped from N1,625 to N1,625 per dollar on Tuesday to N1,635 yesterday.  From the start of this month till now, the Naira has depreciated by 1.8%, or N29, on the parallel market.  However, on the Nigerian Foreign Exchang ....
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Market 13 May 2025 Aisha Akinbani 0 Comments

Naira appreciates against dollar at foreign exchange market

At the official foreign exchange market on Monday, the naira saw its biggest increase versus the dollar since April 30, 2025.  According to exchange data from the Central Bank of Nigeria, the value of the currency increased from N1,606.15 on Friday of last week to N1,600.4 ....
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Market 10 May 2025 Aisha Akinbani 0 Comments

Naira drops to N1,630 per dollar in parallel market

In the parallel market, the value of the naira dropped from N1,625 to N1,630 per dollar on Thursday to N1,630 on Friday.  The value of the naira fluctuated this week after depreciating to N1,610 per dollar at the beginning of the week.  When compared to the N1,60 ....
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