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Market 20 Aug 2025 Aisha Akinbani 0 Comments

Naira depreciates to N1,555 per dollar in parallel market

In the parallel market, the value of the Naira dropped from N1,550 to $1 on Monday to N1,555 yesterday.  However, on the Nigerian Foreign Exchange Market (NFEM), the value of the Naira increased to N1,534.5 per dollar.  The Central Bank of Nigeria, or CBN, ....
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Market 15 Aug 2025 Aisha Akinbani 0 Comments

Naira continues to appreciate against dollar at foreign exchange market

At the official foreign exchange market on Thursday, the value of the naira continued to rise in relation to the dollar.  This is based on statistics from the Central Bank of Nigeria.  According to data from the apex bank's official website, the naira appreciated some ....
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Market 13 Aug 2025 Aisha Akinbani 0 Comments

Naira appreciates to N1,555 per dollar at parallel market

The Central Bank of Nigeria, or CBN, released data showing that the exchange rate for the naira fell to N1,536.8 per dollar from N1,538.4 per dollar on Monday, indicating a N2.2 appreciation for the naira. As a result, the margin between the parallel market and NFEM rate narrowed to N ....
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Market 09 Aug 2025 Aisha Akinbani 0 Comments

Naira appreciates to N1,565 per dollar at parallel market

On Thursday, the Naira was worth N1,570 per dollar, but today it was worth N1,565 per dollar on the parallel market.  Similarly, on the Nigerian Foreign Exchange Market (NFEM), the value of the naira increased to N1,534.9 per dollar.  According to data released by the ....
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Market 06 Aug 2025 Aisha Akinbani 0 Comments

Naira depreciates against dollar

After starting the week higher, the Naira depreciated against the dollar again on Tuesday on both the official and parallel foreign exchange markets.  The Naira fell to N1,533.10 versus the dollar on Tuesday from N1,531.95 on Monday, according to statistics on currency rat ....
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Market 05 Aug 2025 Aisha Akinbani 0 Comments

Naira gains against dollar at foreign exchange market

Amid growing external reserves, the naira strengthened versus the dollar on Monday at the official foreign currency market, starting the week on a positive note.  Exchange data from the Central Bank of Nigeria shows that the value of the naira increased from N1,533.74 on F ....
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