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Naira drops against dollar at foreign exchange market

The week ended negatively for the naira due to a notable depreciation against the naira at the official foreign exchange market.  According to figures from the Central Bank of Nigeria, the value of the Naira fell from N1,455.25 on Thursday to N1,465.68 on Friday.  Thi ....
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Naira rises to N1,530 per dollar in parallel market

In the parallel market, the value of the Naira increased from N1,537 to N1,530 per dollar on Wednesday to N1,530 yesterday.  Similarly, on the Nigerian Foreign Exchange Market (NFEM), the value of the Naira increased to N1,490 per dollar.  According to dat ....
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Naira appreciates against dollar at foreign market

As the nation's external reserves increased to $41.84 billion as of September 15, 2025, the Naira saw the most increase against the US dollar on the official foreign exchange rate market.  According to figures from the Central Bank of Nigeria, the value of the naira increa ....
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Naira appreciates against dollar at foreign exchange market

To close out the week on a positive note, the Naira appreciated against the dollar once more on Friday at the official foreign currency market.  According to foreign currency data from the Central Bank of Nigeria, the value of the Naira increased from N1,502.13 on Thursday ....
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Naira rises to N1,525 per dollar in parallel market

In the parallel market, the value of the Naira increased from N1,530 to N1,525 per dollar on Monday to N1,525 yesterday.  Similarly, on the Nigerian Foreign Exchange Market (NFEM), the value of the Naira increased to N1,506.5 per dollar.  The naira appreciated by ....
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Naira depreciates to N1,540 per dollar in parallel market

In the parallel market, the value of the Naira dropped from N1,537 to N1,540 per dollar on Tuesday to N1,540 yesterday.  However, on the Nigerian Foreign Exchange Market (NFEM), the value of the Naira increased to N1,522 per dollar. According to information released by the Centra ....
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