Naira Slips Again Amid Rising Dollar Demand and Forex Shortage
Nigeria’s currency is feeling a bit of pressure again. Early Thursday trading saw the naira dip slightly at the official window, with rates hovering around ₦1,351 per dollar on the...
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Nigeria’s currency is feeling a bit of pressure again. Early Thursday trading saw the naira dip slightly at the official window, with rates hovering around ₦1,351 per dollar on the...
The Nigerian naira continued its upward movement against the United States dollar on Wednesday, edging closer to the N1,350 exchange rate mark in the official foreign exchange mark...
As of the morning of Friday, April 17, 2026, the Nigerian Naira continues to navigate a complex landscape agai
The Nigerian Naira showed relative stability on May 5, 2026, as it traded within a narrow range across both the official and parallel foreign exchange markets in Nigeria.
The Nigerian naira closed the trading week on a slightly weaker note at the official foreign exchange market, shedding a modest N1.33 against the US dollar to settle at ₦1,343.63...
The Naira is finally standing its ground On April 21, the local currency flexed its muscles at ₦1345.47/$ in the official market while keeping the Black Market.
The Nigerian Naira maintained relative stability against the United States Dollar on Thursday morning across bo
The Nigerian Naira opened the final trading week of April 2026 with relative stability as the foreign exchange
The Nigerian naira continued its upward movement against the United States dollar, closing closer to the N1,350 benchmark in the official foreign exchange market as renewed investo...
Nigeria’s currency weakened again in the official market, settling around N1,355 to the dollar as pressure in the foreign exchange space persists. Latest figures from the Central B...
The naira continued its upward movement on Wednesday, closing at N1,341.99 against the U.S. dollar at the official foreign exchange market, its strongest performance since February...
The Nigerian naira recorded a mild decline against the United States dollar at the official foreign exchange market, closing at N1,375/$ amid growing concerns over renewed tensions...
The naira slipped further in the official market on Tuesday, closing at N1,383 to the dollar as pressure in Nigeria’s foreign exchange space continued to build. Central Bank of Nig...
The judge agreed with the CBN and other defendants' arguments that though the company had been incorporated since 2004, it had a misleading name. The post Court orders company to d...
The naira strengthened to N1,365 against the dollar on Thursday, supported by a broad weakening of the greenback in global markets, according to data from the Central Bank of Niger...
The naira extended its losing streak at the official market on Monday, closing at N1,369 to the dollar, its weakest level in weeks, as pressure on Nigeria’s foreign exchange market...
Market spectators are closely watching to see if the Naira can sustain this official support level through the close of the trading session.
The naira weakened at the official foreign exchange market last week, closing at N1,358.44 to the dollar, as pressure mounted on Nigeria’s external position and reserve levels decl...
The Nigerian Naira strengthened to approximately N1,344 per dollar in the official market on April 16, 2026, driven by increased foreign inflows and Central Bank of Nigeria reforms...
The Nigerian naira showed relative stability against the US dollar on April 29, 2026, trading around ₦1,360/$ at the official Nigerian Foreign Exchange Market (NFEM) despite ongo...
Nigeria’s currency recorded a rare monthly gain in April, with the naira strengthening against the dollar for the first time in years during the post-reform FX era. Data from the C...
Nigeria’s currency came under fresh pressure last week as the naira weakened slightly against the United States dollar in both the official and parallel foreign exchange markets de...
The Nigerian naira posted modest gains against the US dollar on both the official and parallel markets on Thursday, May 7, 2026, supported by improved foreign exchange supply and o...
The Naira yesterday depreciated to N1,405 per dollar in the parallel market from N1,380 per dollar on Monday. The post Naira depreciates to N1,405/$ in parallel market appeared fi...
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