The current value represents a 0.75 percent gain from the N1,530.26/$ on July 11. The latest record marks the naira’s strongest performance since March 14, when it exchanged at N1,517.93 per dollar. S...
The naira closed trading at 1,529.22/$ at the official Nigerian Foreign Exchange Market window on Tuesday. According to data on the Central Bank of Nigeria’s website, Tuesday’s closing was weaker than...
The naira strengthened at the official window in the past week to 1,547/$ from 1,549/$, supported by intervention from the Central Bank of Nigeria, which injected dollars into the market to ease corpo...
The naira closed flat on Tuesday at the official foreign exchange (FX) market following an improvement in liquidity. After trading on Tuesday, the naira appreciated slightly against the dollar by N5.5...
The Federal Government, Wednesday assured Nigerians that the Crude-for-Naira initiative will continue for as long as it aligns with public interest and supports the national economy. The assurance fol...
The naira depreciated by 2.4 per cent and 2.6 per cent in March at both the Nigerian Autonomous Foreign Exchange Market window and the parallel market compared to the previous month. According to the ...
Arise Business Analyst, Chika Mbonu yesterday discussed the recent CBN’s intervention of $197 million in the FX markets caused by a number of global macroeconomic concerns. Do well to watch the ...
The Nigerian naira faced mixed fortunes on Wednesday, April 3, 2025, depreciating at the official market while remaining stable on the parallel window. At the Nigerian Autonomous Foreign Exchange Mark...
The naira on Monday appreciated in the official foreign exchange (FX) market as the Central Bank of Nigeria (CBN) accounted for the highest dollar inflows of 39.85 percent in the Nigerian Foreign Exch...
At the close of trading on Wednesday, the naira appreciated by 0.16 per cent to 1530.52/$ from 1532.93/$ in the previous trading session on the Nigerian Foreign Exchange Market, data from the Central ...
