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The Nigerian naira faced mixed fortunes on Wednesday, April 3, 2025, depreciating at the official market while remaining stable on the parallel window. At...
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Naira depreciates at official market, holds steady on parallel window
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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 naira on Monday appreciated in the official foreign exchange (FX) market as the Central Bank of Nigeria (CBN) accounted for the highest dollar...
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 currency settled lower against the haven currency in the second trading session of the week amid high demand for the U.S. dollar...
The Central Bank of Nigeria (CBN) has raised concerns over the increasing trend of illicit transactions involving banknotes, warning that the practice threatens the...
The naira on Thursday fell sharply against the dollar by 3.5 percent in the parallel market, popularly called black market. Data collated from street...
Analysis of the CBN data showed that a significant portion of the N5.24 trillion, N4.74 trillion, or 90.4 per cent, was held outside the...
The steady appreciation of the naira was as a result of about $8 billion the federal government spent to keep it up to its...
In the past week, the naira experienced a mixed performance across various segments, reflecting the Central Bank of Nigeria’s ongoing efforts to stabilise the...
The Nigerian naira is at its strongest level in the unofficial market this year amid improved market fundamentals and ongoing reforms by the Central...