Tag: Dollar

On Friday, the naira weakened to N1,630 per dollar in the parallel market, down from N1,625 on Thursday. Throughout the week, the currency showed a fluctuating trend, having started with ...

As of Tuesday, April 15, 2025, the Nigerian naira depreciated against the U.S. dollar in the official foreign exchange market, closing at ₦1,604.00 per dollar, down from ₦1,599.00 the previous ...

​The Nigerian naira has experienced a significant depreciation against the U.S. dollar, coinciding with the recent announcement of new tariffs by U.S. President Donald Trump. On Thursday, April 3, 2025, ...

The Naira strengthened in the parallel market on Thursday, appreciating to ₦1,560 per dollar from ₦1,570 per dollar recorded the previous day. However, in the Nigerian Foreign Exchange Market (NFEM), ...

In the parallel market, Nigerian Naira has shown a pattern of gaining compared to the US dollar. As of February 8, 2025, the Naira strengthened from ₦1,570 on Thursday to ...

On Wednesday, the naira depreciated against the dollar once more on the official and black foreign exchange markets. This comes after the naira depreciated from N1,678.93 to N1687.52 per dollar on Tuesday, ...

Following a flurry of reforms by the Central Bank of Nigeria, forex turnover at the official foreign currency market soared to $23.29bn within over six months of trade. Between January ...

The naira on Wednesday slightly depreciated at the official market, trading at N1,421.06 to the dollar. Data from the official trading platform of the FMDQ Exchange, a platform that oversees ...

The naira traded at a loss at the official market, depreciating to N1,402 against the United States dollar on Thursday. According to data from the FMDQ exchange securities, the naira ...

The naira maintained a steady appreciation against the United States dollar on Thursday, gaining N18 to close 1,382/$ at the official market. This came as Presidency warned currency speculators to ...