Tag: foreign exchange (FX)

Naira Gains Strength Against Dollar Across FX Markets

by Ikenna Ngere

February 18, 2025

The naira continued its upward trend against the US dollar in both the parallel and official foreign exchange markets on Monday, marking a positive start to the week. A Bureau ...

Black Market Dollar to Naira Exchange Rate Today – June 24, 2025

CBN Sells $148 Million in Forex to 29 Authorized Dealers

by Ikenna Ngere

July 26, 2024

The Central Bank of Nigeria (CBN) announced that it sold $148 million in foreign exchange to 29 authorized dealer banks over a two-day period on July 22 and 23, 2024. ...

Nigerian Currency Firms Against the US Dollar on the Black Market, P2P, and I&E

by Harry Choms

November 25, 2022

On Thursday, the Nigerian currency performed better than its US counterpart in various foreign exchange (FX) segments. According to Entrepreneurng, the Naira eased the forex demand pressures it faced yesterday ...