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As of June 5, 2025, the Nigerian naira experienced a significant appreciation against the U.S. dollar in both official and parallel markets, coinciding with the Eid al-Adha festivities. Official Market: ...
The Federal Government through the Central Bank of Nigeria, has commenced payment of outstanding matured FX forwards owed to various creditors, the PUNCH can report. A source familiar with the development confirmed ...
The Naira gained across investors and exporters (I&E) window and the parallel market with predictions by various analysts of the trend sustaining as foreign reserves records gains as well. Last ...