Tag: Parallel market

The Nigerian naira recorded mixed performance across markets on Tuesday, sliding to ₦1,585 per dollar in the parallel market, down from ₦1,570 per dollar just a day earlier. Conversely, the ...

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 ...

The naira appreciated to ₦1,600 per dollar in the parallel market on Monday, strengthening from ₦1,610 recorded over the weekend. Similarly, in the Nigerian Foreign Exchange Market (NFEM), the naira ...

As of March 4, 2025, the Nigerian naira has experienced a depreciation in the parallel market, trading at approximately ₦1,510 per US dollar. This decline follows a period of relative ...

As of February 26, 2025, the Nigerian Naira has experienced fluctuations in the foreign exchange markets. In the parallel market, the Naira depreciated to ₦1,502 per US dollar, down from ...

The Naira rose more in the parallel market yesterday to N1,610 per dollar, up from N1,615 per dollar last Friday, as sluggish dollar demand persisted. However, the Naira fell to ...

On January 29, 2025, the Naira rose to ₦1,640 per US dollar on the parallel market, up from ₦1,655 the day before. The Naira also enjoyed gains in the official ...

The Naira rose to N1,660 per dollar in the parallel market yesterday, up from N1,662 per dollar the previous weekend. However, the Naira fell to N1,550 per dollar in the ...

The Naira appreciated to ₦1,660 per dollar in the parallel market on Monday, up from ₦1,662 per dollar recorded over the weekend. In contrast, the Naira depreciated in the official ...

Following a brief gain last week, the naira plummeted on the parallel market yesterday as speculators' actions further devalued the currency to N1630/$1. Since the Central Bank of Nigeria (CBN) switched ...