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: ...
Over the past week, the Nigerian naira saw a decline against the U.S. dollar in both the official and parallel markets, reversing some of the gains it had recently recorded. ...
The naira’s depreciation reached a new low last weekend, hitting ₦1,740 per dollar in the parallel market as pressure on Nigeria’s currency continues to intensify. In contrast, the Nigerian Autonomous ...
The exchange rate between the Nigerian Naira and the US Dollar experienced one of its most challenging weeks in recent history, both on the official NAFEM (Nigerian Autonomous Foreign Exchange ...
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