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FX Market: Naira Opens Week With Decline 

FX Market: Naira Opens Week With Decline 

The Nigerian naira opened the week on a negative note, recording depreciation against the United States Dollar at the official foreign exchange market on Monday, 18 August. The naira traded N1,533.67 per dollar at the Nigerian Foreign Exchange Market (NFEM) on Monday. This means
August 18, 2025

Naira Opens Week With Decline Across Forex Markets

The Nigerian currency, the naira, opened the week on a note of decline across foreign exchange market windows. At the official market, the Central Bank of Nigeria (CBN) data showed that the naira traded ₦1,535.92 per dollar, at the Nigerian Foreign Exchange
August 12, 2025
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