NAFEM

Nigerian Naira Vs U.S. Dollar: What To Expect This Week (17th-22nd, March 2025)

Naira Remains Stable At N1,483/$1, Traders Express Cautious Optimism

The naira remained stable at N1,483.62 per US dollar on Monday, at the Nigerian Autonomous Foreign Exchange Market, as reported by FMDQ Securities Exchange Limited. This marks a marginal strengthening of 0.02 per cent from the rate of N1,483.99 quoted on Friday,

June 11, 2024

Naira Ends Week With N30 Gain In Black Market: Hope For Naira?

Business·Markets·News

Naira Slips To N1,421/$1 At Official Markets, Analysts Warn Of Lingering FX Instability

The Naira took a slight dip on Wednesday, closing at N1,421/$ at the Nigerian Autonomous Foreign Exchange Market (NAFEM). This marks a 1.27 percent drop from the previous day’s rate of N1,403/$, as reported by FMDQ Securities. According to data, the dollar

May 9, 2024

Business·Markets·News

Naira Depreciates Further, Trades At N1,402 Against US Dollar

The naira continued its downward trend, losing value against the US dollar on Thursday at the official market. According to data from the FMDQ exchange securities, the naira depreciated by N12 or 0.86 percent to N1,402 against the US dollar, down from

May 3, 2024

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 1st July 2025

Business·Currency

Naira’s Winning-streak Continues As Value Rises To N1,382/$1 At Official Market

Nigeria’s currency, the naira has continued to rise in value, trading at N1.382.95/$1 at the official market on Tuesday, 26 March 2024.

March 27, 2024

Naira Opens Week With Gain Across FX Markets

Business·Currency

Forex: Naira Ends Week On A Positive Note With N1,431/$ At Official Market

Nigeria’s currency, the naira, that has been depreciating in value for months in the foreign exchange market, ended this week on a positive note at rate of N1,431.49 against one US Dollar at the official market.

March 24, 2024

Naira Appreciates, Ends Week Positive Across Official, Black Markets

Business·Markets·News

NAFEM Sees 56% Drop In Transactions As Naira Hits N1,480 Amid Rising Demand for Dollars

In a turn of events, the Nigerian Autonomous Foreign Exchange Market (NAFEM) witnessed a significant 56% decline in transaction value, plummeting from $465.29 million on Tuesday to $203.93 million on Wednesday, as reported by FMDQ Exchange on Thursday. Analysts attribute this downturn

February 9, 2024

Business·Currency·News

Naira Depreciates To N1,233/$ In Parallel Market, Registers Tepid Movement Across Forex Platforms

In the currency exchange market's dynamics, the Naira traded N1,233 against the US dollar at the parallel market on Monday, as affirmed by Bureau de Change (BDC) operators.

December 26, 2023

Business·Currency·News

Naira Inches Up Marginally To N888/$1 In Official Market

The Nigerian Naira showcased a slight but noteworthy gain against the dollar on Monday, 18th December 2023, demonstrating fluctuations in both official and parallel markets. Registering a 0.17% appreciation, the currency closed at N888.35 to a dollar, marking a notable shift from

December 18, 2023

Cookie	Duration	Description
cookielawinfo-checbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Naira Remains Stable At N1,483/$1, Traders Express Cautious Optimism

Naira Slips To N1,421/$1 At Official Markets, Analysts Warn Of Lingering FX Instability

Naira Depreciates Further, Trades At N1,402 Against US Dollar

Naira’s Winning-streak Continues As Value Rises To N1,382/$1 At Official Market

Forex: Naira Ends Week On A Positive Note With N1,431/$ At Official Market

NAFEM Sees 56% Drop In Transactions As Naira Hits N1,480 Amid Rising Demand for Dollars

Naira Depreciates To N1,233/$ In Parallel Market, Registers Tepid Movement Across Forex Platforms

Naira Inches Up Marginally To N888/$1 In Official Market

Featured Stories

British Airways Cancels Abuja-Heathrow Morning Flight Over AVM Obierika’s In-flight Death

Nigeria’s Foreign Minister Tuggar, AMCON MD Alade, Ex-Trade Minister Adebayo, In British Airways Flight Where Air Vice Marshal Obierika Died Arrive Abuja, Condole With Family

Stranded in Barcelona for 12 Hours: British Airways Passengers Left Without Accommodation After Emergency Landing

Egypt’s Net Foreign Assets Slip to $17.9 Billion in August Amid Strong Deposit Growth

Whatsapp Channel

Latest News

Nigerians Embrace INEC’s Tech Reforms but Doubt Election Credibility

British Airways Cancels Abuja-Heathrow Morning Flight Over AVM Obierika’s In-flight Death

Nigeria’s Foreign Minister Tuggar, AMCON MD Alade, Ex-Trade Minister Adebayo, In British Airways Flight Where Air Vice Marshal Obierika Died Arrive Abuja, Condole With Family

Minister Nnaji Vs UNN: Court Adjourns Hearing of Minister’s Certificate Case to November 10

Silver Outlook 2025: Between Industrial Deficit and the Global Liquidity Shift Toward the White Metal?

CBN’s Android POS Directive Could Upend Nigeria’s ₦8 Trillion Payment Industry — Here’s Why Fintechs, Agents, and Banks Should Be Worried

Naira Firms Across FX Markets, Trades at ₦1,470.52 to Dollar

Investors Brush Off US Government Shutdown, Weak Hiring

Nigerians Embrace INEC’s Tech Reforms but Doubt Election Credibility

Suggestions

NAFEM

Featured Stories

Follow Us

Whatsapp Channel

Latest News