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Naira dollar exchange

Naira Records Marginal Depreciation Across Forex Markets

July 31, 2025

The Nigerian naira recorded marginal depreciation across foreign exchange market Windows on Wednesday, 30 July. At the Nigerian Foreign Exchange Market (NFEM), the naira slightly fell by ₦1.34 to ₦1,534.52 on Wednesday

Business News·Currency·Markets

Naira Falls Against Dollar Across FX Markets

July 22, 2025

After ending last week on a positive note, the Nigerian naira depreciated against the United States Dollar across official and parallel foreign exchange windows as the market opened this week. The Central

Opinion

Nigeria Week Ahead: Inflation, Oil, And Naira in focus

July 14, 2025

A flurry of high-risk events may pump global financial markets with fresh volatility this week. Top-tier data, including US Inflation, the unofficial start of earnings season, and US Congress “Crypto Week,” among other

Business News·Currency·Markets

Naira Sinks Further Despite CBN’s Efforts To Boost Liquidity, Stability

April 8, 2025

The Nigerian naira has continued to depreciate against the dollar at the foreign exchange (FX) market, despite efforts by the Central Bank of Nigeria (CBN) to boost FX liquidity. Data from the

Oil Prices Surge Amid Middle East Conflict Fears, Brent Crude Nears $80 Per Barrel

Finance & Economy

Week Ahead: Nigeria CPI, USD And Oil In Focus

November 11, 2024

By Lukman Otunuga, Senior Market Analyst At FXTM With the US election done and dusted, the focus shifts back to key data from across the globe. It will be a week packed

Naira Ends Week With N59.71 Gain At Official Market

Finance & Economy

US Elections: Trump wins! What Does This Mean For Nigeria?

November 6, 2024

By Lukman Otunuga Trump wins race to White House! Assets tied to “Trump trades” higher on election outcome Bitcoin surges over 8% to hit fresh all-time high USD dominates FX space, posts

Naira Vs Dollar: What To Expect This Week (2nd - 6th June 2025)

Business News·Currency·Markets·News

Naira Rebounds As Dollar Supply Surges To $450.39m

October 4, 2024

The Nigerian naira recorded appreciation for the first time in the week’s trading at the official segment of the foreign exchange market. The naira exchanged N1659.26 against dollar on Thursday, 3 October,

Business News·Currency·Markets·News

Naira Loses ₦57.13 As Exchange Rate Rises To ₦1,637 Per Dollar At Official Market

September 11, 2024

The naira lost N57.13 as exchange rate rose to N1,637.59 per dollar at the official market on Tuesday, 10 September. This reflects 3.61 per cent loss in 24 hours when to compared

Naira Appreciates, Ends Week Positive Across Official, Black Markets

Business News·Currency·Markets

Naira Drops To N1606 Per Dollar, Lowest In 3 Weeks At Official Market

August 29, 2024

After weeks of intense monetary policy actions to stabilize the value of the naira, the local currency on Wednesday, 28 August dropped to ₦1606.56 per dollar. This is the lowest in three

UNIZIK Council: Nze Duru Urges FG To Appoint Individuals With Unquestionable Character

Business News·Opinion

Abdulsamad Rabiu’s $1bn Dollar Loss In Net Worth: Another Call To Strengthen The Naira

August 19, 2024

The vagaries of the financial and stock markets can sometimes be vicious in their manifestations at times. Today, an investor, especially in wealthy stocks, may be riding high on the sentiments or

Business News·Currency·Markets·News

Naira Sustains Gain In New Week At Official Market

August 12, 2024

The Nigerian currency the naira, has further appreciated, exchanging N1,570.99 at the official market on Monday, 12th August. The naira has continued to gain against the dollar at the official segment of

Weak Naira: CBN Sells $543.5m To Boost FX Market

Business News·Currency·News

CBN Orders Banks, Forex Dealers To Accept Old, Lower Dollar Denominations

July 3, 2024

The Central Bank of Nigeria (CBN) has warned licensed forex dealers and Deposit Money Banks (DMBs) against rejecting older and smaller denominations of US dollars. The apex bank stated that they are

Business News·Currency·News

Why Nigerian Govt Plans To Ban Naira From Crypto Trading Platforms

May 7, 2024

the Securities and Exchange Commission (SEC) has finalized plans to delist the naira from all peer-to-peer cryptocurrency trading platforms.

CPPE Highlights Why Nigerian Govt Should Review Customs FX Rate For Cargo Clearance

Currency·Finance & Economy

CBN Raises Customs FX Rate For Import Duties By 19.43% In 1 Week As Naira Depreciates

April 30, 2024

CBN has increased the foreign exchange (FX) rate for calculating Customs duties by 19.43 per cent in one week following the recent depreciation of the naira in the forex market.

Naira Opens Week With Gain Across FX Markets

Business News·Currency

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Naira dollar exchange

Naira Records Marginal Depreciation Across Forex Markets

Naira Falls Against Dollar Across FX Markets

Nigeria Week Ahead: Inflation, Oil, And Naira in focus

Naira Sinks Further Despite CBN’s Efforts To Boost Liquidity, Stability

Week Ahead: Nigeria CPI, USD And Oil In Focus

US Elections: Trump wins! What Does This Mean For Nigeria?

Naira Rebounds As Dollar Supply Surges To $450.39m

Naira Loses ₦57.13 As Exchange Rate Rises To ₦1,637 Per Dollar At Official Market

Naira Drops To N1606 Per Dollar, Lowest In 3 Weeks At Official Market

Abdulsamad Rabiu’s $1bn Dollar Loss In Net Worth: Another Call To Strengthen The Naira

Naira Sustains Gain In New Week At Official Market

CBN Orders Banks, Forex Dealers To Accept Old, Lower Dollar Denominations

Why Nigerian Govt Plans To Ban Naira From Crypto Trading Platforms

CBN Raises Customs FX Rate For Import Duties By 19.43% In 1 Week As Naira Depreciates

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

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