Naira Sees Largest Daily Gain, Rises to N1,401 Per Dollar

Staff ReporterJanuary 28, 20260

The naira recorded its largest daily gain since the beginning of the year at the Nigerian foreign exchange market on Tuesday, as US dollar supply eclipsed demand for foreign payments.

Naira Touches N1,400 per Dollar in Nigerian Currency Market

Ogochukwu NdubuisiJanuary 27, 20260

Naira Touches N1,400 per Dollar in Nigerian Currency Market The naira appreciated sharply against the US dollar at the official…

Naira Climbs to N1,418 as U.S. Dollar Index Weakens

Olu AnisereJanuary 26, 20260

The Nigerian naira traded at N1,418 per dollar at the Nigerian Foreign Exchange Market (NAFEM) window on Monday in the absence of foreign payments pressures.

British Pound Climbs to $1.3525 on UK Economic Data

Olu AnisereJanuary 25, 20260

The British pound or the sterling climbed against the US dollar at the forex market, traded at $1.3525, its highest level in over two weeks.

Naira Skids on FX Payment Burden, Foreign Reserve Hits $46bn

Olu AnisereJanuary 25, 20260

The naira skidded against the US dollar at the official window as FX payments weighed on liquidity balance in Nigeria’s forex market, amidst growing external reserves.

Naira Settles at N1,421 Per U.S. Dollar as FX Pressures Ease

Ogochukwu NdubuisiJanuary 23, 20260

Naira Settles at N1,421 Per U.S. Dollar as FX Pressures Ease The naira settled at N1,421 per dollar at the…

Naira Skids Versus U.S. Dollar in Nigeria’s FX Market

Ogochukwu NdubuisiJanuary 22, 20260

The Naira depreciated by N1.38 against the US dollar at the Nigerian Foreign Exchange Market (NFEM) on Thursday, closing the session at ₦1,422.07/$, according to daily FX update released by the Central Bank.