- DMO Cuts Nigerian Government Bond Rates as Real Return Widens
- Nestoil Debt Recovery: $60m Lifeline for Nigeria’s Banks – Test of Oil Sector Credit Risk
- Profit-Taking Reduces NGX Market Capitalisation by N106bn
- Naira Rises to N1,349/$ as Interbank FX Turnover Spikes 266%
- XRP Price Risks Free-Falling as Short Position Builds on Binance
- Geregu Power Names Jaoji Acting Chief Executive Officer
- Access Holdings Announces H1 2026 Earnings Results Delay
- Nigeria’s Headline Inflation Rate Declines to 15.43%
FX Market
The naira appreciated to N1,349 to the US dollar at the Nigerian foreign exchange market (NFEM) as the local currency extended its rally on Monday.
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.
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