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FX Market
The Nigerian naira closed relatively flat at N1,328 per US dollar in the foreign exchange market
The naira gained about 4.7% in the last seven months, supported by the Central Bank of Nigeria….
The Nigerian naira dropped slightly to N1368.2232 per US dollar at the official window during the last trading session on Friday, coincidentally the end of July, 2026.
South African rand firmer after US Federal Reserve decision to keep rates weakened the dollar amidst a slowdown in oil price movements in the global commodity market.
The naira softened slightly against the US dollar at the Nigerian foreign exchange market (NFEM), where the local currency closed at N1366.7278 on Thursday.
The Nigerian naira softened against the US dollar at the official FX window, with data showing a sharp decline in interbank turnover over the past 24 hours.
Naira Weakens as Nigeria’s Foreign Reserves Dip Below $52bn The Naira exchange rate weakened against…