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FX Market
The naira weakened against the US dollar by N7 in the Nigerian foreign exchange market
The naira closed at N1,353.9741 per US dollar in Nigeria’s foreign exchange market on Friday, appreciating from the previous quote of N1,355.8855 as international payment pressures eased.
The naira depreciated strongly against the US dollar in the Nigerian foreign exchange market (NFEM) on Wednesday as pressure on the local currency deepened.
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Naira Diverges as Informal Sector’s FX Liquidity Tightens The naira diverges as the official and…
Naira Drops at Official Window as 2026 FX Projections Emerge The naira declined against the…
Naira Drops to N1,419 Amidst Broad Stability Projection The naira weakened marginally against the US…
Naira Climbs to N1,418 as Foreign Reserves Hits $45.623bn The naira appreciated further against the…
Naira Rallies Ease Corporate Foreign Payments Burden The naira appreciation has continued to reduce the…