The Nigerian currency closed weaker in the official market after the Monetary Policy Committee of the Central Bank of Nigeria announced a reduction in the benchmark...
The Nigerian naira weakened to N1,340/$ at the official market on Wednesday, up from N1,337/$ recorded on Tuesday, according to data from the Central Bank of...
The naira appreciated to N1,337 per dollar at the official foreign exchange window on Tuesday, improving from N1,344 recorded the previous day. Figures published by the...
Market analysts expect the naira to gain value following the Central Bank of Nigeria’s (CBN) decision to allow licensed Bureau de Change operators to purchase up...
The Nigerian naira gained ground against the euro in Thursday’s trading, closing at ₦1,606/€1, an improvement from Wednesday’s ₦1,644/€1, according to Central Bank of Nigeria (CBN)...
The naira appreciated to N1,394 per dollar at the official foreign exchange market on Wednesday, marking its strongest performance since May 2024. Trading data from the...
The naira recorded a mixed performance mid-week, maintaining relative stability at the official foreign exchange window while continuing to weaken in the parallel market. Data from...