The federal government has spent about $8 billion to stabilise the exchange rate of the Naira to the US dollar at its current ...

The Naira appreciated by N60 against the dollar at the parallel foreign exchange market on a week-on-week basis. Analysis of the exchange rate in the ...

The official and parallel-market exchange rates for the naira converged for the first time in nearly two years on Thursday, ...

The naira appreciated to N1,535 per dollar in the parallel market, commonly referred to as the black market, driven by ...

The Central Bank of Nigeria has provided an update on the naira exchange rate against the US dollar in the official and ...

The Naira recorded its first appreciation against the Dollar at the parallel foreign exchange market since the commencement ...

Policymakers have been warned by Bismarck Rewane, CEO of Financial Derivatives Company, not to become reckless because of the ...

The Nigerian naira is at its strongest level in the unofficial market this year amid improved market fundamentals and ongoing ...

The naira is performing strongly against the US dollar in the official and unofficial foreign exchange market, a big boost ...

The Association of Bureau De Change Operators of Nigeria (ABCON) has praised its members for the effective implementation of the ...

Meanwhile, the naira closed in the green in the parallel market on Wednesday, February 5, 2025, appreciating N1,599 from N1,601 per dollar. Experts say the exchange rate windows are nearing ...

In the black market, the Naira appreciated by ₦5 against the US dollar, trading at ₦1,565/$1, compared to ₦1,570/$1 the previous day. The official exchange rate from the apex bank remained ...