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 Naira dropped slightly against the dollar to end the week at both the official and parallel foreign exchange markets for ...

But the naira maintained stability across foreign exchange (FX) markets despite steady decline in external reserves that have ...

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

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

Bismarck Rewane, chief executive officer of Financial Derivatives Company has reechoed the position of the CBN and also other ...

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

The naira's strong performance has continued as the local currency appreciated again to close at N1514/$1 at the parallel market ...

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

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 ...

Consequently, the margin between the parallel market and NFEM rate widened to N57.5 per dollar from 88 kobo per dollar on Thursday.