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Naira crashes against US dollar to lowest level in 2025

Summary by Legit.ng - Nigeria News.
The value of the naira has depreciated across all foreign exchange markets, and it is now at its lowest level in 2025 in the unofficial forex market
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

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Legit.ng - Nigeria news.Legit.ng - Nigeria news.

Naira crashes against US dollar to lowest level in 2025

The value of the naira has depreciated across all foreign exchange markets, and it is now at its lowest level in 2025 in the unofficial forex market

·Ikeja, Nigeria
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National Daily NewspaperNational Daily Newspaper

Naira slips near 2025 lows as demand for Dollar surges

The Nigerian naira continued to weaken against the U.S. dollar this week, hovering near its 2025 lows, as renewed appetite for the greenback intensified across markets. Heightened demand from individuals and corporates—driven by import obligations and essential currency needs—fueled further pressure on the local unit despite ongoing reforms by the Central Bank of Nigeria (CBN). On the parallel market, unofficial data showed the naira trading bet…

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TheCityCelebTheCityCeleb

Aboki Naira to Dollar Black Market Rate Today, 8th May 2025

The black market exchange rate for the US Dollar (USD) to Nigerian Naira (NGN), commonly referred to as the “Aboki… Read More: Aboki Naira to Dollar Black Market Rate Today, 8th May 2025

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TheCityCeleb broke the news in on Thursday, May 8, 2025.
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