Naira Appreciates on Official, Black Markets

Naira appreciates on official, black markets

The naira recorded an appreciation against the United States dollar across both the official and parallel foreign exchange markets on Monday. According to official data from the Central Bank of Nigeria, the naira strengthened slightly to N1,528.33 on Monday, compared to N1,528.56 recorded on Friday last week. This reflects a marginal gain of N0.23 at the official market, signalling a modest but positive movement in the currency’s value. Similarl…

Naira appreciates by N60 against dollar at black market

Naira Sells N1,520 Per Dollar at Official Market, N1,540/$1 at Black Market

By Adedapo Adesanya The Nigerian Naira sustained stability against the United States Dollar in the black market segment of the foreign exchange (FX) market on Monday, remaining unchanged at N1,540/$1. In the same vein, the Nigerian currency improved its value against the greenback during the trading day in the Nigerian Autonomous Foreign Exchange Market (NAFEM) […]

Naira Rises in Official, Black Markets

The naira gained value against the US dollar on Monday in both the official and parallel foreign exchange markets. According to the Central Bank of Nigeria, the naira saw a slight appreciation to N1,528.33 on Monday, up from N1,528.56 on Friday at the official market. This marks a modest gain of N0.23. Man holding and counting 100 dollar bills. Credit Business Post In the parallel, or black, market, the naira showed a more significant appreciati…

Naira gains N0.23 against dollar at official window

The Nigerian currency, the naira, appreciated against the American dollar at the official window on Monday.The Central Bank of Nigeria (CBN) foreign …

Again, Naira Holds Firm Against Dollar in Official, Black Market  - Economi Confidential

Again, Naira Holds Firm Against Dollar in Official, Black Market  ‎The Nigerian Naira remained steady against the US dollar on Monday, July 7, in both the official and parallel markets, reflecting persistent pressure and volatility in the country’s foreign exchange environment. ‎In the black market, currency dealers in Abuja told Economic Confidential that the naira […] The post Again, Naira Holds Firm Against Dollar in Official, Black Market  a…