Naira appreciates strongly across official, black markets to begin week after Eid-al-Adha

Naira appreciates strongly across official, black markets to begin week after Eid-al-Adha

The naira appreciated significantly against the dollar across both the official and parallel foreign exchange markets to kick off the week on Tuesday, following the Eid-al-Adha holidays. The Central Bank of Nigeria’s official exchange data showed that it rose to N1540 per dollar on Tuesday, up from the N1,553.12 rate recorded on Thursday, June 5, 2025. This indicated that the naira gained N13.12 against the dollar when compared to the N1,553.12 …

NGX Market Capitalisation Adds ₦779bn as Investors Return Post-Public Holiday

Nigeria’s equities market opened the week with a ₦779 billion gain as investors resumed trading on Tuesday following the two-day public holiday declared to mark Eid-el-Kabir.

‎Naira Holds Firm Against Dollar in Black Market Amid Forex Volatility - Economic Confidential

‎The naira held steady against the US dollar at the parallel market on Wednesday, June 11, underscoring continued volatility in Nigeria’s

Naira Gains Sharply After Eid at Official, Black Markets

The naira made notable gains against the dollar in both the official and parallel foreign exchange markets as trading resumed on Tuesday, following the Eid-al-Adha holidays. According to the Central Bank of Nigeria’s official exchange data, the naira strengthened to N1540 per dollar on Tuesday, an increase from the N1,553.12 rate recorded on Thursday, June 5, 2025. This reflects an appreciation of N13.12 compared to the last recorded exchange ra…

Naira Appreciates to N1,540/$1 - Tech

The naira began the week on a positive note, appreciating by 0.84% in the official market on Tuesday. It closed at N1,540/$1, up from the previous close of N1,553/$1 according to data from the Nigerian Foreign Exchange Market (NFEM). During the trading session, the naira fluctuated between N1,532/$1 and N1,557.98/$1 revealing steady activity in the market. This appreciation extends the continuous growth that began in early June, with the gradual…

Exchange rate extends one-week appreciation rally across official, parallel markets post-Sallah holidays

The Naira has continued to extend its week-long appreciation stretch across official and parallel foreign exchange markets following the Sallah holidays.  The post Exchange rate extends one-week appreciation rally across official, parallel markets post-Sallah holidays  appeared first on Nairametrics.