CBN records highest dollar sale in one week as Naira falls to new exchange rate

Naira slides to N1,606/$1 at official market amid liquidity strain

The naira depreciated to N1,606.00 per dollar at the official foreign exchange market on Tuesday, April 22, 2025, according to data published on the Central Bank of Nigeria (CBN) website. This represents a marginal decline from the N1,600.50/$1 recorded on Thursday, April 17, 2025, the last trading day before the Easter holidays. The currency’s latest performance reflects a loss of N5.50 or 0.34% over the four-day holiday period, underscoring pe…

CBN records highest dollar sale in one week as Naira falls to new exchange rate

The Central Bank of Nigeria recorded its biggest dollar sales on Nigerian Foreign Exchange Market (NFEM) amid continue pressure on naira exchange rate.

Naira weakens further to N1,606/$1 at official market after Easter break

The naira depreciated to N1,606.00/$1 on Tuesday, April 22, 2025, at the official foreign exchange market.  The post Naira weakens further to N1,606/$1 at official market after Easter break  appeared first on Nairametrics.

Naira depreciates against dollar across official, black markets...

Nigeria's currency, the naira, depreciated against the dollar at the official and parallel foreign exchange markets upon the resumption of work after Easte... #business, #news, #naira, #dollar, #flyingeze