7 Articles
7 Articles
Naira Gains Amid Dollar Inflows, Sustained Reforms Bolster Confidence » News.ng
The Nigerian naira appreciated across both official and parallel currency markets on Tuesday, July 1, 2025, building on a trend of relative stability backed by ongoing economic reforms and stronger dollar inflows. In the official Nigerian Foreign Exchange Market (NFEM), the naira rose slightly by 14 kobo to close at ₦1,529.57 per U.S. dollar, improving from ₦1,529.71 recorded a day earlier, according to Central Bank of Nigeria (CBN) data. In the…


Naira gains big in official market as dollar sinks globally
The Nigerian currency showed some strength in the Nigerian foreign exchange market, while the haven currency dipped to its lowest level since February 2022 in the global currency market. The post Naira gains big in official market as dollar sinks globally appeared first on Nairametrics.
Naira Strengthens Against Dollar in Official, Black Market
Naira Strengthens Against Dollar in Official, Black Market The Nigerian Naira remained steady against the US dollar on Tuesday, June 1, 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 exchanged at […] The post Naira Strengthens Against Dollar in Official, Black Market …
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