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2025: Naira crashes to N1,500/$ in February - Nigeria News Update

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After months of turbulence, the naira has shown signs of stability, settling around N1,500/$ after falling to N1,900/$ at its weakest. While optimists view this as a sign that the … The post 2025: Naira crashes to N1,500/$ in February ...

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Naira defies pressure, ends February below N1,500 per dollar

Naira closed February 2025 with an 8.5 per cent gain month-on-month on the parallel market to settle at 1,490/$, while it closed at 1,500/$ on the official market, indicating a 1.7 per cent m/m decline. According to the Afrinvest Monthly Market Report, the foreign reserve dipped by 3.2 per cent month-on-month. As of Thursday, it

29 days ago

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2025: Naira crashes to N1,500/$ in February - Nigeria News Update

29 days ago

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2025:Naira crashes to N1,500/$ in February

After months of turbulence, the naira has shown signs of stability, settling around N1,500/$ after falling to N1,900/$ at its weakest. While optimists view this as a sign that the The post 2025:Naira crashes to N1,500/$ in February appeared first on Blueprint Newspapers Limited.

29 days ago

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Naira’s gain: CBN crashes dollar for importers, releases new exchange rates for cargo clearance

The Central Bank of Nigeria (CBN) has released a new exchange rate for Customs duty, crashing the US dollar for importers following the rallying of the naira.

29 days ago·Ikeja, Nigeria

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