The naira on Wednesday appreciated to N1,590 per dollar, crossing the N1,600 psychological point in the black market. Compared with the past month, the naira has gained 4.7 percent, rising by N75 from ...

The exchange rate between the naira and the US dollar showed signs of stability mid-week, trading at N1,605/$1 in the ...

Conversely, at the parallel foreign exchange market, the Naira retained its position at N1,610 per dollar on Monday, ...

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The difference between the official and parallel market exchange rates of the naira has narrowed, as the currency continues ...

Nigeria’s external reserves have decreased by approximately $1.19 billion over the past three weeks, according to data from ...

The Nigerian naira weakened against the US dollar on Tuesday in the foreign exchange (FX) market due to a slight shortage ...

The naira on Tuesday closed flat across foreign exchange (FX) markets following reduced demand and improved liquidity as the ...

The FX Code, therefore, serves as an official directive that all market participants are expected to observe in their operations. As part of compliance requirements, market participants must conduct a ...

The naira appreciated against the dollar at the parallel foreign exchange market to close Monday’s trading. A Bureau de ...

Despite the decline in the country’s external reserves, the Naira had remained relatively stable at below the N1,500 per ...

Nigeria’s foreign exchange (FX) reserves declined significantly by $1.16 billion in January 2025, wiping out the $592.58 million gain recorded ...