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The Central Bank of Nigeria has released the latest United States dollars to naira exchange rates in the official and unofficial foreign exchange markets ...
The Nigerian currency, the naira, depreciated further against the American dollar at the official window on Friday. The Central Bank of Nigeria (CBN) foreign exchange data showed that the naira closed ...
The value of the Nigerian currency has appreciated against the United States dollar after President Donald Trump commented on replacing the Federal Reserve boss.
The Naira broke the key resistance line at the black market while the greenback sank to a 3-year low in the global foreign exchange market. The Nigerian currency settled at N1,590/$ during the ...
The naira closed flat against the Canadian dollar to trade at N1,200/CA$1. The naira lost N5 against the Euro to trade at ₦1,800/€1 as against the previous ₦1,795/€1.
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.
This means that the naira weakened by 10 against the dollar on a day-to-day basis. Meanwhile, at the official market naira appreciated marginally.
The US dollar crashed again in the foreign exchange market as the naira continued to surge against major currencies, closing at N1,501 per dollar on Tuesday.
In the black market, the Naira appreciated by ₦5 against the US dollar, trading at ₦1,565/$1, compared to ₦1,570/$1 the previous day.