The Nigerian currency depreciated slightly in the official and parallel foreign exchange markets on Tuesday, February 4, 2025 ...
The exchange rate between the naira and the US dollar showed signs of stability mid-week, trading at N1,605/$1 in the ...
The naira on Tuesday closed flat across foreign exchange (FX) markets following reduced demand and improved liquidity as the ...
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 naira appreciated against the dollar at the parallel foreign exchange market to close Monday’s trading. A Bureau de ...
Conversely, at the parallel foreign exchange market, the Naira retained its position at N1,610 per dollar on Monday, ...
Nigeria’s foreign exchange (FX) reserves declined significantly by $1.16 billion in January 2025, wiping out the $592.58 million gain recorded ...
Nigeria’s external reserves declined significantly by about $1.19 billion in the last three weeks plus. This is according to ...
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 difference between the official and parallel market exchange rates of the naira has narrowed, as the currency continues ...
The Nigerian naira weakened against the US dollar on Tuesday in the foreign exchange (FX) market due to a slight shortage ...
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