Tag: Naira
Naira, stocks drop after Trump’s military threat
Nigeria’s financial markets began November 2025 on a sour note as the naira and equities weakened sharply following remarks by United States ...Naira gains at official market, trades at N1,421/$
The naira has appreciated to N1,421 per dollar at the official section of the foreign exchange (FX) market. Data from the Nigerian ...FX inflows, reserves boost naira to N1,497/$
The Nigerian naira on Monday appreciated against the United States dollar, trading below the N1,500/$ threshold for the first time in over ...Naira strengthens to 1,514/$, nears five-month high
The naira traded near a five-month high at 1514.86/$ on the official window at the close of last week, according to data ...Naira hits four-month high at official market, trades at N1,518/$
The naira, Nigeria’s local currency, appreciated to N1,518.88 per dollar at the parallel section of the foreign exchange (FX) market on Monday. ...Naira to stabilise at N1,600–N1,650/$ – Rewane
Economist and Managing Director of Financial Derivatives Limited, Bismarck Rewane, has projected that the naira would trade within N1,600-N1,650 to a dollar ...Naira struggles at official window, depreciates to 1536/$
The naira struggled at the official window in the past week, shedding 1.25 per cent week-on-week to settle at 1536.89/$ on Friday. ...Naira depreciates to N1,570/$ in parallel market
The Naira yesterday depreciated to N1,570 per dollar in the parallel market from N1,545 per dollar last weekend. But the Naira appreciated ...How FG spent $8bn to support naira – Rewane
The federal government has spent approximately $8 billion to stabilise the naira, the Chief Executive Officer of Financial Derivatives Company, Bismarck Rewane, ...Naira appreciates to N1,505/$1 as CBN retains interest rates
The naira has sustained its strong performance as the local currency appreciated to close at N1,505/$1 at the parallel market on Thursday, ...
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