The Nigerian currency ended the month weaker, despite a monthly decline in the dollar index. Data from the FMDQ revealed that the naira posted a monthly loss of more than five per…

The Naira on Wednesday appreciated against the dollar at the official foreign exchange on the first anniversary of President Bola Tinubu in office. FMDQ data showed that the Naira appreciated to N1329.65…

The foreign exchange (FX) market opened on Monday, with the naira exchanging with the dollar at N1,520 on the parallel market, also known as black market. This represents 1.32 percent depreciation over…

1United States Dollar equals 1,447.50 Nigerian Naira The naira stayed around a key support line in the country’s unofficial market as analysts expect Nigeria’s apex bank to increase interest rates later today.…

1 United States Dollar equals 1,432.50 Nigerian Naira. The Nigerian naira had earlier in the week showed positive signs but now, it’s losing its clout against the dollar.

The naira is still fighting hard against the dollar. It has made a small improvement overnight as the rate dropped from N1,420.50 to N1,418.50 this morning. Therefore, Naira grew by N2.00 against…

The naira traded at a loss at the official market, depreciating to N1,402 against the United States dollar on Thursday. According to data from the FMDQ exchange securities, the naira dropped by…