By Seun Ibiyemi The Nigerian naira traded with relative stability on Tuesday, amid continued fluctuations in the foreign exchange market, reflecting cautious optimism driven by improving liquidity and market reforms. Latest data from market trackers indicate that the naira hovered around the ₦1,360–₦1,370 range against the United States dollar in the official Nigerian Foreign Exchange…
By Seun Ibiyemi The naira, recorded a relatively stable performance at the start of trading on Monday, maintaining its position against major global currencies despite ongoing market pressures. At the official Nigerian Foreign Exchange Market (NFEM), the naira traded at approximately ₦1,356.74 to the United States dollar, reflecting a steady trend seen in recent sessions….
By Seun Ibiyemi The Nigerian naira, displayed signs of resilience on Monday as it posted modest gains against the United States dollar in the foreign exchange market, signalling a positive start to the week for the local currency. Data from the Nigerian Foreign Exchange Market (NFEM) and parallel trading points across major cities indicated that…
By Seun Ibiyemi The Nigerian naira recorded a modest gain against the United States dollar at the official foreign exchange market on Thursday, reflecting improved liquidity and renewed intervention by monetary authorities. Data from the Nigerian Foreign Exchange Market (NFEM) showed that the naira closed at about ₦1,373.5 per dollar, strengthening slightly from the previous…
By Seun Ibiyemi The Nigerian naira appreciated further at the official foreign exchange market on Wednesday, closing at N1,376.19 to the United States dollar, according to data released by the Central Bank of Nigeria (CBN). Figures published on the CBN’s website showed that the local currency gained N25.20 against the dollar at the Nigerian Autonomous…
By Seun Ibiyemi The Nigerian currency, the Nigerian Naira, recorded a mixed performance on Tuesday as it strengthened slightly in the official market while remaining under pressure in the parallel market amid sustained demand for foreign exchange. Data from the Nigerian Foreign Exchange Market showed that the naira opened trading at about ₦1,398.24 per dollar…
By Seun Ibiyemi The Nigerian currency, the Nigerian naira, recorded mixed performance against the United States dollar in trading on Monday as foreign exchange market volatility persisted. Data from the Nigerian Foreign Exchange Market (NFEM) showed that the naira traded around ₦1,391 per dollar during Monday’s session, reflecting slight movements as traders adjusted positions in…
By Seun Ibiyemi Nigeria’s currency, the naira, recorded a mixed performance across foreign exchange markets in the week ended March 7, 2026, appreciating slightly at the official window while trading relatively stable in the parallel market. At the official market monitored by the Central Bank of Nigeria, the naira closed the week around ₦1,363 per…
By Seun Ibiyemi Nigeria’s currency, the Nigerian naira, recorded mixed performance against the United States dollar on Friday as trading closed with slight fluctuations across the official and parallel foreign exchange markets. At the official market, the naira traded around ₦1,385 to the dollar at the Nigerian Foreign Exchange Market, reflecting mild depreciation compared with…
By Seun Ibiyemi The Nigerian naira recorded a mixed performance against the United States dollar on Thursday as the foreign exchange market continued to respond to fluctuating liquidity and sustained demand for foreign currency. At the official window of the Nigerian Foreign Exchange Market (NFEM), the naira weakened slightly, closing at about ₦1,387.45 per dollar,…
