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Nigerian Naira continues to exhibit stable movements across both the official and parallel foreign exchange markets as trading gets underway on Tuesday, October 13, 2026. At the official Nigerian Foreign Exchange Market (NFEM), the Naira maintains a steady position, trading at approximately 1,332.49 to the US dollar. Market data and tracker insights from the Central […]
Continue ReadingReports coming in say that the Nigerian Naira extended its winning streak against the United States Dollar during the early hours of Thursday, February 5, 2026. Building on the momentum from the start of the week, the local currency has significantly improved its position in the official market, as liquidity levels remain robust. Naira opened […]
Continue ReadingFrustration was growing over the continued depreciation of the naira against the dollar at the weekend, with the local currency weakening to N1, 099 against the greenback at the official window and N1, 200 at the spot market. Bola Tinubu had severely criticised former Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, […]
Continue ReadingNigeria’s Naira fell further against the dollar at the parallel market on Wednesday after staying steady at 515/$ in recent days. It now fell to 517 against the US currency at the parallel market. The Naira weakened at the Investors and Exporters’ window by 0.06 per cent to close at 411.75/$ on Wednesday, according to […]
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