On October 8, 2025, at 01:29 PM WAT, the Nigerian Naira (NGN) experienced varied movements against major currencies. Data from
The naira extended its losing streak on Tuesday, weakening for the third consecutive trading session as dollar supply at the
The naira slipped to N1,475 per US dollar at the Nigerian Foreign Exchange Market (NFEM) as intensified dollar demand strained
The Nigerian naira is currently overvalued by about 30%, according to a new report by Renaissance Capital (Rencap), making it
The naira extended its appreciation against the US dollar, strengthening 0.29% to ₦1,476.35 at the Nigeria foreign exchange market on
The Federal Government has reaffirmed its commitment to the Domestic Crude Oil and Refined Products Sales in Local Currency Initiative,
The Nigerian naira rallied to N1,480 per dollar in official trading Friday, marking notable appreciation amid CBN interventions and rising
The naira continued its downward trajectory on Tuesday, depreciating to N1,493.2 per dollar in the official market following the Central
Nigeria’s external reserves climbed to $42.03 billion on September 19, 2025, marking the highest level since September 26, 2019 when
The naira weakened 0.05% against the US dollar on Monday, closing at ₦1,488.6017 per dollar at the official foreign exchange
For the first time in several years, Nigeria’s naira has not only stabilized but actually appreciated across both official and
The Nigerian Naira achieved its most consistent performance in recent years through targeted Central Bank of Nigeria (CBN) interventions, appreciating
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