
Naira Strengthens: Bank Card Rates Drop to ₦1,371/$, Parallel Market Softens
Nigeria’s FX market is showing signs of easing, with both bank card rates and parallel market prices declining in tandem

Nigeria’s FX market is showing signs of easing, with both bank card rates and parallel market prices declining in tandem

Oil prices climbed above $100 per barrel, as conflict in the Middle East disrupted shipping through the Strait of Hormuz,

As of November 17, 2025, the Nigerian Naira’s exchange rates against major currencies showed bearish movements, weakening across different market

The Nigerian naira reached N1,427.5 per U.S. dollar at the close of trading on Friday, October 31, 2025, marking the












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