Naira Drops to N1550/$ in Black Market
The Nigerian naira has experienced a significant depreciation in the black market, reaching a rate of N1,550 per U.S. dollar
Jeremiah Ayegbusi March 8, 2025
- July 26, 2025
The Nigerian naira has experienced a significant depreciation in the black market, reaching a rate of N1,550 per U.S. dollar
The year 2025 holds significant promise for the stabilization of the Nigerian naira, which has experienced substantial depreciation in recent
In his speech marking Nigeria’s 64th Independence Day, President Bola Tinubu claimed that had attracted over $30 billion in FDI
The Nigerian Naira has shown recovery against the U.S. dollar in anticipation of key U.S. inflation data. With the Naira
On Monday, the Naira appreciated at the official market, trading at N1,607.15 to the dollar. Data from the FMDQ Exchange,
Key Points The Nigerian Naira depreciates against the US Dollar by 0.47% on the official exchange market. The exchange rate
“A (developing) nation’s exchange rate is indeed too important to leave completely in the hands of “market forces”. The
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