naira dollar exchange rate

Naira Drops to N1550/$ in Black Market

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… Read More

4 months ago

Naira’s Freefall is Over – Isaac Marshall

The year 2025 holds significant promise for the stabilization of the Nigerian naira, which has experienced substantial depreciation in recent… Read More

5 months ago

President Tinubu Says Nigeria Has Attracted $30 billion in FDI in a Year

In his speech marking Nigeria's 64th Independence Day, President Bola Tinubu  claimed that had attracted over $30 billion in FDI… Read More

9 months ago

Naira Gains Momentum Ahead of U.S. Inflation Report

The Nigerian Naira has shown recovery against the U.S. dollar in anticipation of key U.S. inflation data. With the Naira… Read More

10 months ago

Naira to dollar: Naira gains 0.6% in official market as turnover drops

On Monday, the Naira appreciated at the official market, trading at N1,607.15 to the dollar. Data from the FMDQ Exchange,… Read More

11 months ago

Investors gain N95bn in midweek stock trading as Naira depreciates by 0.47%

Key Points The Nigerian Naira depreciates against the US Dollar by 0.47% on the official exchange market. The exchange rate… Read More

12 months ago

The Exchange Rate: N950/$ May Be Better Than N650/$

  "A (developing) nation’s exchange rate is indeed too important to leave completely in the hands of “market forces”.  The… Read More

2 years ago