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The Nigerian naira maintained its resilience against the United States dollar on Monday in both official and parallel markets. Data from the Nigerian Foreign Exchange Market showed the domestic currency trading at 1,357.26 naira per dollar at the official window. This figure represents a slight appreciation from the 1,361.05 naira recorded during previous trading sessions…
The Nigerian naira maintained relative stability against the United States dollar on Thursday, June 4, 2026, trading within a tight band across both the official and parallel foreign exchange windows as market reforms continued to anchor price discovery. At the Nigerian Foreign Exchange Market (NFEM), the naira was quoted at approximately N1,373.25 per dollar,…
The Nigerian naira appreciated slightly against the United States dollar on Monday morning to open the trading week on a positive note. Data from the official foreign exchange market showed the local currency strengthened to 1,370.98 naira per dollar. This subtle gain marks a recovery from the sharper swings observed late last month. Local currency…
The Nigerian Naira maintained relative stability against the United States Dollar during early morning trading across both official and parallel markets. Financial market data on Tuesday showed the local currency trading near N1,370.94 per dollar at the official window. Bureau de Change operators in Lagos and Abuja reported similar tight trading spreads, indicating a temporary…
Nigeria’s currency held firm against the United States Dollar in the early hours of Thursday, May 21, 2026, trading at 1,371.25 per Dollar in the Nigerian Foreign Exchange Market, the official window for formal currency trade, following the Central Bank of Nigeria’s decision to retain its benchmark interest rate unchanged. The Monetary Policy Committee…
The naira maintains its fragile grip on the 1,370 mark against the American dollar as trading opens this Thursday. Market data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) shows the local currency starting the day at 1370.05. This slight shift follows a week of incremental movements that suggest a cooling of the recent frantic…
Nigeria’s equities market extended its winning streak to a fifth consecutive week, with the NGX All-Share Index leaping 7.33 per cent to close at 242,277.81 points but a sharp split in sectoral performance revealed that not all investors were sharing in the euphoria. Market capitalisation swelled by N10.66tn to reach N155.99tn, driven by aggressive…
The Nigerian naira maintained a cautious equilibrium against the United States dollar on Tuesday, trading at ₦1,374 in the official market. This relative stability reflects a central bank determined to pin the currency within a narrow band, even as the broader economy chafes under dollar scarcity. While the official window saw trades fluctuate between ₦1,362…
The Nigerian Naira recorded a modest depreciation against the United States Dollar in the early hours of Thursday, 23 April 2026, as sustained demand for the greenback continued to test currency stability across both the official and alternative foreign exchange segments. Real-time data published by the FMDQ Securities Exchange showed that the Naira opened…
The naira remained largely unchanged on Thursday, trading at 1,379.50 against the dollar. Data from the Nigerian Foreign Exchange Market show the currency opened at 1,378.98 before hitting an intraday peak of 1,380.00. This stability persists despite a volatile global backdrop that threatens to upend emerging market currencies. Local trading activity stayed moderate as dealers…
