Tag: forex market Nigeria

Naira gains ground: Currency strengthens to N1,357/$ as oil prices and reserves rise

Business Damilola Bayonle -
Nigeria’s foreign exchange market opened the week on a positive trajectory, as improved dollar inflows and rising crude oil...

Naira slides again as currency loses ground against dollar in official and black markets

Business Damilola Bayonle -
Nigeria’s local currency extended its downward trend at the end of the trading week, recording fresh losses against the...

Naira shows resilience as dollar trades steady across official and black markets

Business Damilola Bayonle -
Dollar to Naira exchange rate today, February 13, 2026 shows sustained stability across key FX windows The dollar to Naira...

CBN’s New $150,000 weekly BDC dollar limit sparks fresh optimism for naira recovery

Business Damilola Bayonle -
Naira set to strengthen with new BDC dollar limit Currency market operators and financial analysts have projected renewed stability in...

Shocking Surge: Canadian Dollar to Naira exchange rate soars again today

Business Damilola Bayonle -
Understanding Today’s Canadian Dollar to Naira Exchange Rate The Canadian Dollar to Naira exchange rate opened the new month on...

Alert: Naira depreciation against dollar sparks market watch

Business Damilola Bayonle -
The Nigerian currency recorded a slight, as Naira depreciation against the US dollar at the official foreign exchange market...

Strong FX stability triggers 90% auto import boom

Business Damilola Bayonle -
Nigeria’s auto import sector is witnessing an unprecedented boom as recent foreign exchange (FX) stability continues to reshape trade...

Naira soars to ₦1,500/$ on strong reserves boost

Business Damilola Bayonle -
The Nigerian naira sustained its upward momentum on Wednesday, trading at ₦1,500.91 per United States dollar in the official...

Naira Appreciates Against Dollar, Ends Week at N1,534.72

Business Damilola Bayonle -
The Nigerian Naira closed the week stronger against the U.S. dollar, recording a modest appreciation at the official foreign...