Tag: FX market stability

Naira hits 10-month high on strong FX inflows and investor confidence

Business Damilola Bayonle -
Nigeria’s local currency, the naira, has reached its highest level in 10 months, buoyed by strong foreign exchange inflows...

Naira stays under 1,500/$ for 10 straight days, boosting market confidence

Business Damilola Bayonle -
For the first time in over six months, the Nigerian currency has maintained a sustained recovery at the official...

Naira Closes July at ₦1,533.55/$, Depreciates by 0.25%

Business Damilola Bayonle -
The Nigerian naira concluded the month of July 2025 at ₦1,533.55 per dollar in the official Nigerian Foreign Exchange...