naira vs dollar
Naira Drops 19 Kobo at Official Market
The Nigerian Naira ended the week slightly weaker against the U.S. dollar, losing 19 kobo on Friday, August 1, at the official foreign exchange market. According to the Central Bank of Nigeria (CBN), the Naira closed at N1,533.74/$1, compared to N1,533.55/$1 on Thursday. This marginal depreciation comes despite modest gains seen earlier in the week, […]
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Naira Falls Against Dollar in Official and Parallel Markets
The Nigerian naira slid against the U.S. dollar across both the official and parallel markets on Friday, July 4, 2025, ending a week of earlier gains on a sour note and reigniting concerns over the stability of the nation’s foreign exchange market. According to data from the Central Bank of Nigeria (CBN), the naira closed […]