Forex Review
Naira Falls to N1,600/$ in The parallel market
Naira Value Plummets: Parallel Market Rate Hits N1,600 per Dollar, Official Rate at N1,545
The value of the Nigerian Naira has taken a hit, with the parallel market rate experiencing a significant depreciation to N1,600 per dollar yesterday. This represents … Continue Reading
Naira Rises to N1,550/$ in parallel market
Naira Sees Mixed Performance in Parallel and Official Foreign Exchange Markets
In a notable shift, the Naira has appreciated to N1,550 per dollar in the parallel market, an improvement from N1,555 per dollar recorded over the past weekend. This change … Continue Reading
Naira Rises to N1,685/$ in parallel market
Naira Gains Momentum Against Dollar in Both Parallel and Official Markets
The Naira demonstrated notable improvement yesterday, rising to N1,685 per dollar in the parallel market, up from N1,695 per dollar on Wednesday. In the official foreign exchange market, … Continue Reading
Naira Rises To N1,695 per dollar in The Parallel Market
Naira Strengthens Against the Dollar in Parallel Market
The Naira recorded gains in the parallel market yesterday, appreciating to N1,695 per dollar, up from N1,725 per dollar on Tuesday. This positive movement reflects a broader trend, with the Naira remaining … Continue Reading
Naira Rises to N1,725/$ in parallel market
Naira Sees Mild Appreciation in Parallel Market; Stability in NAFEM Rates
In a recent shift, the Nigerian Naira appreciated slightly in the parallel market, rising to N1,725 per dollar on Tuesday, up from N1,730 per dollar observed on Monday.
Conversely, … Continue Reading
Naira Rises to N1,740/$ in parallel market
Naira Sees Positive Movement Against the Dollar in Parallel and NAFEM Markets
In an encouraging development for the Nigerian economy, the Naira strengthened against the US dollar in the parallel market, climbing to N1,740 per dollar from N1,745 per dollar … Continue Reading
Naira Falls to N1,745/$ in parallel market
Naira Experiences Mixed Performance in Foreign Exchange Markets
In a fluctuating day on the foreign exchange front, the Naira saw depreciation within the parallel market, slipping to N1,745 per dollar on Thursday, compared to N1,740 per dollar the previous day.… Continue Reading
Naira may Fall To ₦2000 per dollar in 2025 — Report
Nigeria’s Macroeconomic Outlook for 2025: Naira May Reach N2000 per Dollar
In a recent report released in Abuja, Veriv Africa, a research and advisory firm focused on data insights, has presented its Nigeria Macroeconomic Outlook for 2025, projecting significant … Continue Reading
Naira Rises to N1,720/$ in parallel market
Naira Shows Signs of Appreciation Against the Dollar
In a positive turn of events for the Naira, the currency rallied to N1,720 per dollar in the parallel market on Tuesday, a slight improvement from its previous rate of N1,725 per … Continue Reading
Naira Rise to N1,715/$ in parallel market
Naira Shows Mixed Performance Against Dollar in Parallel and Official Markets
In recent trading sessions, the Naira demonstrated varied performance against the US dollar. As of yesterday, the Naira appreciated to N1,715 per dollar in the parallel market, a rise … Continue Reading