Tag: dollar
Naira records fresh decline, trades at N1,381/$
The Nigerian naira lost value against the United States dollar at the official foreign exchange market during the week ending…
Naira records first weekly boost, trades at N1,368/$
Market observers will be watching closely to see whether the positive performance recorded on Monday can be sustained in the…
Naira roars back! Posts biggest weekly gain against Dollar in months
The Nigerian naira opened the new trading week on a firm note, recording a significant gain against the U.S. dollar…
Dangote declares Naira could hit ₦1,100 to Dollar before 2026 ends
He emphasized that Nigeria's heavy reliance on imports creates a challenging dynamic: a stronger naira could lower costs across the…
Naira may drop below ₦1,000/$1 before year-end — Otedola
The expansion will also include the production of 2.4 million tonnes of polypropylene and 400,000 metric tonnes of Linear Alkyl…
Naira dominates Dollar in stunning rebound
The Naira has been on a gradual upward trajectory in recent weeks, breaking below the psychologically significant N1,400 mark earlier…
Naira wobbles at Official Market, ends Week slightly down
Despite the marginal loss at the close of the week, the naira maintained relative stability, supported by recent foreign exchange…
Naira ends Week stronger, gains N10.43 against Dollar at Official Market
The naira ended the trading week on a positive note on Friday, strengthening further against the United States dollar at…
Naira stages Epic week-long surge crushing Dollar dominance again
This week-long winning streak comes amid widespread praise for the CBN's aggressive reforms, which have injected stability into the forex…
Naira maintains stability, edges higher against Dollar
The Nigerian naira kicked off the first full trading week of 2026 on a positive note, gaining ground against the…
What Naira did against Dollar today shocked Traders
The Nigerian naira opened the new year on a firm footing, appreciating by ₦4.90 against the U.S. dollar in the…
After volatile week, Naira ends stronger against U.S. Dollar
The week's performance painted a picture of erratic swings, underscoring the Naira's vulnerability to speculative pressures and external shocks like…
Naira in massive gains against Dollar, hits eight-month high
The 1.07% gain or ₦15.23, against Tuesday's rate of ₦1,436.97 extends a five-day rally that has shaved nearly 2.2% off…
Naira holds strong, external reserves hit $42.79 billion
However, they also warn that consistent results will depend on Nigeria’s ability to increase production, attract foreign investors, and manage…
Naira crashes again against Dollar
This marked a 0.29 percent decline, equivalent to a N4.32 loss compared to Thursday’s rate of N1,471.02. The depreciation rounded…