Tag: N1
Dollar pressure eases as Naira trades firm at N1,375/$
The Nigerian currency, the naira, strengthened slightly and traded at N1,375 per US dollar in the foreign exchange market.
Naira slides to N1,383/$ as external reserves dip further
The pressure on the naira reflects broader challenges in Nigeria’s FX market, including declining external reserves.
FX: Naira rallies to N1,348/$ as dollar wobbles
The Nigerian naira has continued to gain strength against the US dollar after its recent rise. Earlier this month, the…
Naira slips to N1,387/$ as Nigeria’s reserves fall below $50bn
The Central Bank of Nigeria expects reserves to rise to about $51 billion by the end of 2026 as part…