Naira Gains Against Dollar Across Official, Black Markets
7 Articles
7 Articles
Naira Appreciates to N1,525/$1 at NAFEM, Trades Flat at Parallel Market
By Adedapo Adesanya The Naira further extended its positive run against the United States Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Thursday by 32 Kobo or 0.02 per cent to settle at N1,525.99/$1 compared with the previous day’s value of N1,526.31/$1. But, in the same official market window, the Nigerian currency depreciated against […]
Naira Gains Ground On CBN Policy Momentum » News.ng
The Nigerian naira recorded a modest gain of ₦0.14 against the dollar, closing at ₦1,529.57 per USD on July 2, 2025, compared to ₦1,529.71 the previous day at the Nigerian Foreign Exchange Market (NFEM). In the parallel market, the currency appreciated more significantly, closing at ₦1,560 per dollar—an improvement of ₦10, or 0.6%, from ₦1,570 the day before. This development marks a continuation of the currency’s gradual stabilisation trend, dr…
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