Naira Records Highest Appreciation in One Month as CBN Pumps More FX

Naira records highest appreciation in one month as CBN pumps more FX

The Nigerian currency has recorded its highest gains in 30 days, appreciating to N1,579 per dollar, up from N1,583.92 recorded the previous day at NFEM.

Dollar To Naira Black Market Exchange Rate Today, Friday, May 23rd 2025

The Dollar to Naira exchange rate in the Black Market showed slight depreciation on Friday, May 23rd 2025, as demand for the U.S. dollar increased due to import settlements and end-of-week bulk transactions. Despite minor fluctuations earlier in the week, the Naira continued to trade under pressure in the parallel market amid limited foreign exchange […] The post Dollar to Naira Black Market Exchange Rate Today, Friday, May 23rd 2025 appeared fi…

Dollar To Naira Exchange Rate Today – 23rd May 2025

Dollar To Naira Exchange Rate Today – 23rd May. CBN official rate remains between ₦1582 and ₦1588 per dollar. Naira still under pressure despite CBN’s forex stabilisation efforts. The naira continues to struggle against the US dollar at the parallel market as demand for foreign exchange remains high despite efforts by the Central Bank of […] The post Dollar To Naira Exchange Rate Today – 23rd May 2025 appeared first on EkoHotBlog.

StatePress NG: Naira gains strength against dollar in official, parallel markets

Naira Gains Value Against Dollar in All Forex Markets

The naira appreciated against the U.S. dollar on Wednesday, marking its first broad-based gain across both the official and parallel foreign exchange markets this week. According to data from the Central Bank of Nigeria (CBN), the naira closed at ₦1,584.49 per dollar in the official market, strengthening by ₦5.96 from Tuesday’s closing rate of ₦1,590.45. In the parallel (black) market, the naira also posted gains, trading at ₦1,625 per dollar on…

Naira Gains Against Dollar in Official, Black Markets - Economic Confidential

‎The naira appreciated by ₦3.32 against the US dollar in the parallel market on Thursday.‎ A source at the Abuja black market told Economic