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Naira strengthens in parallel market, closes week at N1,520/$1, stronger than CBN rate
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Naira strengthens to N1,520/$1 in parallel market amid rising reserves
The Nigerian naira ended the week on a high in the parallel market, appreciating to N1,520 per dollar on Friday, July 25, 2025 — its strongest level in recent days and a significant gain compared to earlier in the week. This marks a N14 difference from the official exchange rate of N1,534/$1 posted by the Central Bank of Nigeria (CBN) as of market close on Thursday. This consistent upward trend in the unofficial market began earlier in the week,…
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Cryptocurrency News | Cryptocurrency Prices | Market CapNaira strengthens in parallel market, closes week at N1,520/$1, stronger than CBN rate
The Naira closed the week on a high note in the parallel market, reaching N1,520/$1, making it the strongest performance for the currency throughout the week. This rate is N14 stronger than the official rate posted by the Central Bank of Nigeria (CBN), which stood at N1,534/$1 as of market close on Thursday. This development […] The post Naira strengthens in parallel market, closes week at N1,520/$1, stronger than CBN rate appeared first on Nai…
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