Foreign exchange market

Naira stable in black market as U.S. Dollar weakens globally 

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Naira Stable In Black Market As U.s. Dollar Weakens Globally 

Naira Holds Steady in Black Market Amid Global US Dollar Weakening In a surprising twist for global currency watchers, Nigeria’s Naira has maintained its footing in the unofficial black market even as the U.S. dollar slumps worldwide. This stability could signal shifting economic tides with ripple effects far beyond Africa’s largest economy. Current Exchange Rates … Read more

Naira closes week at N1,488/$1, strongest level for any week since January 

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Naira Closes Week At N1,488/, Strongest Level For Any Week Since January 

Naira’s Stellar Week: Closes at N1,488/$1, Strongest Since January Amid CBN Reforms and Easing Inflation Nigeria’s battered naira staged a dramatic comeback this week, closing at N1,488 per US dollar in the Investors & Exporters (I&E) window on Friday, September 19, 2025—the most robust weekly performance since January. This 2.5% appreciation from last Friday’s N1,526/$1 … Read more