The Nigerian foreign exchange market opened the new month with the Naira trading at slightly stronger levels against the U.S. Dollar in the black market. As...
The Nigerian Naira continues to face downward pressure as the foreign exchange demand outpaces available supply in the parallel market. As of today, Friday, May 31st,...
The Nigerian foreign exchange market remains under pressure as the Naira continues to weaken against the United States Dollar in the parallel market. As of today,...
The Nigerian Naira continues to experience volatility in the parallel foreign exchange market with the black market exchange rate showing sustained pressure due to ongoing demand...
The Naira continued to struggle in the foreign exchange market as the black market exchange rate showed persistent pressure on Nigeria’s local currency. As of today,...
The Dollar to Naira exchange rate in the Black Market opened the new week with slight gains for the Naira, showing early signs of stability amid...
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...
The Dollar to Naira exchange rate in the black market showed slight stability on Thursday, May 22nd 2025, as marginal improvements in forex inflows and reduced...
Chairman of United Bank for Africa (UBA) and member of the Presidential Economic Coordination Council, Tony Elumelu, has commended Nigeria’s recent foreign exchange reforms, noting that...
The Dollar to Naira exchange rate in the black market remained volatile as forex scarcity continues to pressure Nigeria’s parallel currency exchange environment. As of today,...
