CBN Releases Updated Dollar to Naira Exchange Rates
According to the Central Bank of Nigeria (CBN), the proposed US dollar exchange rate as of April 21, 2025, is ₦1,599.9384. This marks a 0.28% decline in the USD/NGN rate ...
Tag: Dollar
Dollar to Naira Rate According to CBN
Over the past week, the exchange rate of the US dollar to Nigerian nairas has not been stable. The US dollar rate is ₦1,604.4809, as announced by the Central Bank ...
“$1 Is Still a Lot in Nigeria” – Tinubu’s Adviser Defends Naira’s Value
President Bola Tinubu’s Special Adviser on Economic Affairs, Dr Tope Fasua, has defended the value of the naira locally despite its depreciation against the dollar, saying that $1, which is ...
Naira Strengthens to N1,575/$ in Parallel Market
The Naira appreciated in the parallel market on Tuesday, rising to N1,575 per dollar from N1,585 per dollar recorded on Monday. However, the Naira depreciated to N1,535 per dollar in ...
Naira Falls to ₦1,585/$ in Parallel Market
The Naira depreciated to ₦1,585 per dollar in the parallel market from ₦1,580 per dollar recorded over the weekend. However, the Naira appreciated to ₦1,533 per dollar in the Nigerian ...
Naira Strengthens to N1,590/$ in Parallel Market, Weakens on Official Window
The Naira on Monday appreciated to N1, 590 per dollar in the parallel market from N1,600 per dollar last weekend. However, the Naira weakened to N1,549 per dollar in the Nigerian Foreign ...
Naira Strengthens To ₦1,565/$ in Parallel Market
The Naira appreciated on Tuesday to ₦1,565 per dollar in the parallel market from ₦1,570 per dollar on Monday. However, in the NFEM, it depreciated to ₦1,537 per dollar, reflecting ...
Naira Weakens to N1,570/$ in Parallel Market
The Naira depreciated to N1,570 per dollar in the parallel market on Monday, down from N1,545/$ recorded over the weekend. However, in the Nigerian Foreign Exchange Market (NFEM), the Naira ...
Naira Strengthens Slightly to N1,512/$ in Parallel Market
The Naira saw a slight appreciation in the parallel market, rising to N1,512 per dollar from N1,515 per dollar on Tuesday. However, in the Nigerian Foreign Exchange Market (NFEM), the ...
Amid Forex Liquidity Concerns Naira Ends February Below N1,500 per Dollar
The naira closed February 2025 with an 8.5 per cent month-on-month gain in the parallel market, settling at 1,490 per dollar. However, it recorded a 1.7 per cent decline in ...
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