Naira Weakens By 3% Q1 2025
Nigeria's local currency - naira - came under significant pressure in March 2025, weakening in response to sustained demand in ...
Nigeria's local currency - naira - came under significant pressure in March 2025, weakening in response to sustained demand in ...
The Central Bank of Nigeria deployed approximately $669 million in foreign exchange (FX) interventions during the first quarter of 2025. ...
The naira depreciated by 1.39% to ₦1,552.53/$1 on Thursday, down from ₦1,531.25/$1 on Wednesday. Last week, the currency ended on ...
The naira closed at N1,536.82/$1 on Friday in the official market, appreciating by 0.11% from Thursday’s close. Throughout the week, ...
The naira depreciated to N1,538.66/$1 in the official market on Thursday, weakening slightly from N1,537.62/$1 recorded the previous day. During ...
The naira continued its downward slide on Wednesday, closing at N1,537.62/$1 in the official market — a 0.33% drop from ...
The naira depreciated marginally on Tuesday, closing at N1,532.39/$1 in the official market, a 0.07% drop from the previous rate ...
The naira closed Monday’s trading session at N1,531.19/$1 in the official market, appreciating by 0.37% from its previous close of ...
The naira closed at ₦1,536.89/$1 in the official market on Friday, a 0.40% decline from the previous day's rate of ...
The naira remained stable against the dollar on Thursday, closing at N1,530.62/$1, nearly unchanged from Wednesday’s rate of N1,530.52/$1. According ...
The naira lost its ground against the dollar in the official market, depreciating by 0.32% to N1,532.93/$1 on Tuesday, down ...
The naira declined to N1,528.03/$1 in the official market on Monday, dropping 0.66% to N1,528.03 from last week's closing rate ...
The Nigerian naira had a comeback on Friday, closing at ₦1,517.93/$1 in the official market after a 2.1% appreciation from ...
The Naira closed at N1,550.36/$1 on Thursday, down from N1,538.68/$1 the previous day. This was disclosed in the currency exchange ...
The naira weakened further against the US dollar as trading commenced this week due to high demand for foreign exchange. ...
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