The naira appreciated to N1,533 against the United States dollar in the Nigerian Foreign Exchange Market (NFEM) on Thursday, August 28, 2025. The naira, however, depreciated to N1,552 against the dollar in the parallel market on Thursday. The local currency depreciated from N1,546 per dollar recorded on Wednesday, August 27. …
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THE Naira strengthened to ₦1,060 per dollar in the parallel market yesterday, up from ₦1,105 per dollar the day before. On the other hand, the Naira reportedly weakened in the Nigerian Foreign Exchange Market (NAFEM) to ₦1,154.08 per dollar. According to data from FMDQ, the indicative exchange rate for NAFEM …
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IN a notable financial development, the Nigerian naira recorded a substantial gain in the Nigerian Foreign Exchange Market (NAFEM), appreciating to N874.79 per dollar. This represents a 19 percent increase from its previous rate of N1,082.32 per dollar on Wednesday, as reported by Elizabeth Adegbesan. According to data from FMDQ, the indicative …
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