Naira Depreciates to N1,400/$ in Parallel Market Amid FX Demand
The Nigerian naira weakened to N1,400 per U.S. dollar in the parallel market, highlighting persistent pressure on the country's foreign ...
Tag: currency depreciation
African Currencies Fall Sharply After Geopolitical Shock UNCTAD
African currencies suffered a markedly sharper decline than their emerging-market peers during a recent episode of global geopolitical stress, underscoring ...
Naira Weakens to N1,372/$ Ahead of MPC Rate Decision
The naira continued to trade under pressure in the official foreign exchange market, hovering around the ₦1,370 per US dollar ...
Dollar–Naira Exchange Rate Update for May 1, 2026
The Nigerian naira traded mixed against the US dollar on Friday, May 1, 2026, as a persistent gap between the ...
Naira Slumps to 17‑Day Low as FX Liquidity Dries Up
The naira weakened to a 17‑day low of N1,380.71 per dollar in the official foreign exchange market as liquidity slowed ...
Naira Slides to N1,388/$ as Reserves Decline Exposes External Sector Vulnerabilities
The naira came under renewed pressure on Monday, weakening sharply across foreign exchange markets as declining external reserves and rising ...
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