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Naira Weakens Against Dollar Amid Market Reforms

Today, February 12, 2025, the Naira opened at ₦1503.14 per $1 and closed at ₦1500.65 per $1, according to FMDQ data. However, in the...

Naira Battles for Stability as Dollar Exchange Rate Hits ₦1,552

The foreign exchange market in Nigeria remains turbulent as the Naira struggles against the US Dollar. According to data from the FMDQ Securities Exchange,...

Naira Under Pressure: Dollar Exchange Rate Hits ₦1,552

Nigeria’s foreign exchange market continues to experience volatility as the naira struggles against the dollar. According to FMDQ data, the official exchange rate opened...

Naira Wobbles as FX Market Adjusts to New Realities

The Naira continues its turbulent ride against the U.S. dollar, reflecting the ongoing adjustments in Nigeria’s foreign exchange market. According to FMDQ Securities Exchange...

Naira Under Pressure as Exchange Rate Hits New High

The Naira continues to face turbulence as the exchange rate against the U.S. dollar remains volatile. According to data from the FMDQ Security Exchange,...

Naira Struggles as Dollar Climbs Higher

The Naira continues its turbulent ride in the foreign exchange market as the official rate closed at ₦1,474.78 per $1 on Friday, January 31,...

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