Tag: Official market

Naira Extends Weekly Gains Against US Dollar at Official Market

Naira strengthens to ₦1,417.95/$ at official FX market Currency posts ₦5.22 week-on-week gain against dollar Foreign reserves rise to $45.86bn, black market stable The naira appreciated further on Friday to…

Sodiq Olaitan

Naira Falls Again Against US Dollar at Official Market

Naira depreciation deepens as currency drops to N1,442.43/$ at official market. Falls four times in one week, despite rising external reserves at $43.54bn. Black market rate stays unchanged at N1,465/$.…

Sodiq Olaitan