Tag: US dollar

Naira Records Second Straight Week of Depreciation Against US Dollar

The naira weakened for the second straight week, falling to N1,393.26 per dollar at the official market. In the parallel market, the currency dropped to N1,415 per dollar, losing N45…

Sodiq Olaitan

Naira surges across FX markets, records strong gains against US dollar

Naira appreciates against US dollar at both official and parallel FX markets, closing stronger at week’s end. CBN data shows naira gain of N10.44 day-on-day, with wider week-on-week improvement across…

Sodiq Olaitan