Browsing Tag
Naira
19 posts
Naira Maintains Stability Against US Dollar on July 1, 2026
The Nigerian naira remained steady against the US dollar on July 1, 2026, with the official exchange rate hovering at ₦1,380.17 and a narrow spread maintained in the parallel market.
June 30, 2026: Nigerian Naira Experiences Initial Gains Against the Dollar
The Nigerian Naira recorded a minor gain against the dollar in the official market on June 30, 2026, marking its first appreciation in nearly a week.
Naira Value Slips Against Dollar in Both Parallel and Official Markets
The Naira weakened in both the parallel and official markets as the exchange rate margin widened, despite a significant rise in interbank trading volume.
Naira Slips Further Against Dollar as New Week Begins on June 29, 2026
The Nigerian Naira experienced further decline in the official market on June 29, 2026, while remaining stable within the parallel market.
Naira Exchange Rates: June 29, 2026 Update
On June 29, 2026, the Nigerian naira traded at ₦1,379.22 per dollar officially, while parallel market rates fluctuated between ₦1,400 and ₦1,405.
Naira weakens against dollar in both official and parallel markets
The Naira recorded losses in both official and parallel exchange markets on Wednesday, narrowing the price gap between the two sectors.
Central Bank Governor Cardoso Starts Naira Ambassadors Initiative
CBN Governor Olayemi Cardoso has introduced the Naira Ambassadors Club to encourage young students to handle the national currency with care and responsibility.
Naira Has Reached Its Appropriate Market Price, Presidency Claims
Bayo Onanuga, a presidential aide, claims that foreign exchange reforms have allowed the naira to settle at its true market value despite current fluctuations.
CBN Governor Cardoso Establishes Naira Ambassadors Club to Encourage Currency Preservation
Central Bank Governor Olayemi Cardoso has introduced the Naira Ambassadors Club for FCT students to encourage the proper care of Nigeria's currency and reduce replacement costs.