Nigeria black market dollar rate rises to ₦1,408 per dollar as naira weakens, reflecting ongoing pressure in the parallel forex market
Naira stabilisation against dollar strengthens as liquidity improves, CBN reforms take effect and parallel market gap narrows in forex market
CBN data shows the Naira official market rate closed slightly weaker at ₦1,366.19 after midweek gains and fluctuating liquidity conditions
Naira strengthens against the dollar to ₦1,421.73, marking its best close since February as investor confidence rises and inflation continues to ease
The naira dips for a third straight day, closing at N1,473.29/$ despite strong reserves and CBN efforts to stabilise the currency
The naira saw a slight appreciation against the dollar, but analysts warn that external risks, including declining crude oil prices, could affect its stability At...