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Tag: Naira Dollar Exchange rate

Pound falls more than 1% after BoE move
Finance

Pound trades near ₦1,918 as naira stabilises against dollar

The British Pound recorded a marginal gain in the Nigerian Foreign Exchange Market on Tuesday, January 13, 2026, as the naira continued to trade within a band of moderate volatility. Data from the Nigerian Foreign Exchange Market showed that the official exchange rate for the Pound Sterling opened at ₦1,901.49 and later traded at a […]

Naira strengthens slightly to N1,534.52/$ at official market
Economy

Naira rebounds to N1,400/$ as speculators offload forex

The naira rebounded against the United States dollar on Wednesday at the official and parallel markets, with the local currency recording a significant gain against the greenback at the black market. This follows the announcement by the Central Bank of Nigeria the final settlements of all valid foreign exchange backlogs, fulfilling a key pledge of […]