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Naira Gains Strength as US Dollar Weakens

The Nigerian naira showed signs of recovery on Monday, strengthening against the US dollar in the official market. This positive movement comes as the...

Nigeria’s Naira Hits 6-Month Low Against the US Dollar

The Nigerian naira has fallen to its lowest value in six months, trading at N1,625.88 to the US dollar on the official NAFEM market....

Naira Hits Record Low in July: Depreciates By N72.58 Against Dollar

The Nigerian Naira hit a new low, depreciating by N72.58 against the US dollar in July 2024. The FMDQ financial market report revealed that the...

Naira Gains N42.88 As CBN Launches RDUS Amid Protests

Based on FMDQ data from the past week, the Naira strengthened by N42.88 against the dollar in the foreign exchange market, following the Central...

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