The Nigerian currency, the naira, depreciated to N1,530 per dollar on Wednesday, July 16, 2025, from N1,518 the previous day, as dollar demand rose in the FX market.

The Central Bank of Nigeria strategy to defend the naira has worked as there is now possibility of convergence between the official, black market exchange rate.

Bismark Rewane, an economist and Chief Executive Officer of Financial Derivatives, says Nigeria's currency has stabilized. Rewane spoke during an ...

Nigeria’s currency, the naira, has recently become stronger, thanks to banks allowing customers to start using their naira ...

The naira on Wednesday appreciated further in the parallel market, narrowing the exchange rate gap to just N7, as ongoing ...

The Nigerian currency maintained its bullish momentum, reaching a four-month high against the US dollar and closing at 1518/$ on ...

The Nigerian currency, the Naira, appreciated against the dollar on Monday, gaining strength in both the parallel market and ...

Foreign portfolio inflows into the Nigerian Foreign Exchange Market (NFEM) surged to a 29-month high in June 2025, rising by ...

The Nigerian, Ghanaian, Ugandan, Kenyan and Zambian currencies are expected to be stable against the dollar in the next week ...

Nigerian Naira (NGN) South African Rand (ZAR) 1 NGN to ZAR = 0.0359: NGN ZAR on 26/07/2021: For full historical data please visit » Exchange rates history for 26/07/2021.