•Tinubu and IMF logo The International Monetary Fund (IMF) says the Naira is still undervalued by 25.6 percent despite the ongoing reforms in the Nigeria’s foreign exchange (FX) reforms. In its latest Article IV consultation report on Nigeria, the Washington-based institution said its Real Effective Exchange Rate (REER) model showed the local ...
•Naira and Dollar notes Data from the Central Bank of Nigeria’s exchange rate portal, Nigerian Foreign Exchange Market (NFEM), showed that the naira rate remained around the ₦1,360 per dollar mark in recent trading sessions. The NFEM rate remains the country’s official benchmark exchange rate and is derived from volume-weighted transactions in...
•Dollar and Naira notes Latest available official data from the Central Bank of Nigeria (CBN) showed that the naira traded approximately ₦1,373.25 per dollar at the Nigerian Foreign Exchange Market (NFEM) today, maintaining the level recorded at the close of the previous trading sessions. The rate reflects the volume-weighted average exchange ...
•Dollar and Naira notes The most recent rate of the naira stood at ₦1,373.25 per dollar in the official Nigerian Foreign Exchange Market (NFEM) today, according to data published by the Central Bank of Nigeria (CBN). Market data trackers also showed the naira trading around the ₦1,370–₦1,372 range against the dollar in official market transact...
•Naira and Dollar notes Naira closed at ₦1,373.25 per dollar on May 29, according to the latest available official rate at the start of trading on June 1. Data published by the Central Bank of Nigeria showed that the official Nigerian Foreign Exchange Market (NFEM) exchange rate noted that the market recorded a high of […]
•Dollars and Naira notes Data published by the Central Bank of Nigeria (CBN) shows that the Naira recorded a slight depreciation against the United States Dollar today, Tuesday, May 19, 2026. The currency traded at about ₦1,373.5 per dollar at the Nigerian Foreign Exchange Market (NFEM) window, compared to ₦1,372 recorded in the previous sessi...
•Dollar and Naira notes The Naira yesterday depreciated to N1,387 per dollar in the parallel market from N1,383 per dollar last week Thursday. But the naira appreciated to N1,367.5per dollar in the Nigerian Foreign Exchange Market, NFEM, reports Vanguard. Data from the Central Bank of Nigeria, CBN, showed that the indicative exchange rate for ...
•Naira and Dollar notes Data from the Central Bank of Nigeria’s exchange rate portal showed that the official Nigerian Foreign Exchange Market (NFEM) rate hovered around ₦1,374 per dollar, with trading bands ranging between approximately ₦1,362 and ₦1,378. Market rates remained moderate as the CBN continues efforts to improve dollar liquidity ...
•Dollar and Naira notes The Naira opened in the official window today, trading at approximately ₦1,356.74 per Dollar, after a period of moderate volatility observed in mid-March. Rates had fluctuated between ₦1,344 and ₦1,370. Data from the Nigerian Foreign Exchange Market (NFEM) showed that while the intraday high reached ₦1,362.00 in recent ...
•Dollar and Naira notes The Naira opened at 1,379.05 per dollar in the official window at Wednesday morning trading sessions in the Nigerian Foreign Exchange Market (NFEM), as rate fluctuated within a narrow range, reaching a low of 1,376.02 before rebounding slightly. By 7:30 AM WAT, the exchange rate was quoted at approximately 1,377.04 per ...
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
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