Parallel Market

10 Articles
Economy

Naira Depreciates Against Dollar in Parallel and Official Markets

The Nigerian naira recorded another decline against the United States dollar yesterday as pressure continued across both the parallel and official foreign exchange...

Economy

Naira Appreciates to N1,388 Per Dollar in Parallel Market

The Nigerian naira recorded further appreciation against the United States dollar on Wednesday, strengthening in both the parallel market and the Nigerian Foreign...

Economy

Naira Opens April 2026 Trading Week with Relative Firmness Amid FX Market Pressure

The Nigerian currency, the Nigerian Naira, began the final trading week of April 2026 with mild firmness as foreign exchange markets continue adjusting...

Economy

Pound Sterling Opens Week Strong Against Naira Amid FX Market Pressure

The British currency, the British Pound Sterling, began the trading week on Monday, April 27, 2026, with heightened activity against the Nigerian currency...

Economy

Naira Holds Steady Against British Pound Amid Controlled Market Movements

The Nigerian naira maintained a relatively stable position against the British pound sterling on Friday, April 17, 2026, across both the official and...

Economy

Naira Gains Strength Against Dollar Amid Improved Forex Supply

The Nigerian Naira showed renewed strength against the United States Dollar in early trading on Thursday April 16 2026 supported by increased foreign...

Economy

Naira Shows Marginal Recovery in Early Tuesday Trading Amid Market Firmness

The Nigerian Naira recorded a slight recovery in early trading hours on Tuesday, April 14, 2026, as the foreign exchange market responded to...

World

Naira Holds Steady Against Dollar Despite Reserve Pressures as Q1 Ends

The Nigerian Naira maintained relative stability against the US Dollar in the official market as the first quarter of 2026 concluded, even amid...

Economy

Naira Appreciates Against Dollar Across Official And Parallel Markets

The Nigerian currency recorded gains on Tuesday as the naira appreciated in both the parallel market and the official foreign exchange window, signaling...

Economy

Naira Strengthens Against Dollar, Maintains Positive Momentum in Official Market

The Nigerian Naira maintained its positive momentum against the U.S. Dollar during mid-week trading on Wednesday, January 28, 2026, continuing a trend of...