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Naira strengthens to N1,366.79 as FX interbank turnover jumps 49.58% - Businessday NG

The naira appreciated against the dollar across the foreign exchange (FX) market segments on Monday, supported by improved liquidity…

Raccontata dabusinessday.ngthisdaylive.comvanguardngr.com

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3 prospettive sulla stessa storia
AI · summaries
businessday.ngStai leggendo4 h fa

Naira strengthens to N1,366.79 as FX interbank turnover jumps 49.58% - Businessday NG

The naira appreciated against the dollar across the foreign exchange (FX) market segments on Monday, supported by improved liquidity…

originale
thisdaylive.com2 g fa

CBN: External Reserves Rise to $49.34bn as Naira Holds Firm Amid Stable Market Conditions

CBN reserves climbed to $49.34bn (+$359.84m w/w); the naira held at N1,373.25/$ and Nigeria's food import forex draw totaled $2.34bn in 2025, down 7.4% year-on-year. Nearing the $50bn threshold, improving FX stability lowers execution risk for companies managing dollar procurement and treasury operations in Nigeria.

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vanguardngr.com4 h fa

Dollar to Naira exchange rate today, June 2, 2026

Naira held at ₦1,373.25/USD (official) vs. ₦1,395–₦1,405 (parallel) June 2, with narrowing spread. Gap compression indicates stronger CBN forex management, reducing hedging costs and improving liquidity for multinational tech operations in Nigeria.

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Timeline cronologica

  1. sabato 30 maggio 2026·businessday.ng

    Naira cools, FX deals shrink in May as reserve surge masks slower dollar flows - Businessday NG

    The naira depreciated to N1,373.25 in the official market in May 2026 as transactional liquidity slowed, despite a strong rebound in N...

  2. domenica 31 maggio 2026·thisdaylive.com

    CBN: External Reserves Rise to $49.34bn as Naira Holds Firm Amid Stable Market Conditions

    *Says $2.34bn spent on food imports in 2025 despite decline in forex demand

  3. lunedì 1 giugno 2026·vanguardngr.com

    Dollar to Naira exchange rate today, June 1, 2026

    The Nigerian naira traded within a relatively stable range against the United States dollar across the official Nigerian Foreign Exchange Market (NFEM) and the parallel market as…

  4. martedì 2 giugno 2026·businessday.ng

    Naira strengthens to N1,366.79 as FX interbank turnover jumps 49.58% - Businessday NG

    The naira appreciated against the dollar across the foreign exchange (FX) market segments on Monday, supported by improved liquidity…

  5. martedì 2 giugno 2026·vanguardngr.com

    Dollar to Naira exchange rate today, June 2, 2026

    Market data trackers also showed the naira trading around the ₦1,370–₦1,372 range against the dollar in official market transactions on June 2.