Naira falls against dollar across official, black markets
Economy, Headlines, Naira (Currency) Sunday, July 6th, 2025
|
By Ogaga Ariemu
The naira depreciated against the dollar across official and parallel foreign exchange markets to end the week on a negative note on Friday.
The Central Bank of Nigeria’s data showed that the naira dropped against the dollar on Friday to N1,528.56 from N1,525.83 exchanged on Thursday.
This showed that the naira fell by N2.73 against the dollar on a day-to-day basis.
Similarly, at the black market, the naira dropped against the dollar to N1,570 on Friday from N1,560 exchanged the previous day.
Meanwhile, DAILY POST reports that in a week of analysis, the naira recorded four straight appreciations against the dollar
Related Posts
- ‘I was warned not to buy car or house’ — Nigerian Pastor, Joel Olasunkanmi, recounts wealth ritual
- Tinubu performs Umrah in Saudi Arabia
- Enugu event centre reveals real reason it cancelled Peter Obi’s NDC town hall meeting
- Thugs reportedly attack Sowore in Ado-Ekiti
- FBI declares Nigerian fraudster who escaped at Atlanta Airport wanted, places $5,000 bounty
Short URL: https://newnigerianpolitics.com/?p=69594
Posted by admin
on Jul 6 2025. Filed under Economy, Headlines, Naira (Currency).
You can follow any responses to this entry through the RSS 2.0.
You can leave a response or trackback to this entry
