English>
Your daily Naira exchange rate

Market News

Naira depreciates to N1,537/$ in official market - VANGUARD

JULY 24, 2025

By Elizabeth Adegbesan

The Naira yesterday depreciated to N1,537 per dollar in the Nigerian Foreign Exchange Market (NFEM) surpassing the parallel market with a N2.

Data published by the Central Bank of Nigeria, CBN, showed that the exchange rate for the naira rose to N1,537 per dollar from N1,536 per dollar on Tuesday, indicating N1 depreciation for the naira

MARKET NEWS

July 25 CBN Survey Shows Interest Rates Now Business Firms’ Biggest Constraint - LEADERSHIP July 25 RenCap Africa analysts say naira over valued by 26% - BUSINESSDAY July 25 Sterling at four month low against euro as UK and euro zone rates diverge - REUTERS July 25 UAE: Standard Chartered launches first sustainable escrow, account bank solution -... (read more) July 25 Over $211bln in bank investments in UAE by end of April 2025 - EMIRATES NEWS AGENCY July 25 Egypt: USD/EGP exchange rates stable on Monday - ARAB FINANCE July 25 Dip in Asian currencies, outflows likely to keep up pressure on rupee - REUTERS July 25 Yen, euro buoyant on trade progress - REUTERS July 25 Investors bet on Europe's smaller companies to dodge tariff fallout, strong euro - REUTERS July 25 ‘3,500 Nigerian goods enjoy zero duties to UK’ - PUNCH July 25 Economists split on Singapore monetary policy after surprise growth - REUTERS July 25 Nigeria open to stablecoins, says SEC - PUNCH July 25 Job cuts accelerate as Reeves tax raid bites - THE TELEGRAPH July 25 Banks, insurance, others contribute N1.77trn to economy in Q1’25 - VANGUARD July 25 EU’s Sluggish Economy Faces Moderate Growth Slowdown from US Trade Tensions - FX EMPIRE July 25 Dollar steadies but set for weekly drop as focus shifts to Fed, BOJ meetings - REUTERS July 25 RBI to hold rates in August, expected to cut again later this year: Reuters poll - July 25 Sterling poised to end 3-day rally vs dollar on economic, tax concerns - REUTERS July 25 Oil Extends Gain on US Trade Deal Optimism, Diesel Tightness - BLOOMBERG July 25 European Central Bank keeps rates on hold as US tariffs cloud outlook - REUTERS July 25 Weak local stocks, positional adjustments push rupee to one-month low - REUTERS July 25 Banks record 29.4m closed accounts, 33m inactive - VANGUARD July 25 Euro zone companies warn of slowing economy, China competition, ECB poll shows - REUTERS July 25 Big central bank rate cuts slow with tariffs and politics in headlights - REUTERS July 25 Gold slides as safe-haven demand eases - YAHOO FINANCE July 25 Dollar steadies as focus shifts to Fed, BOJ meetings - REUTERS July 25 EUR is emerging as the next strongest safe haven: HSBC - INVESTING.COM July 25 ECB Keeps Rates on Hold. Why It Joined the Fed and Powell on Pause. - BARRON'S July 25 Nigeria’s economy grows by 3.13% in Q1’25 - VANGUARD July 25 CBN retains interest rate at 27.5% - VANGUARD

SEE HOW MUCH YOU GET IF YOU SELL

NGN
© 2025 abokiFX | All Rights Reserved
This website uses cookies We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners who may combine it with other information that you've provided to them or that they've collected from your use of their services
Real Time Analytics