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Naira rises to N1,540/$ in parallel market - VANGUARD

AUGUST 27, 2025

By Elizabeth Adegbesan

The Naira today appreciated to N1,540 per dollar in the parallel market from N1,550 per dollar last weekend.

However, the Naira depreciated to N1,536.99 per dollar in the Nigerian Foreign Exchange Market (NFEM).

MARKET NEWS

August 27 Dollar recovers despite Fed independence jitters; European stocks calm after French selloff August 27 Dollar firms with focus on Fed policy as French politics clouds euro - REUTERS August 27 Sterling retreats as dollar rebounds, traders digest British PPI - REUTERS August 27 London markets stabilise amid global jitters over Fed autonomy - REUTERS August 27 No more corruption since I took over as president, Tinubu boasts - NIGERIAN TRIBUNE August 27 ‘Naira To Remain Stable Amid Sustained FX Inflows, CBN Support’ - August 27 Naira falls in parallel market, trades N1,550/$ - NIGERIAN TRIBUNE August 27 France faces £2.85 trillion 'debt explosion' - DAILY MAIL August 27 Official, parallel market gap widens to N13 as naira depreciates - THE GUARDIAN August 27 Spraying, stamping on naira criminal offences - EFCC - August 27 As Bushmeat Consumption Grows, Nigerian Doctors Fear Outbreaks - BLOOMBERG August 27 Nigeria Is Eager to See Petrobras Return to Its Oil Patch - OILPRICES.COM August 27 Naira rises to N1,540/$ in parallel market - VANGUARD August 27 Nigeria Becomes Africa’s 2nd-Largest Solar Importer, Trailing Only South Africa - THISDAY August 27 Oil slips as markets weigh impact of hefty US tariffs on India - YAHOO FINANCE August 27 Bank of England’s Mann: ‘Squeeze out’ inflation with rate holds - CITY.A.M August 27 FG allots N136bn in medium-term bonds - PUNCH August 27 Dollar firms but worries linger over Fed independence - REUTERS August 27 Oil prices fall despite concerns about Russian supply disruption - YAHOO FINANCE August 27 Oil Holds Steep Decline as Higher US Tariff on India Kicks In - BLOOMBERG August 27 Rise in Forex Demand Crashes Naira to N1,537/$1 at Official Market - BUSINESS POST August 27 Foreign reserves gained $900m in three days - THE NATION August 26 Short-term Treasury yields fall, while long-term yields rise after Trump orders remov... (read more) August 26 French stocks slide as Paris government faces risk of collapse - CNBC August 26 Pound edges up against dollar after Trump’s latest Fed attack - CITY.A.M August 26 Nigeria's NNPC says pipeline theft has been nearly eliminated - REUTERS August 26 Nigeria LNG inks long-term contracts to secure gas supply - REUTERS August 26 Nigeria Air Force rescues 76 kidnap victims, official says - REUTERS August 26 ECB rate cut talk may resume after September pause, sources say - REUTERS August 26 Nigeria’s Debt-to-GDP hits 52.2% on rising borrowings, fx strain - BUSINESSDAY

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