Business
Naira records first appreciation against dollar
The Naira recorded its first appreciation against the dollar at the official foreign exchange market on Thursday.
This is Naira’s first gain since last week Friday, 15th August, 2025.
According to the Central Bank of Nigeria, the naira strengthened slightly to N1,535.78 against the dollar on Thursday from N1,536.73 traded on Wednesday.
This means that the country’s currency firmed up marginally by N0.95, or 0.062 percent, on a day-to-day basis.
Meanwhile at the black market, the Naira remained stable at N1,550 per dollar on Thursday, the same exchange rate recorded the previous day.
The development comes as the country’s external reserves further rose to $41.05 billion mark as of Wednesday, 20th August 2025, up from $38.25 billion recorded on the 21st of last month.
-
Politics1 year ago‘Bishop Onuoha, Iyke Nwoke luring ADC members into signing a document to suspend Abia chairman’-Okwara Agwu
-
Politics1 year agoEx-State Assembly aspirant, Okoh, APC executive members join ADC in Abia
-
Politics1 year ago2027: Southeast chieftain, Daniel Ifeanyi Okorie dumps PRP for ADC in Abia
-
Politics1 year agoAbia ADC announces LG chairpersons for membership registration pending harmonization
-
Politics1 year agoAbia ADC disciplinary committee summons national welfare secretary, Ukandu over alleged misconducts
-
News1 year agoEx-presidential aspirant, Onwusoanya Ezendigbo calls for legislations banning children of public office-holders to seek education, healthcare aboard
-
Politics11 months agoAbia chieftain, Emeka Bahadur tasks ADC members on grassroots mobilization
-
Politics11 months agoStalwart, Emeka Bahadur welcomes ADC NWC to Abia on One-day leadership summit