black market forex
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![Today's Naira Rate [11-02-2025]: Naira Nears N1,500/$ as Black Market Rates Improve](/data/attachments/213/213341-54435cdd8fb82018b8a1927a932ca386.jpg?hash=hFfFcRmkeL)
Nigeria Today's Naira Rate [11-02-2025]: Naira Nears N1,500/$ as Black Market Rates Improve
The naira surged to its highest level in 2025, trading at N1,520/$ in the black market amid CBN’s forex reforms. Increased liquidity, regulatory enforcement, and investor confidence have driven the gains. Analysts say the naira could strengthen further if these measures continue to stabilize...- Nigeria News
- Article
- 2 min read
- black market forex cbn forex policy naira exchange rate naira gains 2025 naira to dollar
- Category: Business
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Nigeria Naira Soars to 8-Month High of 1,120/$ as Dollar Supply Surges
The Nigerian Naira has surged to an eight-month high of 1,120 per dollar on the black market, propelled by recent foreign exchange reforms implemented by the Central Bank of Nigeria (CBN). This marks a significant gain of 62.95 percent over the dollar compared to February 2024 levels. Traders...- Nigeria News
- Article
- 1 min read
- black market forex cbn reforms naira exchange rate
- Category: Business
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