naira strengthens february 2025
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![Today's Naira Rate [06-02-2025]: Naira Strengthens to N1,585/$1 in Black Market, Official Rate Declines](/data/attachments/213/213180-debe80245df63b887c2f9633a469b0c8.jpg?hash=PERHMQHP25)
Nigeria Today's Naira Rate [06-02-2025]: Naira Strengthens to N1,585/$1 in Black Market, Official Rate Declines
The Nigerian naira strengthened in the parallel market, appreciating to N1,585/$1, while it slightly depreciated to N1,499.76/$1 at the official market. Traders attributed the shift to declining dollar demand and new CBN policies. Meanwhile, global currency markets remain volatile amid U.S...- Nigeria News
- Article
- 2 min read
- black market exchange cbn forex policies naira exchange rate naira strengthens february 2025 nigerian currency market
- Category: Business
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