Categories: Business

Naira appreciates against dollar in official market

The naira appreciated to N1,490 against the United States dollar in the Nigerian Foreign Exchange Market (NFEM) on Thursday, September 18, 2025.

The naira also appreciated to N1,530 against dollar in the parallel market on Thursday.

It appreciated from N1,537 per dollar recorded on Wednesday.

EFCC re-arraigns ex-minister Agunloye over $6bn Mambilla project fraud

Data published by the Central Bank of Nigeria (CBN) showed that the exchange rate for the Nigerian currency fell to N1,490 per dollar from N1,498 per dollar on Wednesday, indicating N8 appreciation for the currency.

The margin between the parallel market and NFEM rate widened to N40 per dollar from N39 per dollar on Wednesday.

The Star

Segun Ojo

Recent Posts

Ondo poly student found dead in apartment

A 20-year-old student of Rufus Giwa Polytechnic, Audi Emmanuel, has been found dead in his…

7 hours ago

Police arrest officer for killing suspect in Delta, vow justice for victim

The Delta State Police Command has arrested and transferred an officer, ASP Nuhu Usman, to…

8 hours ago

Lagos Assembly sacks clerk, appoints Osinowo as replacement

The Lagos State House of Assembly has removed its Clerk, Olalekan Onafeko, with immediate effect…

8 hours ago

EFCC re-arraigns Bauchi AG, BDC operator over N1.6bn fraud

The Economic and Financial Crimes Commission (EFCC) on Tuesday re-arraigned the Accountant-General of Bauchi State,…

8 hours ago

Shehu Sani joins Kaduna Central race, picks APC forms

Former Kaduna Central senator, Shehu Sani, has obtained the Expression of Interest and Nomination forms…

10 hours ago

2027: Court fixes date to hear suit seeking Jonathan’s disqualification

The Federal High Court in Abuja has announced the date for the hearing of a…

11 hours ago

This website uses cookies.