The naira depreciated in the official market on Monday, March 3, 2025, trading at N1,498.98 to a dollar.
Data from the Central Bank of Nigeria (CBN) showed the naira lost N6.49.
This represents a 0.43 per cent decline compared to Friday, February 28, when it closed at N1,492.49 to the United States dollar.
Nigerians groan as banks begin new ATM charges
The loss followed a three-day appreciation recorded the previous week.
In spite of this, the naira has remained relatively stable against the dollar due to CBN’s reforms promoting transparency in the foreign exchange market.
Analysts continue to commend the CBN for the local currency’s steady progress since December 2024.
Nigerian singer Daniel Oyebanjo, popularly known as D’banj, has paid an emotional tribute to his…
The Independent National Electoral Commission (INEC) has cleared former Minister of Communications and Digital Economy,…
Arsenal have lost their appeal against Max Dowman's red card in their stunning Carabao Cup…
Nigerian faith-based film Agbara Nla: The Return is set to open in select US cinemas…
The Nigerian Army has graduated 384 female soldiers after completing Exercise SHINING STAR 2026, a…
Former Imo State Governor Rochas Okorocha has expressed joy over the judgement by the Federal…
This website uses cookies.