Categories: BusinessNews

Naira trades N1,535/$ in official market

The naira appreciated to N1,535 against the United States dollar in the Nigerian Foreign Exchange Market (NFEM) on Friday, August 22, 2025.

The naira, however, depreciated to N1,550 per dollar in the parallel market from N1,545 per dollar recorded on Thursday.

House of Reps hails Kaduna over health sector investment

Data published by the Central Bank of Nigeria (CBN) showed that the exchange rate for the local currency fell slightly to N1,535 per dollar from N1,535.5 per dollar on Thursday, indicating 50 kobo appreciation for the naira.

The margin between the parallel market and the NFEM rate widened to N15 per dollar from N9.9 per dollar on Thursday.

The Star

Segun Ojo

Recent Posts

Mass trial: FG secures conviction of 150 terrorists

The Federal Government has secured the conviction of 150 suspected terrorists out of 160 suspects…

52 minutes ago

Court sentences woman to death for aiding bandits

A Federal High Court in Katsina has sentenced a woman, Hauwa’u Mukhtar, to death by…

2 hours ago

Tinubu commissions judges’ quarters, pushes judicial reforms

President Bola Ahmed Tinubu on Tuesday commissioned a newly completed 10-unit Court of Appeal Judges’…

3 hours ago

N110.4bn fraud: Court dismisses Yahaya Bello’s application challenging jurisdiction

The Federal Capital Territory (FCT) High Court sitting in the Maitama area of Abuja on…

3 hours ago

PHOTOS: Obama unveils new portrait by Nigerian-born artist Akunyili in US

Former United States President Barack Obama has unveiled a new portrait of himself and ex-First…

5 hours ago

‘Terrorists’ll find no hiding place’: Tinubu lauds troops for killing bandit kingpin, rescuing General Rabe’s wife

President Bola Tinubu has commended the Nigerian Armed Forces and other security agencies involved in…

5 hours ago

This website uses cookies.