Foreign-Exchange
4 LAS News stories tagged “Foreign-Exchange”, newest first. Every story links its sources.
Naira strengthens against the dollar as CBN interventions lift reserves to 18‑year high
The Nigerian naira rose by up to N14.74 per dollar on 27‑28 October 2026, marking its biggest daily gain since August, while central bank reserves climbed to $55.26 billion, an 18‑year peak.
LAS News Desk · 28 Oct 2026, 08:15 WAT · 3 sources
Naira weakens to N1,825 per pound as festive travel demand surges
The Nigerian naira has depreciated against the British pound, settling above the N1,800 mark. This decline is attributed to heightened foreign exchange demand for holiday travel and academic fees ahead of the festive season.
LAS News Desk · 27 Oct 2026, 09:46 WAT · 1 source
Naira holds steady near N1,340 as dollar demand persists in Nigerian FX market
The naira opened trading at approximately N1,339.93 against the US dollar on October 27, 2026, while parallel market rates remained higher, reflecting continued pressure from importers and domestic businesses.
LAS News Desk · 27 Oct 2026, 08:15 WAT · 1 source
Nigerian naira hovers around 1,330 per dollar as official rate steadies, parallel market remains higher
The official Nigerian foreign exchange rate stayed near ₦1,332 per US dollar on 20 October 2026, while the unofficial market continued to quote premiums above that level, reflecting ongoing pressure on the naira.
LAS News Desk · 20 Oct 2026, 06:46 WAT · 2 sources