• About Us
  • Privacy Policy
  • Contact Us
  • Advertise With Us
  • Home
Metrowatchonline
Monday, October 13, 2025
  • Home
  • News
  • Security
  • World
No Result
View All Result
  • Home
  • News
  • Security
  • World
No Result
View All Result
Metrowatchonline
No Result
View All Result
Home Business

Naira Depreciates against US Dollar across Official, Black Markets

Data from the Central Bank of Nigeria showed that the Naira dropped to N1,470.26 on Monday, down from N1,465.68 traded on Friday.

Emmanuel Babs by Emmanuel Babs
October 7, 2025
in Business, Highlights, Top News
0
Naira

The Naira depreciated against the United States Dollar across official and parallel foreign exchange markets to begin the week on a negative note.

Data from the Central Bank of Nigeria showed that the Naira dropped to N1,470.26 on Monday, down from N1,465.68 traded on Friday.

This means that the Naira weakened by N4.58 per dollar on Monday compared to the N1,465.68 recorded on Friday last week.

Similarly, at the black market, the Naira dropped to N1,505 per dollar on Monday, down from N1,495 traded at the close of business on Friday last week.

ALSO READ...

Renowned Evangelist, Uma Ukpai, Dies at 80

CBN Gov Leads Nigeria’s Delegation to World Bank, lMF Meetings

Bureau de Change operators attributed the drop to rising demand for foreign exchange.

Recall that the Naira had also eased against the Dollar on Friday.

This comes despite the continued rise in Nigeria’s external reserves to $42.44 billion as of October 3, 2025.

Tags: DollarNaira
Previous Post

VP Kashim Shettima Commends Shell Investments at Nigeria Economic Summit

Next Post

FIFA U-20 World Cup: Flying Eagles Aim to Repeat Feat against Argentina

Emmanuel Babs

Emmanuel Babs

Related Posts

Naira

Naira Appreciates Massively against US Dollar in Black Market

September 25, 2025
Naira

Naira Records Third Consecutive Appreciation against US Dollar

September 4, 2025
Naira

Naira Records 3 Consecutive Depreciations against Dollar

August 21, 2025
Naira

Naira Harmonisation Achieved, Says Presidency

July 19, 2025
Naira

Naira Appreciates against Dollar after 3 Days of Depreciation

June 21, 2025
Naira

Naira Records Highest Appreciation against Dollar

May 13, 2025
Next Post
FIFA U-20 World Cup: Flying Eagles Aim to Repeat Feat against Argentina

FIFA U-20 World Cup: Flying Eagles Aim to Repeat Feat against Argentina

  • About Us
  • Privacy Policy
  • Contact Us
  • Advertise With Us
  • Home

© 2024 Metrowatch Online Published by Miraculous Media Connect Limited. All rights reserved

No Result
View All Result
  • Home
  • News
  • Security
  • World

© 2024 Metrowatch Online Published by Miraculous Media Connect Limited. All rights reserved

Go to mobile version