Abuja Zone 4 Forex

Forex Update Naira Extends Depreciation Streak at Official Market to Three Days, Closes at N1,380.11

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The Nigerian foreign exchange ecosystem recorded additional trading pressure as the local currency extended its downward trajectory at the official window. According to institutional transaction data, the currency’s negative run has now persisted for three consecutive operational sessions, causing market observers to closely monitor immediate demand factors. Three-Day Losing Streak at the Official FX Window … Read more

Black Market Dollar to Naira Exchange Rate Maintains Stable Posture Ahead of Weekly Opening

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As retail currency merchants prepare for the upcoming commercial week, the parallel market exchange rates for major foreign currencies have maintained a steady posture across principal trading hubs like Zone 4 in Abuja and Kano. Independent dealers report that demand for the United States Dollar (USD) remained moderate over the weekend, allowing the retail market … Read more