The naira gained a shrimp bit in the parallel market on August 12, 2025, trading at ₦1,555 per US dollar when put next to ₦1,560 the day before today.
In the decent Nigerian Foreign Alternate Market (NFEM), the forex additionally strengthened marginally to ₦1,536.8 per dollar from ₦1,538.4. This circulate narrowed the gap between the decent and parallel markets to ₦18.2, down from ₦21.6 a day earlier.
The improved charges point to a modest easing of strain in both markets and can merely mute replicate early indicators of stability in Nigeria’s international alternate ambiance.
