Nigeria’s currency remained stable across foreign exchange (FX) segment on Friday as the market remained calm following the 72 hours curfew declared by some state governments to curtail violence by hoodlums who hijacked the #EndSARS protest
Most black market operators have been absent from the market since on Wednesday. However, data from abokifx showed that Naira was stable at N463, elsewhere before the curfew Naira exchanged with the dollar at N461.
The local currency was stable also at N460 at the Bureau De Change (BDC) segment of the foreign exchange market.
At the Investors and Exporters (I&E) forex window, Naira remained stable at N386.00 per dollar. Analysts at FSDH research said most participants maintained bids between N383.00 and N394.00 per dollar.
Hope Moses-Ashike
Hope Moses-Ashike is an Associate Editor, Banking and Finance, with more than a decade of experience reporting on Nigeria’s financial system and broader economy. She closely tracks market movements, monetary policy decisions, company disclosures, regulatory actions, economic indicators, and global developments, and interprets what they mean for businesses, investors, policymakers, and households. Her reporting helps readers understand complex issues such as inflation trends, foreign exchange market dynamics, interest rate decisions, bank performance, and investment risks.
She also covers major international events and periodically travels to Washington, D.C., to report on the World Bank/IMF Spring and Annual Meetings.
Her dedication to financial journalism has earned her multiple recognitions and invitations to high-level professional development programmes. She is an alumna of the International Visitors Leadership Programme (IVLP) in the United States and holds an Advanced Financial Journalism Certificate from the Press Association Training in London, UK. Her other notable achievements include completing the Lagos Business School CMC Programme, the Bloomberg Media Africa Initiative Programme, and a Master Class in Journalism at Rhodes University in South Africa.
