The naira continued its depreciation against the United States dollar on Thursday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the domestic currency...
The dollar rate in the investors’ and exporters’ window hit N810.78/$1 on Thursday, the highest rate for the day, and also fell to a low of...
FMDQ Exchange reported that the authorised dealers in the official window increased the rate of the United States Dollar (USD) by N9.76 kobo to N747.76/$1 on...
The official market closed Thursday’s foreign exchange trading with N738/$1 rate, as the authorised dealers of the Central Bank of Nigeria (CBN) reduced their asking price...
The United States Dollar (USD) recovered on Monday to close high at N773.98/$1 in the investors’ and exporters’ window of the official market, against Friday’s N756.91/$1...
The closing rate of the United States Dollar was N780/$1 on Thursday, as the naira depreciated in value by 2.88 per cent in the Investors’ and...
The official market closed with the naira to dollar exchange rate settling at N742.10/$1 on Tuesday, according to the foreign exchange data released by the FMDQ...
The naira depreciated by 3.32 per cent on Thursday, as the United States Dollar (USD) closed at N762.71/$1 in the Investors’ and Exporters’ window of the...
The dollar rate extended its upward swing on Wednesday, after closing at N773.42/$1 in the Investors’ and Exporters (I&E) window of the official market, according to...
Investors and exporters in the official market were offered the United States Dollar (USD) at a range of N799/$1 and N475/$1 on Friday. The naira to...
Foreign exchange traders in the Investors’ and Exporters’ window of the official market transacted $54.18 million worth of forex on Friday. The authorised dealers and clients...
Acting Governor of the Central Bank of Nigeria (CBN), Folashodun Shonubi, has disclosed that the financial regulator will intervene in the foreign exchange (Forex) market. The...
The naira to dollar exchange rate settled at N768/$1 in the Investors’ and Exporters’ window on Thursday, as the naira appreciated by 3.21 per cent. Ripples...
On Monday, the authorised dealers reduced their asking price for the United States Dollar to N795.28 kobo/$1 by the close of trading in the official market....
The average naira to pound rate in the black market crossed N1000 on Friday, as the British currency was exchanged at N1002.2/£1. Both currencies had traded...
The value of the dollar fell in the investors’ and exporters’ window on Tuesday, as the naira appreciated against the United States currency by 1.78%. According...
The foreign exchange rate ended trading on Thursday at a rate of N464.67/$1 in the official market, the same rate the dollar closed on Wednesday. This...
On Thursday, the official market Dollar rate was N463.67 kobo/$1, indicating the Naira shed some value to the American greenback. Ripples Nigeria noted the Dollar increased...
Penultimate Wednesday, President Muhammadu Buhari unveiled the new naira redesigned by the Central Bank of Nigeria (CBN). The redesigned naira was received with mix reactions. Many...
The exchange rate between the dollar and naira fell by -3.9 per cent on Friday in the black market, with the Nigerian currency gaining against the...
Demands for dollar in the black market continues to overshoot supply and overwhelm the Bureau De Change operators. This has sustained a floating exchange rate in...
Bureau De Change operators continue to sell the United States dollar at a premium price in the black market, maintaining its over N300 difference when compared...
The United States dollar appreciated against the naira in the black market on Monday after Bureau De Change operators increased their asking price by N75. Traders...
