Naira Strengthens Against Dollar At Official Market
The naira strengthened against the dollar at the official foreign exchange market on Thursday, gaining N1.54847 per dollar. This marginal appreciation of N2.63 indicates stability for the naira against the…
Naira Strengthens Against Dollar In Parallel, Official Markets
The Nigerian naira has appreciated significantly against the US dollar in both parallel and official foreign exchange markets. It gained N25 against the dollar on the black market, closing at…
Naira Records Massive Gains, Appreciates to N1,485.95 Per Dollar
The naira has recorded significant gains against the dollar on the foreign exchange market, appreciating by N24.77. According to FMDQ data, the naira rose to N1,485.95 per dollar on Thursday,…
Naira Records First Depreciation Against Dollar on Black Market
The naira has recorded its first depreciation against the dollar on the black market since the start of the week. According to a Bureau de Change operator, the naira fell…
Naira Depreciates Further Against Dollar at Black Market
The Naira has continued its depreciation against the dollar at the parallel foreign exchange market. According to a Bureau de Change operator, the Naira dropped to N1500 per dollar on…
Naira Continues Depreciation Against Dollar, Records Highest Weekly Decline
The Nigerian naira continued to depreciate against the US dollar at the foreign exchange market on Friday. According to the Central Bank of Nigeria's exchange rate data, the naira fell…
Naira Reverses Gains, Depreciates To 1,517.24/$ At Official Market
The naira reversed its recent gains, depreciating by 1.66% against the US dollar at the official market and closing at 1,517.24/$. At the parallel market, the naira also eased to…
Naira Continues Free-Fall Against Dollar, Hits N1,536.15 Per Dollar
The Nigerian naira has continued its decline against the US dollar at the official foreign exchange market. According to the Central Bank of Nigeria's exchange rate data, the naira depreciated…
Dollar to Naira Exchange Rate Today: Black Market Rate Hits N1645
The dollar to naira exchange rate at the black market, also known as the parallel market, has hit N1645 as of September 5, 2024." According to sources at…
Naira Hits Low of N1,689.88 as FX Liquidity Plummets by 77%
The Nigerian naira has sunk to an all-time low of N1,689.88 to the US dollar, marking a significant depreciation of the local currency amid a steep drop in daily foreign…