The naira closed the trading week softer at the official foreign exchange market, ending Friday at ₦1,421.9 per dollar despite a weaker U.S. dollar globally. Data from the Central Bank of Nigeria (CBN) and Nairametrics research show the local currency recorded marginal losses through the week as domestic supply constraints outweighed supportive global […]
What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Dollar to Naira exchange rate for 7th January, below. You can swap your dollar for Naira at these rates. How much is a dollar to naira today in the black market? […]
What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Dollar to Naira exchange rate for 31st October, below. You can swap your dollar for Naira at these rates. How much is a dollar to naira today in the black market? […]
This is the news about Dollar to Naira rate at the official and black market exchange rate Today December 16, 2021. Read Naija News update on the official dollar rates as well as Black Market rates, Bureau De Change (BDC) rates, and CBN rates. How Much Is Dollar To Naira Exchange Rate Today Official Rate? […]
This is the news about Dollar to Naira rate at the official and black market exchange rate Today October 27, 2021. Update on the official dollar rates as well as Black Market rates, Bureau De Change (BDC) rates, and CBN rates. How Much Is Dollar To Naira Exchange Rate Today Official Rate? The official rate […]
The Federal Government on Monday announced another currency reform as Naira falls across foreign exchange markets in the country. The Minister of Finance, Budget and National Planning, Zainab Ahmed, told journalists in Abuja that Nigeria would henceforth adopt the flexible Investors and Exporter window rate for official transactions. She said the government would start to […]
Barely 24 hours the Central Bank of Nigeria (CBN) resumed dollar sales at the Bureau De Change (BDC) sector, the Naira have reversed the gain made against the dollar. READ ALSO: ‘How Naira strengthens against dollar amid CBN interventions’ The Naira traded at N441 to the dollar on Tuesday, losing N6 from N435 recorded on […]
Barely 24 hours after the naira was forced to a downward trajectory by dollar scarcity, it bounced back, closing at ₦477 to a dollar at the parallel market in Lagos. According to reports, the Pound Sterling and the Euro traded at ₦608 and ₦550, respectively. READ ALSO: Naira declines as external reserves shed $2.69 billion […]
Nigeria’s currency, naira, remained stable against the US dollar at the parallel segment of the foreign exchange market, last week. The Naira sold at N450 to $1 last week and has remained at this rate for the past working days, refusing to breach the N450 support levels. The stability of the naira is reinforced by […]
The Niger Government on Wednesday said it has received a six million dollar World Bank grant to get the teeming out-of-school children in the state back to classroom. Alhaji Abubakar Aliyu, Permanent Secretary, Ministry of Education disclosed this during an interview in Minna. Aliyu said that the grant would be utilised by the State Universal […]
Asian stocks and the pound gained on Tuesday as investors held out hope that Britain still had a chance of avoiding a messy exit from the European Union (Brexit) at key negotiations this week. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.1 per cent. Australian shares were up 0.17 per cent, while […]
Motolani Oseni The Naira at the Investors & Exporters Foreign Exchange (I & E FX) on Monday appreciated by 0.1 per cent to close at N362.21 against the Dollar from N361.60 it opened for trading. According to the FMDQ Securities Exchange, the local currency traded high and low at N 364.00 and N310.00 against the […]
The Association of Bureaux De Change Operators of Nigeria (ABCON) has reinforced its support for the Central Bank of Nigeria’s (CBN) financial stability and monetary policy functions. In a statement released yesterday, ABCON President, Alhaji (Dr) Aminu Gwadabe said the apex bank under Governor Godwin Emefiele has achieved financial stability and promoted monetary policy initiatives […]
.As I&E window records $201.2m turnover The Naira, on Monday, 12 March, 2018, appreciated slightly against the US Dollar to close at N305.75 against N305.80 and N305.85 traded throughout last week at the official spot market, but remained stable at N362 at the parallel segment of the forex market, even though it dropped two point […]
…Suffers marginal loss at NAFEX The Nigerian currency, Naira, ended the just concluded trading week on a high note against the United State Dollar, closing at N305.95, better than N306.50 traded on Thursday, N306.00 exchanged on Wednesday, Tuesday and Monday. The Central Bank of Nigeria (CBN) has again intervened in the Retail Secondary Market Intervention […]
Nigeria’s currency Naira on Thursday dropped slightly at the Investors and Exporters (I&E) foreign exchange window at N 360.75 against N360.56 traded on Wednesday, data obtained from the FMDQ OTC has showed. The autonomous FX window, had opened trading at N360.20, the same rate recorded on Wednesday before settling at a weaker closing rate compared […]
….As NAFEX records $195.6m transactions turnover Following the dropped of the Naira to N307 per US Dollar on Monday for the first time ever at the official foreign exchange, the Nigeria’s local currency, rebounded slightly to close at 306.85, as at close of yesterday trading activities, while the local currency extended its gaining streak against […]
The Nigerian currency, Naira, on Monday extended its gain over US Dollar at the official foreign exchange market, with closing rate of 305.80 against 305.85 traded on Friday and stronger than 305.90 sold the previous day. This is even as the Nigerian Autonomous Foreign Exchange (NAFEX) widow, recorded transactions turnover of $179.78 million at the […]
The Nigerian naira has made interesting improvement against the dollar as it continues its recovery. The Naira Tuesday appreciated against the dollar at the parallel market. The Nigerian currency gained N2 to exchange at N365 to the dollar, stronger than N367 posted on Monday while the Pound Sterling and the Euro closed at N475 and […]
Remains weak at official FX market, NAFEX window The Nigerian currency, Naira, on Monday, shed slight points against the three major foreign currencies, Dollar, Pound and the Euro at the parallel segment of the foreign exchange market. The local currency, however, remained low at the official Forex market; and fell slightly at the Nigeria Autonomous […]