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Currency - Page 42

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 16th September 2025

What is the dollar-to-naira exchange rate on the black market, like the Aboki Fx? The exchange rate for the US dollar (USD) to Nigerian naira (NGN) in the parallel market, also known as the black market, as of 16th September 2025, is

September 10, 2025

Naira Vs Dollar: What To Expect This Week (2nd - 6th June 2025)

Business·Currency

5 Measures To Stabilize Naira As Value Sinks To New Low Of N1,400/$1

Concerns about the impact of persistent depreciation of the value of the naira on Nigerian economy have continued to worry stakeholders in different stakeholders.

January 26, 2024

Naira Appreciates, Ends Week Positive Across Official, Black Markets

Business·Currency

Danger Looms As Naira Depreciates To N1,410/$1 At Black Market Amid High Demand, Economic Challenges

In a turn of events, the Nigerian Naira witnessed a depreciation, hitting a historic low of N1,410 against the US dollar on Thursday. This 3.29% decline, amounting to N45 weaker than the previous day’s closing rate of N1,365, underscores the severity of

January 25, 2024

Capital Importation: Banking Sector Records Highest Inflow In Q3 2024

Business·Currency

US Dollar Surges As ECB Keeps Mum On Interest Rates

The US Dollar gains strength following the European Central Bank’s decision to keep interest rates unchanged, leaving traders puzzled amid expectations of a possible cut. The market awaits ECB Chairman Christine Lagarde’s communication, which contradicts her earlier suggestion of a cut near

January 25, 2024

Expert Predicts Bitcoin Hitting $180,000 By End Of 2025, Urges Nigeria To Build Crypto Reserve

Business·Currency

Bitcoin Price Dynamics Signal Mixed Market Sentiment As Value Fluctuate Hovers Around $40,000

Bitcoin's price journey on Jan. 24, 2024, unfolds as a complex interplay of volatility and recovery.

January 24, 2024

Nigerian Naira Vs U.S. Dollar: What To Expect This Week (17th-22nd, March 2025)

Business·Currency

Naira Appreciates To N878/$1 At Official Window Amid Lingering FX Crisis

The naira showcased resilience at the official Investors and Exporters (I&E) Window on Tuesday, closing at N878.61/$1, marking a rebound from Monday's N925.34/$1.

January 24, 2024

Naira Gains More As Exchange Rate Drops To N1,300/$1 At Official Market

Business·Currency

Naira Depreciates To N902/$1 As Forex Turnover Drops 17.36% To $145.89m

Naira faced a 0.04% depreciation, closing at N902.45 to a dollar in the official market, as reported by the Nigeria Autonomous Foreign Exchange Market (NAFEM).

January 21, 2024

Gold remains too hot to chase, too hot to short

Business·Currency

Gold Price Rallies Above $2,030 Amidst Geopolitical Tensions, Uncertain Fed Outlook

As global tensions escalate with conflicts in the Middle East and geopolitical events unfold, Gold prices surge beyond $2,030, reflecting heightened demand for safe-haven assets.

January 21, 2024

Naira Falls To ₦1,530/$ At Official Market After Public Holiday

Business·Currency·News

Naira Hits Record Low Against British Pound Amid High Demand For Dollars

Nigerian parallel market exchange rate plummeted to an all-time low of N1,680 per Great Britain Pound (GBP), showcasing a 7% decline compared to the previous week.

January 21, 2024

Business·Currency

Naira May Depreciate To N1500/$1 In 2024 – Expert

Johnson Chukwu, the Group Managing Director, warned of a potential worst-case scenario where the naira could plummet to N1,500 against the dollar this year. Chukwu during the Cowry Asset Management’s economic review emphasized the need for a robust forex inflow. “The worst-case

January 19, 2024

Business·Currency

Naira Depreciation Sparks Surge In Dollar Savings As BDC Seeks Central Bank Review

Bureau De Change operators sounded the alarm as Nigerians flock to keep their savings in US dollars amid concerns over the eroding value of the naira.

January 18, 2024

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Currency - Page 42

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 16th September 2025

5 Measures To Stabilize Naira As Value Sinks To New Low Of N1,400/$1

Danger Looms As Naira Depreciates To N1,410/$1 At Black Market Amid High Demand, Economic Challenges

US Dollar Surges As ECB Keeps Mum On Interest Rates

Bitcoin Price Dynamics Signal Mixed Market Sentiment As Value Fluctuate Hovers Around $40,000

Naira Appreciates To N878/$1 At Official Window Amid Lingering FX Crisis

Naira Depreciates To N902/$1 As Forex Turnover Drops 17.36% To $145.89m

Gold Price Rallies Above $2,030 Amidst Geopolitical Tensions, Uncertain Fed Outlook

Naira Hits Record Low Against British Pound Amid High Demand For Dollars

Naira May Depreciate To N1500/$1 In 2024 – Expert

Naira Depreciation Sparks Surge In Dollar Savings As BDC Seeks Central Bank Review

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