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Currency - Page 54

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

Business·Currency

Dollar Rate Hits N782 In Official Window, N891 In Black Markets

In the Investors’ and Exporters’ window of the official market, the naira to dollar rate settled at N782.38/$1 at the end of trading on Wednesday. The naira depreciated in value by 3.28 per cent at the same time the price of the

August 10, 2023

Naira Appreciates To N869/$1 As Experts Debate Stability

Business·Currency

Black Market Dollar Rate Rises, Official USD Hits N757.51

The official market exchange rate between the dollar and the naira closed at N757.51/$1 on Tuesday, as the Nigerian currency appreciated by 2.22 per cent. This indicates the price for the United States currency dropped by N17.27 kobo at the end of

August 9, 2023

Naira Ends Week With Marginal Gain Against Dollar

Business·Currency

Dollar Trades As Low As N475/$1 In Official Market, Stabilises In Black Market

Authorised dealers in the investors’ and exporters’ window on Monday increased the asking price of the United States Dollar to N774.78/$1. Investors and exporters saw the price rise by N31.71 kobo at the end of trading in the I&E window of the

August 8, 2023

CBN Releases Another Around Of $10,000 FX To Each BDC, Mandates Them To Sell At N1,117/$1

Business·Currency

CBN-backed I&E Window Reduces Dollar Rate, Black Market Sellers Hike Price

The price of the United States Dollar was reduced by N33.43 kobo at the end of trading in the official market on Friday, as it closed at N743.07/$1. Prime Business Africa gathered that the reduction in the dollar rate showed the naira

August 7, 2023

Business·Currency

Dollar Sells At N776/$1 In I&E window, USD Price Changes In Black Market

Investors’ and exporters’ window recorded N776.50/$1 as the closing exchange rate between the naira and the United States Dollar on Thursday. The exchange rate between both currencies was raised by N34.86 kobo from the N741.64/$1 rate reported at the end of trading

August 4, 2023

Business·Currency

Dollar Rate Falls To N741/$1, Trades Above N800 In Black Market

The dollar rate in the official market depreciated by N47.44 kobo to N741.64/$1 on Wednesday, from the previous day’s N789.08/$1 rate. According to FMDQ Exchange, the dollar also went on sale for N700/$1, the lowest rate for the day, and N804/$1, the

August 3, 2023

Naira Opens Week With Gain Across FX Markets

Business·Currency

Official, Black Markets’ Forex Dealers Increase Dollar Rate

In the investors’ and exporters’ window on Tuesday, the authorised dealers closed foreign exchange trading with N789.08/$1 rate. The authorised dealers increased the price of the dollar from N756.94/$1 rate offered on Monday, indicating the naira depreciated in value by N32.14 kobo.

August 2, 2023

Business·Currency

Top 10 African Countries With Lowest Value Currency Exchange In 2023

Exchange rate, the rate at which a country’s currency exchanges for another is important in determining the movement of money between countries and generally influences international trade. READ ALSO: TerraPay’s New Research sheds light into the rise of digital wallet-based apps in Africa

August 1, 2023

Naira Ends Week With N59.71 Gain At Official Market

Business·Currency

Black Market, Official Dollar Rates Fall, Tinubu Defends Naira Devaluation

The official foreign exchange authorised dealers dropped the price of the dollar by N18.82 kobo at the close of trading on Monday. According to the FMDQ Exchange, the official naira to dollar rate closed down at N756.94/$1, in contrast to the N775.76/$1

August 1, 2023

Naira Appreciates At Official Market As Dollar Supply Rises On Friday

Business·Currency

Official Dollar Rate Drops To A Low Of N465, BDC USD Price Rises

In the Investors’ and Exporters’ window of the official market on Friday, the dollar was traded as low as N465/$1 and as high as N799.50/$1. However, the dollar depreciated by N7.16 kobo or 0.93 per cent at the end of trading, considering

July 31, 2023

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Currency - Page 54

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

Dollar Rate Hits N782 In Official Window, N891 In Black Markets

Black Market Dollar Rate Rises, Official USD Hits N757.51

Dollar Trades As Low As N475/$1 In Official Market, Stabilises In Black Market

CBN-backed I&E Window Reduces Dollar Rate, Black Market Sellers Hike Price

Dollar Sells At N776/$1 In I&E window, USD Price Changes In Black Market

Dollar Rate Falls To N741/$1, Trades Above N800 In Black Market

Official, Black Markets’ Forex Dealers Increase Dollar Rate

Top 10 African Countries With Lowest Value Currency Exchange In 2023

Black Market, Official Dollar Rates Fall, Tinubu Defends Naira Devaluation

Official Dollar Rate Drops To A Low Of N465, BDC USD Price Rises

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Currency - Page 54

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