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Currency - Page 55

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 Ends Week With Marginal Gain Against Dollar

Business·Currency

Authorised Dealers Increase Dollar Rate In I&E Window, Black Market’s USD Now N859

On Thursday, traders in the Investors’ and Exporters’ window recorded an increase of N28.52 kobo in the cost of the United States Dollar (USD). Although the authorised dealers demanded between N869/$1 and N730/$1, the American Greenback closed trading at N768.60/$1. This showed

July 28, 2023

Naira Appreciates To N869/$1 As Experts Debate Stability

Business·Currency

Official Dollar Rate Falls, Black Market Forex Dealers Hike Rates

The price of the United States Dollar (USD) depreciated to N740.08/$1 on Wednesday, from N791.42/$1, the FMDQ Exchange reported. Official foreign exchange data obtained from FMDQ showed that the dollar depreciated by N51.42 kobo or 6.49 per cent at the end of

July 27, 2023

Business·Currency

Dollar Rate Drops In CBN-backed Official Channel, Up In Black Market

The dollar rate dropped in the Investors’ and Exporters’ window to N791.42/$1 on Tuesday, 25 July, from N792.04/$1 reported on Monday. According to the FMDQ Exchange, the N0.62 kobo increase in the price of the dollar occurred at the close of trading in

July 26, 2023

Naira Appreciates At Official Market As Dollar Supply Rises On Friday

Business·Currency

Naira To Dollar Rate Hits N792/$1, Black Market Price Up N23

The naira to dollar rate traded as high as N855/$1 on Monday, and as low as N650/$1 in the Investors’ and Exporters’ window of the official market. However, at the close of trading, the United States currency drew the curtain at N792.04/$1,

July 25, 2023

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

Business·Currency·News

Why Naira Still Under Pressure

Nigerians may be in for a long rugged ride on the Naira exchange rate conundrum if the opinion of economic analyst, Muda Yusuf, is anything go by. While agreeing that the volatility in the foreign exchange market is naturally unsettling, Yusuf,

July 25, 2023

Business·Currency

Dollar Sold As High As N855 In Official Forex Market

The official market dollar rate was up by N9.82 kobo on Friday as FMDQ Exchange reported it ended trading at N777.82/$1. Prime Business Africa had reported that the naira exchanged for the United States Dollar at N768/$1 rate on Thursday. Although during

July 24, 2023

Business·Currency

Official Dollar Rate Now N768, Black Market USD Rate Hits N859

The foreign exchange aggregator, FMDQ Exchange, disclosed that the official forex market closed trading with N768.16/$1 rate on Thursday, 21 July. A report released on Thursday showed the naira to dollar rate fell below the closing price of N793.70/$1 posted on the

July 21, 2023

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

Business·Currency

CBN’s Authorised Dealers Sell Dollar At N853

In the Investors’ and Exporters’ window on Wednesday, the official naira to dollar exchange rate closed at N793.70/$1, rising from N742.93/$1. Prime Business Africa learnt that between Tuesday and Wednesday, the United States Dollar appreciated in value by N50.77 kobo. In addition,

July 20, 2023

Business·Currency

Naira To Dollar Rate Falls Below N800 In Official Market, BDCs Raise Prices Of USD, Pound, Euro

The official market dollar rate on Tuesday was N742.93 kobo/$1 by the end of the session, which is below the N795.28 kobo posted on Monday. This means authorised dealers in the Investors’ and Exporters’ window were willing to drop the price of

July 19, 2023

Business·Currency

Dollar Falls In I&E Window, Sold At N804 In Black Market

The naira recovered against the dollar in the Investors’ and Exporters’ (I&E) window of the official market on Monday, according to the FMDQ Exchange. Both currencies exchanged at N795.28 kobo/$1, by the close of trading, which is below the N803.90 kobo/$1 rate

July 18, 2023

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Currency - Page 55

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

Authorised Dealers Increase Dollar Rate In I&E Window, Black Market’s USD Now N859

Official Dollar Rate Falls, Black Market Forex Dealers Hike Rates

Dollar Rate Drops In CBN-backed Official Channel, Up In Black Market

Naira To Dollar Rate Hits N792/$1, Black Market Price Up N23

Why Naira Still Under Pressure

Dollar Sold As High As N855 In Official Forex Market

Official Dollar Rate Now N768, Black Market USD Rate Hits N859

CBN’s Authorised Dealers Sell Dollar At N853

Naira To Dollar Rate Falls Below N800 In Official Market, BDCs Raise Prices Of USD, Pound, Euro

Dollar Falls In I&E Window, Sold At N804 In Black Market

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Currency - Page 55

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