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Currency - Page 60

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

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

Business·Currency

Dollar Gains Against Naira, As Foreign Exchange Traders Await CBN’s MPC Decision

On Tuesday, 23 May, the United States Dollar was sold to investors and exporters in the official market at the rate of N464.42 kobo/$1. They were sold the American greenback at N0.92 kobo more than the currency was priced at the close

May 24, 2023

Naira Appreciates At Official Market As Dollar Supply Rises On Friday

Business·Currency

Black Market Naira To Dollar Rate Falls, USD Cost Rises In Official Market

The Naira to Dollar rate closed Monday’s official foreign exchange market at N463.5 kobo/$1, with the Nigerian currency depreciating by 0.10 per cent. Investors and exporters were offered the Dollar at N0.5 kobo more than the N463 they bought the American greenback

May 23, 2023

Business·Currency

Dollar Sells At N463 In Official Market, Black Market Traders Buy At N759

The Dollar rate was static in the official market, as traders in the investors’ and exporters’ window traded fewer foreign exchange on Friday. At the end of trading, according to data obtained from the FMDQ Exchange, the Naira to Dollar rate settled

May 22, 2023

Naira Ends Week With Marginal Gain Against Dollar

Business·Currency

Investors, Exporters Buy Dollars At Lower Rate, As Naira Value Rises

In the official market on Thursday, 19 May, traders saw the foreign exchange (Forex) rate between the Naira and the Dollar end at N463/$1. This contrasted with the N465.13/$1 both currencies traded at the close of the session on Wednesday, indicating the

May 19, 2023

Business·Currency

Dollar Rate Rises, As Senate Orders CBN To Release $717.47 million

Investors and exporters were offered the Dollar at the rate of N465.13 kobo/$1 on Wednesday, according to FMDQ Exchange data. This was the closing rate of the Naira to Dollar exchange in the official market. It contrasts the N464.67/$1 both currencies traded

May 18, 2023

Naira Opens Week With Gain Across FX Markets

Business·Currency

Gap Between Black Market, Official Window Dollar Rates Now N275.33

The gap between the foreign exchange rates for the Naira and the Dollar in the black market and the official window stood at N275.33 kobo on Tuesday, 16 May. Prime Business Africa gathered that the Dollar exchanged at N740/$1 in the black market,

May 17, 2023

Business·Currency

Nigeria’s Official Foreign Exchange Rate Depreciates, Traders Transact $55.10 million

The value of the Naira decreased slightly by 0.36 per cent on Monday, 15 May, with the cost of a Dollar inching higher by N1.67 kobo. This is according to the FMDQ Exchange which disclosed that the rate to exchange the Naira

May 16, 2023

Business·Currency

Black Market Operators Buy Dollar At N738, Pound N920, As Official Market Rate Drops

The Dollar was offered to traders in the official market at the rate of N462.33/$1 by the close of business on Friday, 12 May. This is lower than the N462.73/$1 investors and exporters bought the United States Dollar last week Thursday, 11

May 15, 2023

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

Business·Currency

Traders Pay More For Forex As Dollar Rate Rises In Official, Black Markets

The Dollar was sold at N462.73 kobo on the official foreign exchange market and N745/$1 in the black market on Thursday, 11 May. Traders saw the Naira they exchanged for the Dollar depreciate by 0.06 per cent in value, as the price

May 12, 2023

Business·Currency

Naira Falls To Dollar, As Exchange Rate Hits N463.02/$1

The official market ended foreign exchange (forex) trading on Wednesday, 10 May, at N463.02/$1, as the Dollar rate increased by N0.77 kobo. This contrasted with the N462.25 kobo/$1 foreign exchange rate FMDQ Exchange reported at the close of trading the previous day. FMDQ

May 11, 2023

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Currency - Page 60

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

Dollar Gains Against Naira, As Foreign Exchange Traders Await CBN’s MPC Decision

Black Market Naira To Dollar Rate Falls, USD Cost Rises In Official Market

Dollar Sells At N463 In Official Market, Black Market Traders Buy At N759

Investors, Exporters Buy Dollars At Lower Rate, As Naira Value Rises

Dollar Rate Rises, As Senate Orders CBN To Release $717.47 million

Gap Between Black Market, Official Window Dollar Rates Now N275.33

Nigeria’s Official Foreign Exchange Rate Depreciates, Traders Transact $55.10 million

Black Market Operators Buy Dollar At N738, Pound N920, As Official Market Rate Drops

Traders Pay More For Forex As Dollar Rate Rises In Official, Black Markets

Naira Falls To Dollar, As Exchange Rate Hits N463.02/$1

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Currency - Page 60

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