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Currency - Page 61

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

CBN’s RT200 FX Programme Increases Repatriation Of Non-oil Export Proceeds

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, revealed that the RT200 FX programme has led to an increase in foreign exchange repatriation. Emefiele said the rebate programme attached to the RT200 FX, which offers exporters N65 for every

May 11, 2023

Naira Opens Week With Gain Across FX Markets

Business·Currency

Investors, Exporters Buy Dollar At N462.25, USD Crunch Affect Forex Supply

Traders in the official market exchanged the Naira for Dollar at N462.25 kobo/$1 at the end of the session on Tuesday, 10 May. Although during trading, investors and exporters exchanged the United States currency at a high of N466/$1 and a low

May 10, 2023

Naira Appreciates To N869/$1 As Experts Debate Stability

Business·Currency

Dollar Remains Strong Against Naira As Dangote Refinery Set To Free Up Forex

The exchange rate between the Naira and the Dollar settled at ₦462.78/$1 on Monday, 8 May, in the official market, which is backed by the Central Bank of Nigeria (CBN). At the end of trading, the United States currency increased in value

May 9, 2023

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

Business·Currency

Naira To Dollar Rate Closes At N462.23, Foreign Exchange Supply Up By $19.86 million

The Naira and Dollar exchange rate settled at ₦462.23 kobo/$1 at the close of business in the official market on Friday, 5 May 2023. This represents a 0.14 per cent increase in the value of the Naira and ₦0.65 kobo drop in

May 8, 2023

Business·Currency

Dollar Weakens As Tinubu Eyes New Exchange Rate For Traders, Investors

The Dollar shed some value to the Naira on Thursday, 4 May, resulting in the Nigerian currency rising by 0.02 per cent, while the cost of the greenback dropped by N0.12 kobo. Prime Business Africa learnt that the Naira to Dollar rate

May 5, 2023

Naira Ends Week With Marginal Gain Against Dollar

Business·Currency

Dollar Rate Increases After $1.58 billion Drop In Foreign Reserves

At the end of trading in the foreign exchange (forex) official market on Wednesday, 3 May, the Naira slumped to the Dollar, as the forex rate closed at ₦463/$1. The Naira failed to hold on to the gain recorded on Tuesday, 2

May 4, 2023

Naira Appreciates At Official Market As Dollar Supply Rises On Friday

Business·Currency

Naira Recovery Knocks Down Dollar Rate In Official Market

Dollar rate in official market was down on Tuesday, 2 May 2023, with the Naira recovering from drop reported on Friday, 28 April. Due to the Workers’ Day public holiday on Monday, 1 May, the official market was closed, hence, no foreign

May 3, 2023

Business·Currency

Dollar Rate Up 47% Since CBN Banned Forex Sales To Black Market Sellers

The foreign exchange (forex) rate between the Naira and the Dollar has increased by 47 per cent since the Central Bank of Nigeria (CBN) banned the sales of FX to the black market. This represents N245 increase in the price offered by

May 2, 2023

Naira Ends Week With N59.71 Gain At Official Market

Business·Currency

CBN’s $15.3 billion Intervention Fails To Clip Dollar, Exchange Rate Hit N463

Traders in the Investors’ and Exporters’ window of the official market transacted $71.68 million in foreign exchange on Friday, 28 April, as the Naira to Dollar exchange rate increased by 0.21 per cent. At the end of trading, data released by the

May 1, 2023

Business·Currency

Naira To Dollar Exchange Rate Hit N462, MTN, 11 Plc CEOs Lament

The Naira extended its gain against the United States Dollar to the third day of trading in the official market, as the foreign exchange (forex) rate between both currencies closed at ₦462/$1 on Thursday, 27 April. Prime Business Africa previously reported on

April 28, 2023

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Currency - Page 61

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

CBN’s RT200 FX Programme Increases Repatriation Of Non-oil Export Proceeds

Investors, Exporters Buy Dollar At N462.25, USD Crunch Affect Forex Supply

Dollar Remains Strong Against Naira As Dangote Refinery Set To Free Up Forex

Naira To Dollar Rate Closes At N462.23, Foreign Exchange Supply Up By $19.86 million

Dollar Weakens As Tinubu Eyes New Exchange Rate For Traders, Investors

Dollar Rate Increases After $1.58 billion Drop In Foreign Reserves

Naira Recovery Knocks Down Dollar Rate In Official Market

Dollar Rate Up 47% Since CBN Banned Forex Sales To Black Market Sellers

CBN’s $15.3 billion Intervention Fails To Clip Dollar, Exchange Rate Hit N463

Naira To Dollar Exchange Rate Hit N462, MTN, 11 Plc CEOs Lament

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