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Black market exchange rate

Naira Ends Week With N30 Gain In Black Market: Hope For Naira?

Naira Appreciate In Official Market, Black Market Hits N1000/$1

In a surprising turn of events, the Nigerian naira exhibited a mixed performance in the foreign exchange market on Tuesday, leaving both investors and traders in a state of flux. While the official market saw the naira appreciate against the dollar, the

September 27, 2023

Business·Currency·News

USD Drops To N475/$1 Officially, Edges Closer To N1000 In Black Market

The United States Dollar (USD) experienced a significant dip, hitting a low of N475/$1 in the investors’ and exporters’ window of the official market, as reported by FMDQ Exchange on Wednesday. This downturn in the USD’s value sent ripples through the forex

September 21, 2023

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

Business·Currency

BDC Operators, Official Market Increase Dollar, Pound And Euro Rates

The foreign exchange rates rose across the official market and the black market on Thursday, according to reports from the FMDQ Exchange and Naira Rates. Data obtained from FMDQ Exchange, the official market aggregator, showed that the naira to dollar exchange rate

June 23, 2023

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Black market exchange rate

Naira Appreciate In Official Market, Black Market Hits N1000/$1

USD Drops To N475/$1 Officially, Edges Closer To N1000 In Black Market

BDC Operators, Official Market Increase Dollar, Pound And Euro Rates

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