Black market rate

Forex: Naira Ends Week On Positives Note With N1,431/$ At Official Market

Black Market And Official Dollar Rates’ Gap Drop By 66% To N96

On Wednesday, foreign exchange investors and exporters in the official and black markets saw the gap between both markets’ dollar rates shrink by 66.6%. This represents a reduction of N192.37, as the

Fakoyejo Olalekan

11 months ago

Fuel Stations To Increase Petrol Price To Over N700, Oil Marketers Give Reasons

Business·Oil & Gas

Gap In Black Market, Official USD Rates Won’t Let Us Import Fuel – Marketers

Oil marketers in Nigeria have revealed the reason importing fuel alongside the Nigerian National Petroleum Company (NNPC) Limited might be impossible. It was stated that their inability to source foreign exchange with

Fakoyejo Olalekan

11 months ago

The naira's value against the dollar took a hit at the start of the week, with exchange rates opening at N1,200/$1 on peer-to-peer (P2P) platforms

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

Fakoyejo Olalekan

11 months ago

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

Fakoyejo Olalekan

12 months ago

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

Fakoyejo Olalekan

12 months ago

Naira Appreciates To N869/$1 As Experts Debate Stability

Business·Currency

Dollar Rate Falls, As Two Governors Disagree Over CBN’s Cash Withdrawal Limit

On Monday, the naira finally gained against the United States dollar (USD) in the official exchange market, after four days of depreciation in the value of the Nigerian currency. At the end

Fakoyejo Olalekan

1 year ago

Business·Currency

Dollar To Naira Exchange Rate: Dollar Rate Hit N790, As BDC Operators Profit From CBN’s Policy

The exchange rate between the naira and the United States dollar (USD) went haywire in the black market on Friday evening. Bureau De Change operators profited from the recent announcement made by

Fakoyejo Olalekan

1 year ago

Business·Currency

Black Market Dollar To Naira Exchange Rate: Dollar Rate Rises In Official Market, Euro, Pound Crashes

July 15, 2022 Dollar Update: The United States currency gained against the naira on Friday in the official market, while it appreciated against the Euro and Pounds, the Investors and Exporters (I&E)

Fakoyejo Olalekan

2 years ago

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Black Market And Official Dollar Rates’ Gap Drop By 66% To N96

Gap In Black Market, Official USD Rates Won’t Let Us Import Fuel – Marketers

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

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

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

Dollar Rate Falls, As Two Governors Disagree Over CBN’s Cash Withdrawal Limit

Dollar To Naira Exchange Rate: Dollar Rate Hit N790, As BDC Operators Profit From CBN’s Policy

Black Market Dollar To Naira Exchange Rate: Dollar Rate Rises In Official Market, Euro, Pound Crashes

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