Dollar and Naira exchange rate – Page 2 of 2

Naira Dips To N1,245/$1 In Unofficial Market Amid CBN’s Effort

In a twist of currency dynamics, the naira faces a tale of two markets as its value fluctuates to N1,230/$1 and N1,245/$1, driven by unofficial P2P and physical black markets despite Nigeria’s apex

Emmanuel Ochayi

4 months ago

Naira Appreciates To N874 In Official Market Amid $2.25bn FX Support

Business·Currency

Naira Appreciates To N856/$1 In Official Window As Afreximbank Injects $2.25bn Into FX Market

In a positive turn for the Nigerian economy, the Naira saw a surge against the dollar at both the official and parallel forex markets on Monday. The official exchange rate closed at

Emmanuel Ochayi

4 months ago

Naira Depreciates Further, Trades At N1,402 Against US Dollar

Business·Currency·Latest News

Naira Appreciates To N901/$1: Confidence Key To Stability – Experts

On a day marked by a marginal gain for the Naira against the dollar, the local currency appreciated to close at N901.41 to a dollar at the official market, while holding steady

Emmanuel Ochayi

5 months ago

Official Market Records Decline In Dollar Rate, Trade Flat In Black Market

Business·Currency·Latest News

Naira Hits New Record Low At N951/$1 – Experts Urge Drastic Economic Shifts

In a dramatic plunge, the Nigerian Naira plummeted to a historic low of N951/$1, marking a 15.19% depreciation in the official market. Wednesday’s trading saw fluctuations, with an intraday high of N1159.10/$1

Emmanuel Ochayi

5 months ago

Business·Currency

Naira Exchange Rate Dips 5.4% To N808/$ Official, N1,170/$1 Black Market

The naira has experienced a 5.4% decline affecting both the official and black markets. The official rate on the NAFEM closed at N808/$1, while the parallel market saw N1170/$1. This downturn marks

Emmanuel Ochayi

7 months ago

Business

Naira Falls to N1045/$ Amid Federal Reserve’s Cautious Stance

As the Federal Reserve maintains a cautious stance amidst uncertainties, the naira faces a significant decline in the parallel market. The continuous mismatch between demand and supply has pushed the naira to

Emmanuel Ochayi

7 months ago

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

Business·Currency

Forex Transaction Drops In Official Market, Dollar Rate Rises In Black Market

The volume of foreign exchange (forex) traded on Tuesday, 17 January 2023, fell by 72 per cent in the Investors and Exporters (I&E) window of the official market. According to data obtained

Fakoyejo Olalekan

1 year ago

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

Business·Opinion

Hoard The Naira Or Dollar?

President Muhammadu Buhari has spoken. In supporting the naira reissue, he has joined Godwin Emefiele’s frantic search for the missing N2.7 trillion underground liquid money. In a Sunday, October 30, 2022, statement,

MARCEL MBAMALU

2 years ago

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Dollar and Naira exchange rate - Page 2

Naira Dips To N1,245/$1 In Unofficial Market Amid CBN’s Effort

Naira Appreciates To N856/$1 In Official Window As Afreximbank Injects $2.25bn Into FX Market

Naira Appreciates To N901/$1: Confidence Key To Stability – Experts

Naira Hits New Record Low At N951/$1 – Experts Urge Drastic Economic Shifts

Naira Exchange Rate Dips 5.4% To N808/$ Official, N1,170/$1 Black Market

Naira Falls to N1045/$ Amid Federal Reserve’s Cautious Stance

Forex Transaction Drops In Official Market, Dollar Rate Rises In Black Market

Hoard The Naira Or Dollar?

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