Dollar rate – Page 7 of 12 – Prime Business Africa

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

Bureau De Change Operators Sell One Dollar Below N750

The Bureau De Change window of the black market kept the exchange rate of the naira to dollar below N750 on Tuesday, January 3, 2023. After a one-day public holiday to celebrate the New Year, the dollar rate maintained a level between

January 3, 2023

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

Business·Currency

Dollar Rate Drops In Black Market, Rises To N461 In CBN-Backed Channel

The dollar rate in the official market increased on Thursday by 0.07 per cent as traders reduced the volume of transactions by 27.48 per cent. On December 29, foreign exchange trading record obtained from FMDQ Securities showed that the exchange rate between

December 30, 2022

Business·Currency

Bureau De Change Operators Agree To Sell Dollar At N745, Disagree On Buy Rate

The black market seems to be aligned on the exchange rate to sell dollars to the public, but there’s a disparity in the rate to buy the foreign currency from traders and individuals. In the parallel market, demand and supply determine the

December 29, 2022

BDC Operators' Pound Rate Causing Gains, Loses For Nigerians

Business·Currency

Black Market’s Pound Rate Causing Gains, Loses For Nigerians

On Wednesday, the pound extended its value closer to N1000 exchange rate in the Bureau De Change window of the black market, selling above the dollar rate. Prime Business Africa was told by Bureau De Change operators that they sold one pound

December 28, 2022

Naira Opens Week With Gain Across FX Markets

Business·Currency

BDC Operators Offer To Buy Dollar At N730 To Entice Official Market Traders

The exchange rate between the dollar and naira continues to sell above N700 in the black market, as demands for foreign exchange switched to the parallel market due to the Christmas holiday in the official market. Amid the yuletide period, the black

December 28, 2022

Business·Currency

Dollar Goes For N740 In Black Market, Maintains N200 Above Official Forex Rate

As Nigerians celebrate the yuletide period, the dollar rate remains at a premium in the black market, as the naira exchanged at N740/$1 on Tuesday. The exchange rate between the naira and the dollar in the parallel market maintains more than N200

December 27, 2022

Domestic Airplane Ticket Rises By 97.09%, As Inflation, Dollar Rate, Others Bite

Business·Insights

Domestic Airplane Ticket Price Rises By 97.09%, As Inflation, Dollar Rate, Others Bite

The National Bureau of Statistics (NBS) has disclosed in its Transport Fare Watch report for November 2022 that the average cost of domestic airplane tickets in Nigeria rose by 97.09 per cent year-on-year last month. According to the Transport Fare Watch report,

December 27, 2022

Business·Currency·Insights

2022 In Review: How CBN Helped Dollar Speculators Win Big Against Naira

In the year 2022, Naira has had to fight against negative projection, strong dollar speculators, hoarders and the flip-flop policies of the Central Bank of Nigeria (CBN). Judging by the exchange rate as of Wednesday, speculators are still winning. Although the naira

December 22, 2022

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

Business·Currency

Naira Falls In Official Window, Dollar Rate Declines In Black Market

The official market recorded another decline in the value of the naira, as the dollar rate went up by 0.23 per cent at the end of trading on December 21, 2022. According to trading data obtained from FMDQ Securities, the exchange rate

December 22, 2022

Naira Ends Week With N59.71 Gain At Official Market

Business·Currency

Nigerians Pay More For Dollar In Official Market, As Naira Crashes

At the Investors and Exporters (I&E) window of the official market, the exchange rate between the naira and the dollar appreciated to N452.67/$1 on Tuesday. This indicates the naira depreciated by -0.26 per cent when compared to the N451.5/$1 data from the

December 21, 2022

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Dollar rate - Page 7

Bureau De Change Operators Sell One Dollar Below N750

Dollar Rate Drops In Black Market, Rises To N461 In CBN-Backed Channel

Bureau De Change Operators Agree To Sell Dollar At N745, Disagree On Buy Rate

Black Market’s Pound Rate Causing Gains, Loses For Nigerians

BDC Operators Offer To Buy Dollar At N730 To Entice Official Market Traders

Dollar Goes For N740 In Black Market, Maintains N200 Above Official Forex Rate

Domestic Airplane Ticket Price Rises By 97.09%, As Inflation, Dollar Rate, Others Bite

2022 In Review: How CBN Helped Dollar Speculators Win Big Against Naira

Naira Falls In Official Window, Dollar Rate Declines In Black Market

Nigerians Pay More For Dollar In Official Market, As Naira Crashes

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Dollar rate - Page 7

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