CBN’s Initiative Sparks Naira Surge To N837/$1, Boosts Market Confidence
The Nigerian naira on Monday, December 4th, 2023, experienced a surge in value, closing at N837/$1 in the official market.
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Naira Slides To N956/$ As Dollar Supply Dwindles
Amidst a 13.78% plunge from its Wednesday closing rate, the Nigerian naira tumbled to N956 against the US dollar on Thursday, marking a distressing downturn in the forex market. According to data sourced from the FMDQ Securities Exchange, the alarming drop was
Cost Of Dollar Up In Black Market, Euro Sold At Lower Rate
Foreign exchange traders in the black market were offered the dollar at an average rate of N754.5 kobo on Wednesday. Naira Rates, a black market rate aggregator, reported that the price of the United States Dollar (USD)increased by 0.14% or N1.1 kobo
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Naira Rises To N1,500/$ At Official Market
The Nigerian naira has appreciated against the U.S. Dollar for
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