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naira to dollar exchange rate

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 1st July 2025

Naira Ends Week Positively, Inches Closer To Below ₦1,000/$1 Exchange Rate

Nigeria’s local currency, the naira, has continued to sustain its appreciation, ending the week on a positive note as it marches closer to below ₦1,000 mark in both parallel and official windows of the foreign exchange market. According to the Nigeria Autonomous

April 13, 2024

Naira Falls To ₦1,530/$ At Official Market After Public Holiday

Business·Currency

Naira Depreciation Sparks Surge In Dollar Savings As BDC Seeks Central Bank Review

Bureau De Change operators sounded the alarm as Nigerians flock to keep their savings in US dollars amid concerns over the eroding value of the naira.

January 18, 2024

Currency·News

Naira Devaluation Has Caused ‘Japa’ Tsunami Among Lecturers – UNILAG VC

The Vice-Chancellor of the University of Lagos, Prof. Folashade Ogunsola, has disclosed that the exchange rate of the naira to the dollar has so devalued the salaries of university workers that most of them have embarked on mass exodus abroad in search

December 24, 2023

Naira Appreciates, Ends Week Positive Across Official, Black Markets

Business·Currency·News

Naira Weakens To N885.88/$1, Stirring Christmas Spending Concerns

The Nigerian naira faced a 2.71% depreciation against the dollar on Friday, closing at N885.88/$1. The situation, compounded by a 22% reduction in forex turnover to $92.16 million, has sparked worries about potential impacts on the imminent Christmas holiday. Addressing the unfolding

December 23, 2023

Business·Currency·News

Naira Appreciates To N831/$1 In Official Market Amid CBN’s FX Initiative

The Nigerian naira witnessed a 6.06% appreciation against the dollar, closing at N831.47 on Wednesday at the official market. This upturn follows the Central Bank of Nigeria’s (CBN) move to address the FX backlog, fostering renewed optimism among experts and investors. Yemi

November 30, 2023

Forex Transactions Decline By $89.61 Million As Dollar Rate Surges

Business·News

Dollar Scarcity In Africa Deepens Economic Woes, Prompting Drastic Measures

Bloomberg report highlights the intensifying dollar shortage across Africa, exacerbating economic crises in beleaguered nations.

November 20, 2023

Business

Naira To Strengthen Further As Dangote Industries Repatriates $688m From African Operations

Dangote Industries Limited (DIL) on Sunday announced its repatriation of over $687.98 million, including $576 million through Nigerian banks and a $111.97 million cash swap with Ethiopian Airlines.

November 6, 2023

Naira Appreciates At Official Market As Dollar Supply Rises On Friday

Business·Currency

Official Dollar Rate Drops To A Low Of N465, BDC USD Price Rises

In the Investors’ and Exporters’ window of the official market on Friday, the dollar was traded as low as N465/$1 and as high as N799.50/$1. However, the dollar depreciated by N7.16 kobo or 0.93 per cent at the end of trading, considering

July 31, 2023

Naira Ends Week With Marginal Gain Against Dollar

Business·Currency

One Dollar Costs N760 In Black Market, USD Rises In Official Market

The average rate of the dollar in the black market increased by N1.2 kobo or 0.15% on Wednesday, 21 June, to N760.3/$1, from the previous day’s N759.1/$1. However, the pound rate depreciated to N983.4/£1, having gone for N987/£1 rate during trading the

June 22, 2023

Naira Ends Week With N59.71 Gain At Official Market

Business·Currency

Black Market’s Dollar, Euro And Pound Rates Rise, USD Drops By N39 In Official Market

In the Bureau De Change window of the black market, the cost of the dollar, euro and the British pound increased on Friday, as the value of the naira fell. According to Naira Rates, a parallel rate aggregator, the average price the

June 19, 2023

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naira to dollar exchange rate

Naira Ends Week Positively, Inches Closer To Below ₦1,000/$1 Exchange Rate

Naira Depreciation Sparks Surge In Dollar Savings As BDC Seeks Central Bank Review

Naira Devaluation Has Caused ‘Japa’ Tsunami Among Lecturers – UNILAG VC

Naira Weakens To N885.88/$1, Stirring Christmas Spending Concerns

Naira Appreciates To N831/$1 In Official Market Amid CBN’s FX Initiative

Dollar Scarcity In Africa Deepens Economic Woes, Prompting Drastic Measures

Naira To Strengthen Further As Dangote Industries Repatriates $688m From African Operations

Official Dollar Rate Drops To A Low Of N465, BDC USD Price Rises

One Dollar Costs N760 In Black Market, USD Rises In Official Market

Black Market’s Dollar, Euro And Pound Rates Rise, USD Drops By N39 In Official Market

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