Naira to dollar rate – Page 11 of 11

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

Dollar Rate Rises As Naira Note Scarcity Hits Nigerian Banks

The Dollar rate appreciated in the official foreign exchange market on Thursday, 2, February 2023, as Nigerian commercial banks struggle to make Naira available to the public. According to data obtained from

Fakoyejo Olalekan

1 year ago

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

Business·Currency

Dollar Rate Falls By 0.80% In Bureau De Change Window

The exchange rate depreciated in the Bureau De Change window of the black market on Wednesday, 1, February 2023, after the Central Bank of Nigeria (CBN) confirmed banks will continue to receive

Fakoyejo Olalekan

1 year ago

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

Business·Currency

Naira Gains Against Dollar, As Exchange Rate Falls In Black Market, Official Window

The exchange rate between the Naira and the United States Dollar (USD) depreciated on Monday, 30, January, 2023, on the back of a stronger local currency. According to the exchange rate data

Fakoyejo Olalekan

1 year ago

Business·Currency·Insights

How Nigerian Youths, Traders Strengthen Dollar Against Naira, Prospects For 2023

The Naira suffered heavy depreciation against the United States Dollar (USD) in 2022 in the official channel and the Bureau De Change-controlled Black market. Despite some notable policies by the Central Bank

Fakoyejo Olalekan

1 year ago

Business·Currency

Naira Gains Against Dollar On Back Of Increased Interest Rate

Following the increase in Nigeria’s interest rate by the Central Bank of Nigeria (CBN), the exchange rate between the naira and dollar depreciated on Wednesday, 26 January 2023. According to the data

Fakoyejo Olalekan

1 year ago

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

Business·Currency

Black Market’s Dollar Rate Now N288 Higher Than CBN-backed Official Rate

The exchange rate between the naira and the dollar sold at an average of N750/$1 on Wednesday, 25 January 2023, in the black market. In the black market, operated by the Bureau

Fakoyejo Olalekan

1 year ago

Business·Currency

Dollar Rate: Gap Between Official, Black Markets Rises To 61.3%

The dollar rate rose in the Bureau De Change window of the black market on Tuesday, 24 January 2023, as the naira weakened by -1.07 per cent. It was learnt that the

Fakoyejo Olalekan

1 year ago

Business·Currency

High Demand Pushes Up Dollar Rate In Official Channel, Naira Gains In Black Market

The FMDQ Exchange disclosed that the official exchange rate between the naira and the dollar rose on Thursday, 19 January 2023, as the local currency closed weak. According to data published by

Fakoyejo Olalekan

1 year ago

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

Business·Currency

Dollar Rate Rises As CBN Finds It Difficult To Supply Forex

The naira couldn’t hold its ground against the dollar on Friday, 13 January 2023, depreciating in value by 0.16 per cent, data from the FMDQ Exchange has shown. According to the data

Fakoyejo Olalekan

1 year ago

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Naira to dollar rate - Page 11

Dollar Rate Rises As Naira Note Scarcity Hits Nigerian Banks

Dollar Rate Falls By 0.80% In Bureau De Change Window

Naira Gains Against Dollar, As Exchange Rate Falls In Black Market, Official Window

How Nigerian Youths, Traders Strengthen Dollar Against Naira, Prospects For 2023

Naira Gains Against Dollar On Back Of Increased Interest Rate

Black Market’s Dollar Rate Now N288 Higher Than CBN-backed Official Rate

Dollar Rate: Gap Between Official, Black Markets Rises To 61.3%

High Demand Pushes Up Dollar Rate In Official Channel, Naira Gains In Black Market

Dollar Rate Rises As CBN Finds It Difficult To Supply Forex

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