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Naira to dollar rate - Page 2

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

CBN-backed Official Window Record Increase In Dollar Rate, USD Falls In Black Market

September 1, 2023

The price of the United States currency, the dollar, was increased by N24.53 kobo in the Investors’ and Exporters’ window of the official market on Thursday. In a report obtained from the

Business News·Currency

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

August 31, 2023

The FMDQ Exchange reported on Wednesday that the price of the United States Dollar (USD) dropped by N37.16 kobo to N738.18/$1 in the Investors’ and Exporters’ window. It was learnt that the

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

Business News·Currency

Official Window, Black Market Dollar Rates Rise As Naira Depreciates

August 30, 2023

On Tuesday, the naira dropped in value by 0.41 per cent, as the exchange rate to the dollar settled at N775.34/$1 in the Investors’ and Exporters’ window of the official market. The

Business News·Currency

Authorised Dealers Increase Dollar Rates In Black Market, Official Window

August 29, 2023

The official market aggregator, FMDQ Exchange, reported that the naira to dollar exchange rate closed at N772.12/$1 in the Investors’ and Exporters’ (I&E) window of the official market on Monday. According to

Business News·Currency

Dollar Sells At N778/$1 In CBN-backed Official Window, Stabilises In Black Market

August 28, 2023

In the Investors’ and Exporters’ window of the official market on Friday, the United States Dollar (USD) rate closed at N778.42/$1, up from N771.69/$1 reported on Thursday. This is according to the

Business News·Currency

Black Market, Official Window Forex Dealers Drop Dollar Rate

August 25, 2023

Authorised dealers and their clients traded the dollar at the rate of N771.69/$1 at the close of trading in the Investors’ and Exporters’ (I&E) window of the official market on Thursday. This

Business News·Currency

Black Market, Official Window Dollar Rates’ Gap Widens To N127 After BDCs Hike USD Price

August 24, 2023

Foreign exchange traders recorded a slight increase in the price of the United States Dollar (USD) in the official market on Wednesday, as the rate rose to N773.42/$1 from N770.72/$1 rate. However,

Business News·Currency

Dollar Crashes In Black Market, Maintains Increase In Official Window

August 23, 2023

FMDQ Exchange reported on Tuesday that the rate of the United States Dollar (USD) increased by N9.2 kobo in the Investors’ and Exporters’ window of the official market. Prime Business Africa learnt

Business News

Black Market Dollar Rate Hits N874/$1, Official Window Rate Rises

August 22, 2023

The naira depreciated in value by 2.94 per cent in the Investors’ and Exporters’ window after the dollar rate rose to N761.32/$1 at the close of trading on Monday. It was learnt that the

Business News·Currency

Dollar Rate Up In Official Window, Hits N874/$1 In Black Market

August 22, 2023

The naira depreciated in value by 2.94 per cent in the Investors’ and Exporters’ window after the dollar rate rose to N761.32/$1 at the close of trading on Monday. It was learnt that the

Business News·Currency

Dollar, Pound, Euro Rates Slump After CBN Lifts Ban On Black Market

August 21, 2023

The naira increased in value after trading closed on Friday in the official market, appreciating by 0.15 per cent, as the United States Dollar (USD) ended trading at the rate of N739.52/$1.

Business News·Currency

Naira Gains, As Dollar Rates Drop In Official Window, Black Market

August 18, 2023

The value of the United States Dollar depreciated by N19.19 kobo or 2.52 per cent on Thursday to N740.67/$1, from the preceding day’s N759.86/$1. This was according to the data obtained from

Business News·Currency

Dollar Falls In Official Window, Black Market USD Rate Drops To N910

August 17, 2023

Investors and exporters saw the value of the United States Dollar (USD) drop to N759.86/$1 in the official market on Wednesday, as the naira appreciated by 1.92 per cent. The authorised dealers

Business News

Authorised Dealers Increase Price Of Dollars

August 16, 2023

The authorised dealers in the official market sold the United States Dollar (USD) at the rate of N774.77/$1 at the end of trading on Tuesday. According to data released by the FMDQ

Business News·Currency

Dollar Continues To Fluctuate, Pound, Euro Fall To Naira

August 15, 2023

The exchange rate between the naira and the dollar continues to fluctuate in the official market, as both currencies ended trading at N744.41/$1 on Monday. Prime Business Africa learnt that the price

Naira Appreciates To N869/$1 As Experts Debate Stability

Business News·Currency

Naira Appreciates Against Dollar In Official Window, USD Up In Parallel Market

August 14, 2023

The dollar rate in the Investors’ and Exporters’ window of the official market closed at N740.60/$1 on Friday, the FMDQ Exchange disclosed. According to a report obtained, the value of the naira

Business News·Currency

Gap Between Black Market, Official Window Dollar Rates Hits N120.56

August 11, 2023

On Thursday, data from the official window and the black channel showed that the gap between the two markets’ rates is now N120.56 kobo. According to Naira Rates, a parallel market aggregator,

Business News·Currency

Dollar Rate Hits N782 In Official Window, N891 In Black Markets

August 10, 2023

In the Investors’ and Exporters’ window of the official market, the naira to dollar rate settled at N782.38/$1 at the end of trading on Wednesday. The naira depreciated in value by 3.28

Business News·Currency

Black Market Dollar Rate Rises, Official USD Hits N757.51

August 9, 2023

The official market exchange rate between the dollar and the naira closed at N757.51/$1 on Tuesday, as the Nigerian currency appreciated by 2.22 per cent. This indicates the price for the United

Business News·Currency

Dollar Trades As Low As N475/$1 In Official Market, Stabilises In Black Market

August 8, 2023

Authorised dealers in the investors’ and exporters’ window on Monday increased the asking price of the United States Dollar to N774.78/$1. Investors and exporters saw the price rise by N31.71 kobo at

Business News·Currency

CBN-backed I&E Window Reduces Dollar Rate, Black Market Sellers Hike Price

August 7, 2023

The price of the United States Dollar was reduced by N33.43 kobo at the end of trading in the official market on Friday, as it closed at N743.07/$1. Prime Business Africa gathered

Business News·Currency

Dollar Sells At N776/$1 In I&E window, USD Price Changes In Black Market

August 4, 2023

Investors’ and exporters’ window recorded N776.50/$1 as the closing exchange rate between the naira and the United States Dollar on Thursday. The exchange rate between both currencies was raised by N34.86 kobo

Business News·Currency

Dollar Rate Falls To N741/$1, Trades Above N800 In Black Market

August 3, 2023

The dollar rate in the official market depreciated by N47.44 kobo to N741.64/$1 on Wednesday, from the previous day’s N789.08/$1 rate. According to FMDQ Exchange, the dollar also went on sale for

Business News·Currency

Official, Black Markets’ Forex Dealers Increase Dollar Rate

August 2, 2023

In the investors’ and exporters’ window on Tuesday, the authorised dealers closed foreign exchange trading with N789.08/$1 rate. The authorised dealers increased the price of the dollar from N756.94/$1 rate offered on

Business News·Currency

Black Market, Official Dollar Rates Fall, Tinubu Defends Naira Devaluation

August 1, 2023

The official foreign exchange authorised dealers dropped the price of the dollar by N18.82 kobo at the close of trading on Monday. According to the FMDQ Exchange, the official naira to dollar

Business News·Currency

Authorised Dealers Increase Dollar Rate In I&E Window, Black Market’s USD Now N859

July 28, 2023

On Thursday, traders in the Investors’ and Exporters’ window recorded an increase of N28.52 kobo in the cost of the United States Dollar (USD). Although the authorised dealers demanded between N869/$1 and

Business News

Tinubu Never Promised To Reduce Dollar Rate To N200 – Lawmaker Says

July 27, 2023

A member of the House of Representatives, Lawan Ali, said President Bola Tinubu didn’t promise to bring the dollar rate down to N200/$1. Ali, in a statement on Wednesday during the lower

Business News·Currency

Dollar Rate Drops In CBN-backed Official Channel, Up In Black Market

July 26, 2023

The dollar rate dropped in the Investors’ and Exporters’ window to N791.42/$1 on Tuesday, 25 July, from N792.04/$1 reported on Monday. According to the FMDQ Exchange, the N0.62 kobo increase in the price

Business News·Currency

Naira To Dollar Rate Hits N792/$1, Black Market Price Up N23

July 25, 2023

The naira to dollar rate traded as high as N855/$1 on Monday, and as low as N650/$1 in the Investors’ and Exporters’ window of the official market. However, at the close of

Business News·Currency

Dollar Sold As High As N855 In Official Forex Market

July 24, 2023

The official market dollar rate was up by N9.82 kobo on Friday as FMDQ Exchange reported it ended trading at N777.82/$1. Prime Business Africa had reported that the naira exchanged for the

Business News·Currency

Dollar Rate Down N26 In Official Market, Black Market Price Rises

The cost of the United States Dollar (USD) in the official market was reduced by N26.13 kobo on Wednesday, June 5, FMDQ Exchange reports. As stated by the official market foreign exchange aggregator, the decrease pushed the dollar rate to N742.31/$1, against

July 6, 2023

Business News·Currency

Black Market Dollar Rate Slightly Surpasses Official Window Price

On Tuesday, the dollar cost more in the black market than in the official market, according to aggregators of both foreign exchange channels. In the Bureau De Change window of the black market, the dollar was offered for sale at an average

July 5, 2023

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

Business News·Currency

Prices Of Dollar, Pound, Euro Fall In Black Market, USD Sells At N769 In Official Window

The price of the United States Dollar dropped slightly by N2.3 kobo or 0.3 per cent in the Bureau De Change window of the black market on Friday. Prime Business Africa gathered that the average rate of the USD offered by the

July 3, 2023

Business News·Currency

Dollar Sells Above N760 In Official, Black Markets, BDC Increases Euro, Pound Rates

The dollar rates in the investors’ and exporters’ window of the official market and that of the Bureau De Change (BDC) window in the black market continue to converge. At the close of trading on Monday, 26 June, the dollar was sold

June 27, 2023

Business News·Currency

BDC Operators, Official Market Increase Dollar, Pound And Euro Rates

The foreign exchange rates rose across the official market and the black market on Thursday, according to reports from the FMDQ Exchange and Naira Rates. Data obtained from FMDQ Exchange, the official market aggregator, showed that the naira to dollar exchange rate

June 23, 2023

Business News·Currency

Naira To Dollar Rate Fall To N756 In Official Market, Increases In Black Market

The naira to dollar rate closed at N756.61/$1 in the investors’ and exporters’ window of the official market on Tuesday, 19 June. Prime Business Africa learnt from the FMDQ Exchange that the price of the dollar depreciated by N13.77 kobo or 1.78%

June 21, 2023

Business News·Currency

Dollar Rate Rises To N770/$1 In Official Market, Trade At N757 In Black Market

The official market has turned the tide against the black market, as the gap between both foreign exchange channels is N12.98 kobo, as of Monday, 19 June 2023. Prime Business Africa notes that the official market rate closed above that of the

June 20, 2023

Business News·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

Business News·Currency

Official Market Traders Increase Dollar Rate To N702, Black Market USD, Pound Rates Drop

The official market dollar rate ended Thursday’s trading with N702.19/$1, up from the N664.04/$1 reported during the previous day’s session. According to the analysis of the official dollar rate provided by FMDQ Exchange, authorised dealers increased the cost of the United States

June 16, 2023

Business News·Currency

Black Market And Official Dollar Rates’ Gap Drop By 66% To N96

On Wednesday, foreign exchange investors and exporters in the official and black markets saw the gap between both markets’ dollar rates shrink by 66.6%. This represents a reduction of N192.37, as the gap reduced from N288.63 kobo recorded on Tuesday, to N96.26

June 15, 2023

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