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Naira to dollar rate - Page 4

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

Naira Ends Week With N59.71 Gain At Official Market

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

Gap Between Black Market, Official Window Dollar Rates Now N275.33

The gap between the foreign exchange rates for the Naira and the Dollar in the black market and the official window stood at N275.33 kobo on Tuesday, 16 May. Prime Business Africa gathered that the Dollar exchanged at N740/$1 in the black market,

May 17, 2023

Business News·Currency

Nigeria’s Official Foreign Exchange Rate Depreciates, Traders Transact $55.10 million

The value of the Naira decreased slightly by 0.36 per cent on Monday, 15 May, with the cost of a Dollar inching higher by N1.67 kobo. This is according to the FMDQ Exchange which disclosed that the rate to exchange the Naira

May 16, 2023

Business News·Currency

Black Market Operators Buy Dollar At N738, Pound N920, As Official Market Rate Drops

The Dollar was offered to traders in the official market at the rate of N462.33/$1 by the close of business on Friday, 12 May. This is lower than the N462.73/$1 investors and exporters bought the United States Dollar last week Thursday, 11

May 15, 2023

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

Business News·Currency

Traders Pay More For Forex As Dollar Rate Rises In Official, Black Markets

The Dollar was sold at N462.73 kobo on the official foreign exchange market and N745/$1 in the black market on Thursday, 11 May. Traders saw the Naira they exchanged for the Dollar depreciate by 0.06 per cent in value, as the price

May 12, 2023

Business News·Currency

Naira Falls To Dollar, As Exchange Rate Hits N463.02/$1

The official market ended foreign exchange (forex) trading on Wednesday, 10 May, at N463.02/$1, as the Dollar rate increased by N0.77 kobo. This contrasted with the N462.25 kobo/$1 foreign exchange rate FMDQ Exchange reported at the close of trading the previous day. FMDQ

May 11, 2023

Business News·Currency

Investors, Exporters Buy Dollar At N462.25, USD Crunch Affect Forex Supply

Traders in the official market exchanged the Naira for Dollar at N462.25 kobo/$1 at the end of the session on Tuesday, 10 May. Although during trading, investors and exporters exchanged the United States currency at a high of N466/$1 and a low

May 10, 2023

Business News·Currency

Dollar Remains Strong Against Naira As Dangote Refinery Set To Free Up Forex

The exchange rate between the Naira and the Dollar settled at ₦462.78/$1 on Monday, 8 May, in the official market, which is backed by the Central Bank of Nigeria (CBN). At the end of trading, the United States currency increased in value

May 9, 2023

Business News·Currency

Naira To Dollar Rate Closes At N462.23, Foreign Exchange Supply Up By $19.86 million

The Naira and Dollar exchange rate settled at ₦462.23 kobo/$1 at the close of business in the official market on Friday, 5 May 2023. This represents a 0.14 per cent increase in the value of the Naira and ₦0.65 kobo drop in

May 8, 2023

Business News·Currency

Dollar Weakens As Tinubu Eyes New Exchange Rate For Traders, Investors

The Dollar shed some value to the Naira on Thursday, 4 May, resulting in the Nigerian currency rising by 0.02 per cent, while the cost of the greenback dropped by N0.12 kobo. Prime Business Africa learnt that the Naira to Dollar rate

May 5, 2023

Business News·Currency

Dollar Rate Increases After $1.58 billion Drop In Foreign Reserves

At the end of trading in the foreign exchange (forex) official market on Wednesday, 3 May, the Naira slumped to the Dollar, as the forex rate closed at ₦463/$1. The Naira failed to hold on to the gain recorded on Tuesday, 2

May 4, 2023

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Naira to dollar rate - Page 4

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