Official market Dollar rate – Page 3 of 3

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

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

Fakoyejo Olalekan

11 months ago

Business·Currency

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

Fakoyejo Olalekan

11 months ago

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

Business·Currency

Dollar Gains Against Naira, As Foreign Exchange Traders Await CBN’s MPC Decision

On Tuesday, 23 May, the United States Dollar was sold to investors and exporters in the official market at the rate of N464.42 kobo/$1. They were sold the American greenback at N0.92

Fakoyejo Olalekan

12 months ago

Business·Currency

Black Market Naira To Dollar Rate Falls, USD Cost Rises In Official Market

The Naira to Dollar rate closed Monday’s official foreign exchange market at N463.5 kobo/$1, with the Nigerian currency depreciating by 0.10 per cent. Investors and exporters were offered the Dollar at N0.5

Fakoyejo Olalekan

12 months ago

Business·Currency

Investors, Exporters Buy Dollars At Lower Rate, As Naira Value Rises

In the official market on Thursday, 19 May, traders saw the foreign exchange (Forex) rate between the Naira and the Dollar end at N463/$1. This contrasted with the N465.13/$1 both currencies traded

Fakoyejo Olalekan

12 months ago

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Official market Dollar rate - Page 3

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

Cost Of Dollar Up In Black Market, Euro Sold At Lower Rate

Dollar Gains Against Naira, As Foreign Exchange Traders Await CBN’s MPC Decision

Black Market Naira To Dollar Rate Falls, USD Cost Rises In Official Market

Investors, Exporters Buy Dollars At Lower Rate, As Naira Value Rises

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