Naira’s Winning-streak Continues As Value Rises To N1,382/$1 At Official Market
Nigeria’s currency, the naira has continued to rise in value, trading at N1.382.95/$1 at the official market on Tuesday, 26 March 2024.
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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
Naira Recovery Knocks Down Dollar Rate In Official Market
Dollar rate in official market was down on Tuesday, 2 May 2023, with the Naira recovering from drop reported on Friday, 28 April. Due to the Workers’ Day public holiday on Monday, 1 May, the official market was closed, hence, no foreign
Dollar Rate Up 47% Since CBN Banned Forex Sales To Black Market Sellers
The foreign exchange (forex) rate between the Naira and the Dollar has increased by 47 per cent since the Central Bank of Nigeria (CBN) banned the sales of FX to the black market. This represents N245 increase in the price offered by
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