Official market rate

Naira Ends Week With Marginal Gain Against Dollar

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

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 the end of trading in the I&E window of the

August 8, 2023

Naira Ends Week With N59.71 Gain At Official Market

Business·Currency

Black Market Dollar Rate Rises, Naira Gains Against USD In Official Market

The exchange rate for the Naira to Dollar transaction was N760.87 kobo/$1 in the Bureau De Change window of the black market earlier on Thursday, 25 May 2023. On Wednesday, foreign exchange traders bought the United States Dollar at N756.85 rate, which

May 25, 2023

Naira Opens Week With Gain Across FX Markets

Business·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

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

Business·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·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

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

Business·Currency

Naira to Dollar Rate Today: Dollar Rate Rises In CBN-Backed Forex Market

The foreign exchange (Forex) rate in the official market settled at ₦464 per Dollar on Friday, 14 April 2023, as the United States currency increased in value. Prime Business Africa learnt from data obtained from the FMDQ Exchange that the cost of

April 17, 2023

Naira Appreciates To N869/$1 As Experts Debate Stability

Business·Currency

Dollar Rate Falls, As Two Governors Disagree Over CBN’s Cash Withdrawal Limit

On Monday, the naira finally gained against the United States dollar (USD) in the official exchange market, after four days of depreciation in the value of the Nigerian currency. At the end of business hours on December 12, the exchange rate between

December 13, 2022

Cookie	Duration	Description
cookielawinfo-checbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

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

Black Market Dollar Rate Rises, Naira Gains Against USD In Official Market

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

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

Dollar Rate Increases After $1.58 billion Drop In Foreign Reserves

Naira to Dollar Rate Today: Dollar Rate Rises In CBN-Backed Forex Market

Dollar Rate Falls, As Two Governors Disagree Over CBN’s Cash Withdrawal Limit

Featured Stories

Trump Threatens to Cut U.S. Aid to Nigeria, Military Action Over Killings of Christians

ICRC President Says World Leaders Must Act to End Killing in Sudan

Arab Bank, DCO Agree on Framework for Cooperation on Inclusive, Sustainable Digital Economies

Security Forces Intensify Manhunt for Abducted Kebbi Deputy Speaker

Whatsapp Channel

Latest News

Federal Government Unveils Sweeping Tax Reliefs to Ease Burden on Workers, Small Businesses

North Korea’s Former Ceremonial Head of State Kim Yong Dies at 97

Woodhall Capital Targets $50 Billion to Accelerate Nigeria’s Development

Obi Urges Diplomatic Engagement as U.S. Declares Nigeria ‘Country of Particular Concern’

Investors Reposition As US-China Trade Deal Nears Completion

‘With No More Fed Cuts This Year, US Risks Stagflation’

INNOVATION SERIES: How Optiva Capital Partners Unlocks Global Opportunities in Africa’s Investment Immigration Revolution – Franklin Nechi

Silver Slides as Investors Lock in Profits Amid Receding Fears

Federal Government Unveils Sweeping Tax Reliefs to Ease Burden on Workers, Small Businesses

Suggestions

Official market rate

Featured Stories

Follow Us

Whatsapp Channel

Latest News