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Official market - Page 2

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

Black Market Dollar Rate Now N291.75kobo Above Official Market, Pound Hits N950

The gap between the black market and the official window in the foreign exchange (Forex) market is ₦291.75 kobo according to the Forex data obtained by Prime Business Africa on Wednesday, 19 April 2023. According to Bureau De Change operators who spoke

April 19, 2023

Naira Ends Week With Marginal Gain Against Dollar

Business·Currency

Dollar Falls To Naira, Forex Supply Drops Significantly

The Naira fought back against the Dollar on Monday, 17 April 2023, gaining 0.37 per cent in value, as the cost of the United States currency dropped by ₦1.75 kobo in the official market. At the end of trading on Monday, the

April 18, 2023

Naira Opens Week With Gain Across FX Markets

Business·Currency

Exchange Rate Falls In Official Market, As Dollar Loses Value

The Naira appreciated in value on Tuesday, 11 April 2023, as the cost of buying a Dollar in the official foreign exchange market fell by N0.35 kobo. According to FMDQ Exchange data, the Naira appreciated by 0.07 per cent to close at

April 12, 2023

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

Business·Currency

Dollar Rate Falls, As Naira Faces Devaluation Pressure

FMDQ Exchange, the platform that tracks the official foreign exchange (Forex) rate between the Naira and the Dollar has disclosed that the forex rate fell to N463.25/$1 on Thursday, 6 April 2023. The exchange rate had closed at N463.50/$1 after the previous

April 7, 2023

Naira Appreciates To N869/$1 As Experts Debate Stability

Business·Currency

Dollar Rate Rises By N0.45 kobo, As Naira Devaluation Continues

On Wednesday, 5 April 2023, the Dollar rate closed trading at N463.75 kobo, as the Naira depreciated in value by –0.09 per cent in the official market. According to data obtained from FMDQ Exchange, the cost of dollars in the official market

April 6, 2023

Business·Currency

Dollar Rate Up In Official Market, As Naira Drops In Value

The exchange rate between the Naira and Dollar settled at N463.50/$1 on Monday, 3 March 2023, as the Nigerian currency depreciated in value by 0.45 per cent in the official market. Prime Business Africa learnt that the Naira to Dollar rate closed

April 4, 2023

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

Business·Currency

Dollar Rate Rises, CBN Fines Stanbic IBTC Over Export Proceeds

The foreign exchange rate between the Naira and the United States Dollar (USD) closed at N461.50 in the official market on Thursday, 30 March 2023. Prime Business Africa learnt that the day before, both currencies exchanged at a rate of N461.24 kobo.

March 31, 2023

Business·Currency

Dollar To Naira Rate Hits N461.50kobo In Official Market, Drops In Black Market

The United States Dollar appreciated against the Nigerian currency, Naira, on Monday, 27 March 2023, as the exchange rate closed at N461.50 kobo in the official market. Both currencies had exchanged for N461.33 kobo/$1 last week Friday. This indicates the Naira weakened

March 28, 2023

Business·Currency

Dollar Sells At N461.67 Amid Various CBN Policies To Combat Forex Scarcity

The value of foreign exchange (Forex or FX) transacted in the Investors’ and Exporters’ window of the official market fell on Thursday, 23 March 2023. Prime Business Africa learnt from data obtained from FMDQ Exchange that foreign exchange supply in the official

March 24, 2023

Business·Currency

Naira Regains Some Value Lost To Dollar, Forex Traders Raise Transaction Volume

On Wednesday, 22 March 2023, the Naira regained some value lost to the United States Dollar (USD), after appreciating by –0.10 per cent in the official market. This means the cost of buying one Dollar fell by N0.5 kobo at the end

March 23, 2023

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Official market - Page 2

Black Market Dollar Rate Now N291.75kobo Above Official Market, Pound Hits N950

Dollar Falls To Naira, Forex Supply Drops Significantly

Exchange Rate Falls In Official Market, As Dollar Loses Value

Dollar Rate Falls, As Naira Faces Devaluation Pressure

Dollar Rate Rises By N0.45 kobo, As Naira Devaluation Continues

Dollar Rate Up In Official Market, As Naira Drops In Value

Dollar Rate Rises, CBN Fines Stanbic IBTC Over Export Proceeds

Dollar To Naira Rate Hits N461.50kobo In Official Market, Drops In Black Market

Dollar Sells At N461.67 Amid Various CBN Policies To Combat Forex Scarcity

Naira Regains Some Value Lost To Dollar, Forex Traders Raise Transaction Volume

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