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Official market - Page 8

Naira Opens Week With Gain Across FX Markets

Dollar Rate Falls In Black Market, As Naira Prepares For Highest Devaluation

The exchange rate between the naira and the dollar fell in the black market on Wednesday, as the Nigerian currency appreciates by 1.25 per cent. This represents a N10 loss in the Dollar naira rate at the parallel market, with the Bureau

November 17, 2022

Obi, Atiku, Tinubu's Economic Plans To Create Highest Naira Devaluation

Business·Insights

Obi, Atiku, Tinubu’s Economic Plans Still Prone To Naira Devaluation

Next year, Nigeria’s currency, the Naira, will record its highest devaluation in recent years, ushering the country into a single foreign exchange market after years of operating a multiple exchange rate regime. Prime Business Africa drew this conclusion from the political tone

November 17, 2022

Business·Currency

Dollar Rate Rises By N100 In Black Market, As Naira Ends Gain

The naira couldn’t hold on to the gains of last week, as the dollar rate increased by N100 in the black market, representing -17.6 per cent decline in the value of the Nigerian currency, on Monday. It was learnt that the dollar

November 14, 2022

Naira Ends Week With Marginal Gain Against Dollar

Business·Currency

Dollar Trades For N445.67 In Official Market, Black Market Offers USD At N850

The naira appreciated by 0.09 per cent against the dollar on Wednesday in the official foreign exchange market backed by the Central Bank of Nigeria (CBN). Data obtained from the FMDQ Exchange disclosed that the exchange rate between the naira and dollar

November 10, 2022

Business·Currency

Bureau De Change Operators Sell Dollar At N900, As Scarcity Affects Nigerians

The naira and dollar exchange rate traded flat on Monday in the official foreign exchange market of the Investors and Exporters window. Data obtained showed that the naira maintained stability against the United States’ currency at N445.50 kobo/$1. This was the rate

November 8, 2022

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Official market - Page 8

Dollar Rate Falls In Black Market, As Naira Prepares For Highest Devaluation

Obi, Atiku, Tinubu’s Economic Plans Still Prone To Naira Devaluation

Dollar Rate Rises By N100 In Black Market, As Naira Ends Gain

Dollar Trades For N445.67 In Official Market, Black Market Offers USD At N850

Bureau De Change Operators Sell Dollar At N900, As Scarcity Affects Nigerians

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Official market - Page 8

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