Update on dollar naira rate

Naira Falls To N1,420/$1 At Parallel Market, Traders Cite Increased Demand

Nigerian Naira Falls To N854.61/$1 Amidst Forex Turnover Dip Of 21.45%

In a day of fluctuating fortunes for Nigeria’s currency, the Nigerian naira depreciated against the dollar, closing at N854.61/$1 at the official market on Wednesday, marking a 1.5% drop. Forex turnover also

Emmanuel Ochayi

4 months ago

Business·Currency·Latest News

Naira Drops By 11.39% To Hit N927/$1 In NAFEM, N1165/$1 In Parallel Market

The Nigerian Naira plunged to an unprecedented low on Friday, closing at N927.19/$1 in the official market and hitting N1165/$1 in the parallel market. Financial analysts expressed growing concerns as the domestic currency

Emmanuel Ochayi

5 months ago

Business·Currency·Latest News

Naira Gains To N1120/$1 As Nigerian Govt Aims To Boost Dollar Supply

The Naira experienced a gain of 1.75 percent against the dollar on the parallel market, reaching N1120/$1 on Thursday. This upward movement is attributed to growing optimism surrounding the government’s plans to enhance

Emmanuel Ochayi

6 months ago

Official Market Records Decline In Dollar Rate, Trade Flat In Black Market

Business·Currency·Latest News·World News

Naira Falls To N809/$1 In Official Market, Appreciates 16.8% In Black Market

The Nigerian naira experienced a depreciation, closing at N809.02 per US dollar at the official market on Monday, the 6 of November 2023. This marked a 4.06% increase from the N776.14/$1 rate

Emmanuel Ochayi

6 months ago

Business·Currency·Latest News

Dollar Surges, Naira Drops To N965/$1 In Black Market

In a surprising turn of events, foreign exchange authorized dealers operating in the investors’ and exporters’ (I&E) window exhibited a slight uptick in the exchange rate of the US dollar to N776.60/$1

Emmanuel Ochayi

7 months ago

Forex: Naira Ends Week On Positives Note With N1,431/$ At Official Market

Business·Currency

High Demand Pushes Up Dollar Rate In Official Channel, Naira Gains In Black Market

The FMDQ Exchange disclosed that the official exchange rate between the naira and the dollar rose on Thursday, 19 January 2023, as the local currency closed weak. According to data published by

Fakoyejo Olalekan

1 year ago

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Nigerian Naira Falls To N854.61/$1 Amidst Forex Turnover Dip Of 21.45%

Naira Drops By 11.39% To Hit N927/$1 In NAFEM, N1165/$1 In Parallel Market

Naira Gains To N1120/$1 As Nigerian Govt Aims To Boost Dollar Supply

Naira Falls To N809/$1 In Official Market, Appreciates 16.8% In Black Market

Dollar Surges, Naira Drops To N965/$1 In Black Market

High Demand Pushes Up Dollar Rate In Official Channel, Naira Gains In Black Market

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