BY EMMANUEL OLUKOTUN The naira strengthened further in the parallel market on Monday, appreciating to N1,527/$1, the highest so far in a month. This is an… Read More »Naira rises to N1,527 against $1 in parallel market
BY EMMANUEL OLUKOTUN The Naira fell to its weakest level in more than a week on the parallel market on Tuesday, trading at N1,565/$1. This… Read More »Naira slides to N1,565 per dollar on parallel market
Barely one month after the Central Bank of Nigeria banned the sale of foreign exchange to Bureaux De Change (BDC) dealers, the Naira has been… Read More »CBN must focus on stimulating forex inflows rather than managing demand – Ex-LCCI DG
The Nigerian Naira on Thursday exchanged at N530 per dollar in the parallel market. This is according to data provided by abokiFX. The Naira has… Read More »Naira continues to lose value at 530 per dollar
The naira is appreciating on the NAFEX I&E window just as it takes a nosedive on the parallel market. Following the Central Bank of Nigeria’s… Read More »Naira appreciates on NAFEX window as it crashes in parallel market
The Central Bank of Nigeria’s formal adoption of the NAFEX exchange rate has triggered further drop in the value of the naira against the dollar… Read More »CBN adoption of NAFEX rate triggers significant naira fall at parallel market
Nigerian Naira appreciated on the parallel market on Monday afternoon. After exchanging for N485 per dollar last week and on Monday morning, the currency appreciated… Read More »Naira Appreciates By N3 In Parallel Market
The naira lost by N1 to the dollar on Monday in the parallel market. Although the market opened with the exchange rate of N485 per… Read More »Naira Loses To Dollar In Parallel Market
The Naira fell to N494 per dollar in the parallel market on Thursday, after its crashed on Wednesday from 483/dollar to 487/dollar. According to abokiFX,… Read More »Naira In Free Fall, Sinks To 494 Against Dollar
The Naira has weakened against the dollar by N10 in the parallel market since the beginning of the week. On Friday it fell to 480/dollar… Read More »Naira Falls By N10, Drops To 480/Dollar
In what has now become a trend, the Naira has crashed again against the dollar in the parallel market, selling at 478/dollar on Thursday. The… Read More »Naira Weakens To 478/Dollar
The Naira has continued to fall against the dollar trading in the parallel market at 475/dollar on Monday as opposed to the weekend closing rate… Read More »Naira Continues To Fall In Forex Market
Although business owners in Nigeria predicted that the Naira will gain on the dollar in the fourth quarter of 2020 despite the downturn in the… Read More »Naira Continues Downward Slide At Parallel Market
The Naira has continued to fall against the dollar in the parallel market. On Thursday afternoon, it dropped to 467/dollar. On Wednesday it was 466/dollar… Read More »Naira Falls To 467 Against Dollar
The Naira has remained stable against the dollar at the parallel market with the Nigerian currency closing at 464/dollar on Monday. Although on November 5,… Read More »Naira Remains Stable At 464 To Dollar
The Naira has continued to fall against the dollar at the parallel market with the Nigerian currency falling to 464/dollar on Wednesday. For the naira,… Read More »Naira Falls To 464 Against Dollar At Parallel Market
The naira has remained stable against the dollars for five days in a row at the parallel market from October 8 to October 12. According… Read More »Naira Stabilises In Forex Market
