naira/dollar exchange

Naira falls to N1,035/$ official rate, N1,230 at black market

Naira falls to N1,035/$ official rate, N1,230 at black market Naira has dropped to N1035.12 per dollar at the official…

12 months ago

FG to clear $6.7bn demand by December, crack down on illegal currency traders

FG to clear $6.7bn demand by December, crack down on illegal currency traders   The Federal Government is targeting end…

1 year ago

Naira gains after CBN announced intervention plan

Naira gains after CBN announced intervention plan The naira appreciated against the dollar at the parallel market on Tuesday, exchanging…

1 year ago

As dollar hits N707, banks stop PTA/BTA cash payments

Commercial banks have commenced card-based dollar disbursements and directed travellers in need of dollars for Personal Travel Allowance (PTA) and…

2 years ago

Naira drops to N607/$ at parallel market

The naira has again dropped in value against the dollar at the parallel segment of the foreign exchange market. According…

3 years ago

Updated: Concern mounts as naira falls to ₦550 per dollar

The naira has continued its free fall against the United States dollar and other major currencies as it traded between…

3 years ago

Naira sells at N490/$1 on black market

Barely four days after the Central Bank of Nigeria adopted an autonomous foreign exchange (NAFEX) rate, naira value has depreciated…

4 years ago

Naira exchanges for 480/$ at parallel market

The naira exchanged to the dollar at the rate of 480/$ at the parallel market on Friday according to the…

4 years ago

$36.4b foreign reserves keep naira stable at N480/$

Nigeria’s currency, the naira, has stayed stable at the official and parallel markets, with the foreign exchange (forex) reserves standing…

4 years ago