The Naira extended losses against the U.S. dollar at the parallel market on Thursday by 0.40 per cent to N530 per $1. It also weakened significantly at the official market. Data posted on the FMDQ Security...
Naira recorded a marginal appreciation against the U.S. dollar at both the official and unofficial market windows of the forex market on Tuesday after hitting an all-time low at the black market segment on Monday. According...
The naira on Monday weakened to new low of N527 to dollar in the parallel market; a N3 depreciation from N524 to dollar it closed last week. The naira is N5 weaker than N522 to dollar...
The Naira again depreciated against the U.S. dollar at the unofficial market window on Friday, its third major decline within the week at the parallel market segment. According to abokiFX.com, a website that collates the parallel...
Naira gained significantly against the U.S. dollar at the official market Friday as it touched 410 for the first time in almost a month. Data posted on the FMDQ Security Exchange where forex is officially traded...
The naira depreciated against the U.S dollar at both the official and unofficial windows on Friday. According to abokiFX.com, the local currency closed at N510.00 per $1 at the black market, representing a N2.00 or...
The naira extended gain against the U.S. dollar at the parallel market on Tuesday by rising to 508 per $1. According to abokiFX.com, the currency closed with a N4.00 or 0.80 per cent appreciation from the...
The naira appreciated against the dollar on Monday as deposit money banks set up foreign exchange teller points for customers in line with the directive from the Central Bank of Nigeria. The naira strengthened to N512/$...
The naira gained against the U.S. dollar at both the unofficial and official market segments for the second consecutive day on Friday. According to data recorded on abokiFX.com, a website that collates parallel rates in...
For once in a longwhile, announcement of the Central Bank of Nigeria (CBN) Monetary Policy Committee’s interest rates after its two-day meeting was overshadowed by another news item – the suspension of foreign exchange (FX)...