naira dollar rate today

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    Business Naira Appreciates Marginally Against Dollar at Parallel Market

    The Nigerian Naira on Monday appreciated marginally against the US dollar, closing at 365 to one dollar at the parallel market. Trading had opened on Monday morning with the dollar going to 367 naira. The pound sterling and the Euro closed at N465 and N410, respectively. At the interbank...
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    Business Naira Converges at BDC and Parallel Market, Appreciates to N363 Per Dollar

    The Nigerian naira on Tuesday converged at the BDC and parallel market, exchanging at N363 per dollar on both markets. The attractive rate at the parallel market immediately triggered a massive influx of demands from forex users running away from the mandatory regulatory documentations sought...
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    Business Naira Gains Against Dollar at Parallel Market

    The Nigerian Naira on Monday appreciated against the dollar, gaining 3 units to exchanged at 388 to the greenback. The currency ended the previous week at 391 per dollar. The pound sterling and the Euro closed at N495 and N425 respectively at the parallel market. At the Bureau De Change (BDC)...
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    Business CBN Conducts FX Auction as Naira Strengthens Further Against Dollar

    The Central Bank of Nigeria, CBN, on Tuesday announced that it had offered $100 million in currency forwards at a wholesale auction in order to boost liquidity on the interbank market and strengthen the naira. The dollar sale, for which settlement will be between one week and 45 days, is aimed...
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    Business Naira Set to Appreciate Massively Against Dollar at Parallel Market

    The Nigerian naira is expected to massively appreciate against the dollar at the black market starting from next week. This is due to proposed increased sale of dollar to bureau de change operators starting from next week by the Central Bank of Nigeria, CBN. The CBN said it will raise dollar...
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    Business IMF Pressurizing Naira to Depreciate Against Dollar- BDC President

    President of the Association of Bureau de Change Operators of Nigeria, Aminu Gwadabe, has expressed desire to work with the Central Bank of Nigeria to alleviate the pressures on the currency. “We will cooperate with the CBN to narrow the gap between the parallel market and the official market,"...
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    Business Naira Crashes Against Dollar at CBN Official Market

    The Nigerian naira on Monday depreciated against the United States Dollar at the Central Bank of Nigeria's (CBN) official market. The currency traded at 328.50 per dollar, weaker than 306.15 it closed at its previous session, data from Thomson Reuters said. This represents a 7% depreciation...
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