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Nigeria's foreign exchange market is gradaully closing up and the Central Bank Of Nigeria, CBN, aim at converging the multiple rates almost here.
Yesterday, the FMDQ OTC, official market for trading debt securities, forex and other financial products in Nigeria, has asked banks to start quoting...
Nigerian naira on Wednesday depreciated by 0.54 percent to 370 against the United States dollar at the parallel market.
The currency gained N2 to close at 465 against the pound sterling and maintained rate at 410 to the Euro at the parallel market.
At the official market, the naira gained...
Nigerian naira on Friday sustained trading at the parallel and black market segments.
Table below shows today's naira rate against dollar, pound and euro at the parallel and official market segments: ...
Nigerian naira on Wednesday sustained gain at the parallel market.
The stability was attributed to weak demand for dollar and increased supply due to dollar sale to bureaux de change by the Central Bank of Nigeria (CBN).
Table below shows today's (21/06/2017) exchange rate of the Nigerian...
Nigerian naira on Monday opened trading on the booming side at 368 to the dollar after closing 370 last Friday.
This is coming as Central Bank of Nigeria, CBN, continues to intervene at inter-bank market to the foreign exchange policy.
Table below shows today's (19/06/2017) exchange rate of...
Nigerian naira on Friday sustained trading rate against all major currencies at the parallel market.
Table below shows today's (16/06/2017) exchange rate of the Nigerian Naira against the Dollar, Pound:
Nigerian naira on Thursday appreciated by 0.15 per cent against the dollar to close at 305.25 at the official market but depreciated at the parallel market to 370 to the dollar.
The investors and exporters forex window rate opened at N372.03 and closed at N365.07, according to tag on the FMDQ...
Nigerian naira on Thursday opened trading on the bullish side gaining N3 against the dollar at the parallel market.
Table below shows today's (15/06/2017) exchange rate of the Nigerian Naira against the Dollar, Pound...
aboki fx ratedollarratenaira rains at edo eletion
Nigerian naira maintained stability on Tuesday morning as the Central Bank of Nigeria intervened in the inter-bank foreign exchange market with $413.5 million on Monday.
The move is part of efforts by the Apex bank to guarantee liquidity in the system.
Table below shows today's (13/06/2017)...
The Central Bank of Nigeria on Monday introduced new rules into the interbank foreign exchange market.
This development is coming as the Naira to dollar rate climbed to 372 at the parallel market and 305.55 at the interbank market on Monday.
The rules were contained in a new circular tagged...
Nigerian naira on Thursday appreciated by 2.13 per cent to close at 374 against the United States dollar at the parallel market as Central Bank of Nigeria, CBN intensify efforts to protect the value of the currency.
The currency maintained rate at 490 and 422 against the Pound sterling and Euro...
Nigerian naira recorded 5.19 per cent at the Bureau De Change, BDCs, market this week, following interventions in the foreign exchange market with dollars by the Central Bank of Nigeria.
The currency firmed up at parallel market on Friday trading at N385 to the United States Dollar in Lagos...
naira recorded 5.2% gain
nigeria rate this week
Nigerian naira on Monday crashed further by 1.94 per cent to 413 per dollar at the parallel market.
The currency closed flat at 490, 425 against the Pound sterling and Euro respectively at the black market segment.
At the official market, the currency closed flat after losing about 7 per cent...
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current nairatodollarratenaira depreciates by 1.94% to 413
nigeria naira exchange rate
Nigerian Naira on Monday extended gain against the three major currencies at the parallel market as Central Bank of Nigerian continues to save to the currency against US dollar.
At the Parallel market, the Naira gained 5 naira to 455 from 450 its closed last Friday against the dollar.
Nigerian naira opened trading at the forex market on Monday at 450 to the dollar ahead of Central Bank of Nigeria monetary policy committee in Abuja.
Table below shows today's (20/03/2017) exchange rate of the Nigerian Naira against the Dollar, Pound and Euro
Related: CBN's MPC Meeting...
nigeria naira exchange ratetoday
A former Governor of the Central Bank of Nigeria (CBN), Prof. Charles Soludo said the size of nation’s Gross Domestic Product has shrunk from about $575 billion to about $354 billion.
Soludo said this at an economic talk shop, organised by the Vanguard newspapers.
The talk shop which had other...
charles soludio on economy