naira to dollar rate

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    Business How Recession Reduced Nigeria's GDP To $354Bn - Soludo

    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...
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    Business Naira Gains Against 3 Major Currencies As Buhari Returns

    The forex market on Friday reacted to the news of President Muhamadu Buhari's return from medical trip in the United Kingdom by appreciating against the three major currencies at the parallel market. NAN reported that the Naira traded at N455 to a dollar amid liquidity boost in the Bureau de...
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    Business Nigeria - 09/03/2017: Today's Naira Rate Against The Dollar, Pounds And Euro

    Today's (09/03/2017) exchange rate of the Nigerian Naira against the Dollar, Pound and Euro
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    Business Nigeria - 08/03/2017: Today's Naira Rate Against The Dollar, Pounds And Euro

    Today's (08/03/2017) exchange rate of the Nigerian Naira against the Dollar, Pound and Euro
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    Business Naira Appreciates To 460 At Parallel Market

    Nigerian naira on Monday appreciated by 1.09 per cent to close at 460 from 465 to a dollar at the parallel market. The currency also depreciated against Pound sterling to 560 but remained stable against the Euro to close at 480 at the black market segment. At the official market, the currency...
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    Business Naira Closes Firm At 455 Per Dollar At Parallel Market

    Nigerian naira on Tuesday closed firm at 455 to a dollar at the parallel market despite Central bank of Nigeria's intervention in the market on Monday. The currency opened Tuesday's trading with a N5 gain against the dollar but revert to N455 against the greenback at the close of Tuesday's...
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    Business Ben Bruce Begs Osinbajo: Teach Buhari How To Strengthen Naira

    Senator Ben Murray Bruce, representing Bayelsa East senatorial district has applauded acting President Yemi Osinbajo over the sharp rise in the value of the naira. Recall that Acting President, Yemi Osinbajo during the National Executive Council meeting held weeks ago ordered the Central Bank...
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    Business Naira Appreciates 8.9% To 460 Per Dollar At Parallel Market

    Nigerian naira on Friday appreciated 8.9 per cent to close at 460 to a dollar at the parallel market, fourth continuous days since the Central Bank of Nigeria relaxed the Forex policy. The local currency also gained heavily against Pound sterling and Euro to close at 575 and 480 respectively...
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    Naira: How Nigeria's Currency Became Worth Less

    The Nigerian Naira has been a major headache for its citizens, investors and businesses owners as the currency fell short of the largest economies in Africa. In 2016 alone, the currency was ranked among the worst performing currencies in the world, but this was thanks to the federal government...
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    Business Naira Extends Gain By 2% To 495 At Parallel Market

    The Nigerian naira on Thursday extended gain above 2 per cent against the United States dollar at parallel market, few days after the Central Bank of Nigeria relax country's forex policy. The currency started the day at N505 and appreciated to N495 as more and more people troop to the market to...
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    Business Naira Strengthens To 505/US$1 As CBN Injects $370m Into FX Market

    Nigerian naira on Wednesday appreciated at the parallel market to 505 as the Central Bank of Nigeria carried out special wholesale intervention forward sales in the interbank forex market by offering $500 million. The currency extended gain by 10 naira from 515 its opened trading on Wednesday...
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    Business Naira Tumbles To 507 Per Dollar At Parallel Market

    Nigerian naira on Tuesday tumbled to 507 per US dollar at the parallel market, the worse in the history of the country. The currency is also trading at N530 and 630 to the euro and pound respectively at the black market segment. The naira had open trading at a record high of 500 per dollar in...
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    Business Naira On Free Fall, Weakens Against 3 Major Currencies

    Nigerian naira continued on free fall against the three major currencies at the parallel market. The currency on Friday ended weekly trading at N506 to $1 down from N500 recorded on Thursday, February 9, 2017. Against the British Pounds Sterling and the European Euro, the Nigerian Naira...
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    Business Nigerians Panic As Naira Crumbles To 500 Per Dollar At Parallel Market

    Nigerian naira on Monday crumbled to 500 per dollar at the parallel market sending significant shock to businesses as analysts predicted a sharp depreciation on the currency. The currency plunged further against the United States dollar to an all time low record of 500 on Monday morning, down...
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    Business Dollar Slumps To 7-week Low But Not A Hope For Naira

    The United States dollar slumped to seven-week lows on Thursday, pressured by investors’ concerns about U.S. protectionism after President Donald Trump gave the go-ahead to construction of a U.S.-Mexican border wall and prepared to impose some immigration curbs. This is coming as Nigerian naira...
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    Business Nigeria's BDC Set To Launch Online Exchange Rate Platform

    Nigeria’s Bureau De Change (BDC), operators, are set to introduce an online exchange rate platform and have also fixed the Naira to Dollar reference rate at 399. The BDC Acting President, Mr Aminu Gwadabe, explained that the platform would help reduce the gap between the official inter-bank...
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    Business Nigeria - 11/01/2017: Today's Naira Rate Against The Dollar, Pounds And Euro

    Today's (11/01/2017) exchange rate of the Nigerian Naira against the Dollars, Pounds and Euros
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    Business Nigeria - 10/01/2017: Today's Naira Rate Against The Dollar, Pounds And Euro

    Today's (10/01/2017) exchange rate of the Nigerian Naira against the Dollar, Pounds and Euros
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    Business Nigeria - 04/01/2017: Today's Naira Rate Against The Dollar, Pounds And Euro

    Today's (04/01/2016) exchange rate of the Nigerian Naira against the Dollars, Pounds and Euros
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    Business Naira Falls Against 2 Major Currencies, Edges Towards N500/US$1

    Naira on Thursday edged towards N500 per US dollar at the parallel market with a sharp depreciation against two major currencies as Nigerians visit markets to stock home for the festive season. The currency plunged to 495 naira to a dollar from N492 it closed on Wednesday at the black market...
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