The Central Bank of Nigeria (CBN) on Tuesday endorsed the crackdown on parallel market forex traders by the officials of the Department of State Services (SSS) across the country.
The CBN Governor, Godwin Emefiele, disclosed this while addressing journalists at the end of its Monetary Policy...
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The Naira appreciated on both the interbank and parallel segments of the market, after the Department of State Security Service, DSS raided and arrested of some licensed currency dealers who were said to be selling foreign exchange (FX) above the prescribed limit.
On the interbank FX market...
Nigerian Naira on Friday appreciated against the dollar at the interbank and parallel markets.
At the parallel market, the currency gained N5 to exchange at N455 to a dollar from N460 recorded on Thursday.
Also, the Pound Sterling and Euro depreciated slightly to close at N555 and N505...
Nigeria's naira fell briefly to a new low against the dollar on the official market on Tuesday but rebounded after the central bank pumped $1.5 million into the market to stabilise the battered currency, traders said.
The currency weakened to a record low of 375.50 to the dollar at 1014 GMT...
The Naira on Tuesday crashed freely at the official interbank market, according to data from the FMDQ OTC platform.
The naira exchanged at N350 to a dollar from N328 it traded last Friday.
At the Bureau De Change (BDC) segment, on Monday, the naira closed at N385 against the dollar, CBN rate...
The Nigerian Naira on Friday crashed by 7.93% against the United States Dollar at inter bank markets, highest record since the Central bank of Nigeria removed peg on the nation's currency in June 20, 2016.
The currency depreciated to all time low to 329 per United State dollar at the official...
The Nigerian Naira on Wednesday depreciated against the United States Dollar to close at N470 at the parallel market as shortage of dollar persists.
The currency remained steady at the Interbank market to close at N304.78k as its posted on Tuesday.
The Pound Sterling depreciated N565, while...
The Nigerian Naira on Tuesday gained 1.31% against United States Dollar to close at N304.79 at the inter-bank foreign exchange market.
The currency also extended appreciation at the parallel market to close at N465 from N470 to a dollar its posted on Monday.
The Pound Sterling appreciated N5...
The Nigerian Naira on Monday depreciated by 1.42% against United States Dollar to close at N308.81 in inter-bank foreign exchange market.
The currency closed N304.70 at the end of trading on Friday.
At the Bureau De Change Segment of the market, the naira closed at N385 CBN controlled rate...
The Naira on Friday appreciated 0.16 per cent against the dollar at the official interbank market.
The currency gained 50k to exchange at N304.50, from N305 posted on Thursday.
At the Bureau De Change Segment of the market, the naira closed at N385 CBN controlled rate, while the Pound Sterling...
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The Nigerian naira on Thursday midday trading crashed to 470 per dollar at the parallel market as liquidity issue persists in the forex market.
The currency declined by 3 points from N467 overnight market to N470 on Thursday afternoon.
It remained steady at the inter-bank market, exchanging...
The Nigerian Naira on Tuesday fell by 0.58% against United States Dollar to close at N306.78 in Interbank FX Market and 0.86% to N467.00 in parallel market as Travelex and First Bank of Nigeria Plc begin the sale of Forex to Bureau De Change operators in the North.
The Pound Sterling also...
Liquidity challenges in Abuja and environs will ease further as Travelex and First Bank of Nigeria Plc begin the sale of Forex to Bureau De Change operators in the North.
Alhaji Aminu Gwadabe, the President, Association of Bureau De Change Operators of Nigeria, disclosed this to NAN in an...
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The Nigerian Naira on Monday sustained its gains by 0.08% to close flat at 305 to the dollar at the inter-bank market.
The Pound Sterling also appreciated by three points to close at N547, while Euro and the Dollar remained steady at N495 and N455 at the parallel market segment, according to...
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The Nigerian currency, the Naira is edging towards the N280 to the dollar opening rate at the Financial Markets Dealers Qoute (FMDQ).
The naira on Wednesday closed at N304.75 to the dollar at the official interbank market from N305 recorded on Tuesday.
At the Bureau De Change (BDC) window, the...
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The Naira on Wednesday appreciated by 0.08% to 304.75 to the dollar at the interbank market, as the Central Bank of Nigeria raised the exchange rate for Bureau de Change operators to 385 naira per dollar.
The currency depreciated 2 points to exchange at N455 to the dollar at the parallel...
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