The Naira on Tuesday appreciated further against the US dollar at the black segment of the foreign exchange market.
The currency gained 2 points to exchange at N453 to the dollar at the parallel market, from N455 it traded on Monday while the Pound Sterling and the Euro remained steady at N545...
The naira is expected to appreciate further this week following the Central Bank of Nigeria’s approval of dollar sale to Bureau De Change operators.
The CBN has given approvals to First Bank of Nigeria Limited and Travelex, a global foreign exchange company, to commence sale of dollars to the...
The Naira on Friday continued to appreciate against the three major currencies at the parallel market.
At the official inter-bank market, the Naira gained slightly remain steady at N304.50 from N304.75 posted on Thursday..
On Friday morning, the currency strengthened against the dollar, euro...
Nigerian naira on Monday fell 1.45% to 310.50 to a United State Dollar at the inter-bank market, despite Travelex sale of dollars to the Bureau De Change operators.
The currency closed at N305.99 to the dollar on Friday, according to data compiled by Bloomberg.
Travelex, a foreign exchange...
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Nigerian naira may stabilise on the parallel market after international money transfer agencies started selling dollars to Bureau De Change operators in line with the Central Bank of Nigeria directive.
The naira was quoted at 473 to the dollar on the black market on Friday, compared with 480...
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Travelex, a global foreign exchange dealer, on Friday resumed sale of dollars directly to travellers at N356 to a dollar.
The News Agency of Nigeria, NAN, reports that the firm’s office inside the Murtala Muhammed International Airport, Lagos terminal was besieged by hundreds of travellers...
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Nigerian naira depreciated 2.79% against the United States Dollar to close at N320. 31 at the Inter-bank foreign exchange market, seventy-one days after the Central bank of Nigeria removed peg on the country's currency.
At the parallel market, the currency closed at 476 from 475 to a dollar it...
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