Black Market Operators Trade Naira at N363/$
By Dipo Olowookere The Naira closed flat on Monday at the parallel segment of the foreign exchange market, trading at N363 per Dollar. It
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Naira Gains N4 Against Euro at Black Market as CBN Holds Rates
By Modupe Gbadeyanka The Nigerian local currency performed well on Tuesday at the parallel market against the Euro, gaining N4 at the close of
CBN Puts $195m into Forex Market Ahead of MPC Outcome
By Dipo Olowookere Yesterday, the Central Bank of Nigeria (CBN) released the sum of $195 million into the foreign exchange market. This decision was
Naira Gains N2 Against Pound Sterling at Black Market
By Modupe Gbadeyanka At the close of transactions at the foreign exchange parallel market yesterday, Nigeria’s local currency appreciated against the British Pound Sterling.
Naira Closes Week N365/$ at Parallel Market
By Dipo Olowookere On Friday, August 4, 2017, the Naira closed for the week at the rate of N365 per Dollar at the parallel
Naira Declines to N500/£ at Black Market
By Modupe Gbadeyanka The Nigerian currency suffered a N5 loss against the Pound Sterling at the parallel segment of the foreign exchange market on
Naira Soars Back to N385/$ at Black Market
By Modupe Gbadeyanka The Nigerian currency on Tuesday morning, appreciated back to N385 to the Dollar at the parallel market almost 24 hours after
Naira Depreciates Further to N410/$ at Black Market
By Modupe Gbadeyanka Despite efforts of the Central Bank of Nigeria (CBN) in giving life to the Naira at the foreign exchange market, the
Naira Hits N400 per Dollar at Black Market
By Modupe Gbadeyanka For the first time since August 2016, the Naira was exchanged at the parallel foreign exchange market in Nigeria at N400
Dollar Crashes to N410 at Black Market
By Modupe Gbadeyanka The Naira has continued to gain strength against the Dollar at the parallel segment of the foreign exchange market in Nigeria.
