Naira black market

Naira Now N1,617/$1 at Official Market, N1,615/$1 at Parallel Market

March 12, 2024

By Adedapo Adesanya The exchange rate of the Naira to the Dollar in the official market, which is known as the Nigerian Autonomous Foreign

Economy

Dollar Crashes to N1,520/$1 at Parallel Market

February 26, 2024

Dipo Olowookere

By Dipo Olowookere The value of the Naira to the US Dollar significantly strengthened in the parallel market on Monday, trading at N1,520/$1 compared

Economy

Naira Crashes to N1,820/$1 at Black Market as EFCC Goes After FX Traders

February 20, 2024

Dipo Olowookere

By Dipo Olowookere The decision of the government to go after foreign exchange (FX) traders on the streets seems to have backfired as it

Economy

Naira Falls to N1,600/$1 at Parallel Market Despite CBN’s Efforts

February 15, 2024

Dipo Olowookere

By Dipo Olowookere Despite the efforts of the Central Bank of Nigeria (CBN) to bring stability into the foreign exchange (FX) market to strengthen

Economy

Panic as Naira Plunges to New Low of N1,348/$1 at Official Market

January 30, 2024

Adedapo Adesanya

By Adedapo Adesanya The exchange rate of the Naira to the Dollar in the official market segment of the foreign exchange (FX) market, the

Economy

Naira Trades N900/$1 at Official Market, N1,400/$1 at Black Market

January 26, 2024

Adedapo Adesanya

By Adedapo Adesanya The Naira depreciated against the US Dollar across the windows of the foreign exchange (FX) market on Thursday, January 25, shedding

Economy

Naira Sells N901.41/$1 at NAFEM, N1,250/$1 at Black Market

December 15, 2023

Adedapo Adesanya

By Adedapo Adesanya The Naira bounced back to profitability on Thursday, December 14 after days in the danger zone triggered by pressure from the

Economy

Naira Appreciates 21.4% to N864/$1 After Crossing N1,000/$1 at NAFEM

December 12, 2023

Adedapo Adesanya

By Adedapo Adesanya After touching one of the lowest levels in recent times last Friday, the Nigerian Naira opened the week with a 21.4

Economy

Naira Official Value Now N832/$1, Street Value at N1160/$1

December 1, 2023

Adedapo Adesanya

By Adedapo Adesanya The Naira put up a weak performance against the United States Dollar across the various segments of the foreign exchange (FX)

Economy

Naira Slumps to N869/$1 at Official Market, N1014/$1 at P2P

November 8, 2023

Adedapo Adesanya

By Adedapo Adesanya The Naira depreciated further against the US Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Tuesday, November 7, as

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