Economy Naira Trades N485/$1 at Parallel Market as CBN Interventions Lessens Pressure December 3, 2020 Adedapo Adesanya By Adedapo Adesanya The Naira ended the midweek session stronger against the US Dollar at the parallel market as it gained N5 to close Read More
Economy Parallel Market Accounts for 5% of FX Market Share—CBN Governor November 25, 2020 Dipo Olowookere By Dipo Olowookere Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has claimed that the parallel segment of the foreign exchange Read More
Economy Naira Sheds 0.65% Against Dollar at Parallel Market September 19, 2020 Adedapo Adesanya By Adedapo Adesanya The Nigerian Naira closed the week on a negative note on Friday at the parallel market after losing 0.65 per cent Read More
Economy Naira Depreciates at Parallel Market, BDC Window September 10, 2020 Adedapo Adesanya By Adedapo Adesanya The local currency depreciated against the Dollar at the parallel market on Wednesday by N2 to sell for N445/$1 as against Read More
Economy Dollar Squeeze Crashes Naira to N480/$1 at Parallel Market August 19, 2020 Adedapo Adesanya By Adedapo Adesanya The shortage of Dollar at the foreign exchange (forex) market in Nigeria crumbled the Naira at the parallel market on Tuesday. Read More
Economy Naira Now Goes for N475/$ at Parallel Market August 8, 2020 Adedapo Adesanya By Adedapo Adesanya The Naira depreciated by N1 against the American Dollar at the black market segment of the foreign exchange market on Friday, Read More
Economy Naira Falls Against Dollar at Parallel, BDC Markets May 16, 2020 Adedapo Adesanya By Adedapo Adesanya Foreign exchange scarcity continues to bite hard at the parallel market, causing the Naira to dropped N5 against the US Dollar Read More
Economy Naira Weakens to N450 Per Dollar at Parallel Market May 13, 2020 Adedapo Adesanya By Adedapo Adesanya The Naira depreciated against the Dollar to N450 at the parallel segment of the foreign exchange (forex) market on Tuesday, May Read More
Economy Naira Trades at N375/$ at Black Market March 20, 2020 Adedapo Adesanya By Adedapo Adesanya The Naira appreciated against the US Dollar and other major foreign currencies at the parallel market on Thursday ahead of the Read More
Economy Naira Sells at N400/$1 at Parallel Market March 13, 2020 Adedapo Adesanya By Adedapo Adesanya The Naira exchanged at N400 per Dollar at the parallel market segment of the foreign exchange market on renewed panic on Read More