Showing posts with label Dollar. Show all posts
Showing posts with label Dollar. Show all posts
Thursday, 23 March 2017

Exchange rate: Naira appreciates

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As at today, March 23, 2017, Naira is being sold at N410 to a dollar.
Thursday, 9 March 2017

Naira depreciates as central bank moves to intervene again

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The naira on Wednesday depreciated sharply to N465 per dollar in the parallel market due to upsurge in demand for dollars importers t...
Saturday, 4 March 2017

CBN Takes Battle to Speculators, Pumps Additional $350m to Energise Naira

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As part of its resolve to sustain the positive momentum in the foreign exchange (FX) market, the Central Bank of Nigeria (CBN) agai...
Tuesday, 28 February 2017

CBN sells $180 million forex to boost liquidity

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The Central Bank of Nigeria (CBN) yesterday released additional $180 million to the forex market to further ease business transactions ...
Friday, 24 February 2017

Dollar falls to N470 at parallel market

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The naira has been gaining steadily against the U.S dollar in three days of trading at the parallel market.  The dollar sold for N510 ...
Thursday, 10 November 2016

Low demand for dollar forces naira up at parallel market

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The low demand for dollar at the parallel market on Wednesday forced naira to appreciate further against dollar, the News Agency of Ni...
Wednesday, 9 November 2016

Naira crashes to all-time low of N375 to dollar

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Nigeria’s foreign exchange market may have taken a new turn as a rare movement in exchange rate happened between Monday and yesterday ...
Tuesday, 8 November 2016

Naira appreciates against dollar

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The Naira on Tuesday appreciated against the dollar in all the segments of the Forex market. The currency gained N44.95 to exchang...
Monday, 7 November 2016

Naira may not fall below 475

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Economic and financial experts say the naira may not fall below 475 against the United States dollar between now and end of December....
Thursday, 27 October 2016

Naira weakens to 470 on fresh dollar shortage

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The naira tumbled to 470 against the United States dollar on Wednesday, down from 455 on Tuesday as fresh dollar shortage hit the ...
Tuesday, 18 October 2016

Naira sustains recovery at forex market

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The Naira on Monday sustained its recovery trajectory in all the major segments of the forex market, the News Agency of Nigeria report...
Wednesday, 31 August 2016

Naira now N420 against dollar at interbank market

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The naira on Wednesday appreciated against the dollar at the interbank, the News Agency of Nigeria (NAN) reports. The local curre...
Saturday, 27 August 2016

Naira to plunge further on high dollar demand

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The naira is expected to plunge further against the United States dollar next week as dollar shortage intensifies; following the ba...

Naira hits all-time low at parallel market

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The Naira reached at an all-time low of 412 per dollar on the parallel market on Friday. This may not be unconnected to suspensio...
Friday, 19 August 2016

On Thursday, Naira traded at 365 to the dollar

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Thomson Reuters data showed that the naira traded at an all-time low of 365.25 to the dollar on Thursday in a single interbank mark...
Monday, 15 August 2016

Naira falls to 393 per dollar

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Naira The Naira on Monday depreciated against the dollar at the parallel market. The currency lost N3 to exchange at N393, from...

Why The Naira has Crashed so badly- CBN Gov. Emefiele

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Godwin Emefiele The Governor of the Central Bank of Nigeria, Godwin Emefiele has given his take as to why the nair...