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Business Nigeria - 15/04/2019: Today's Naira Rate Against The Dollar, Pounds And Euro
Today’s (15/04/2019) exchange rate of the Nigerian Naira against the Dollar, Pound and Euros- jade
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Business Nigeria: 19/06/2017 - Today's Naira Rate Against Dollars, Pounds and Euros
Nigerian naira on Monday opened trading on the booming side at 368 to the dollar after closing 370 last Friday. This is coming as Central Bank of Nigeria, CBN, continues to intervene at inter-bank market to the foreign exchange policy. Table below shows today's (19/06/2017) exchange rate of...- ProfRem
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Business Nigeria: 16/06/2017 - Today's Naira Rate Against Dollars, Pounds and Euros
Nigerian naira on Friday sustained trading rate against all major currencies at the parallel market. Table below shows today's (16/06/2017) exchange rate of the Nigerian Naira against the Dollar, Pound:- ProfRem
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Business Naira Gains 0.15% To Close At 305/$1 At Official Market
Nigerian naira on Thursday appreciated by 0.15 per cent against the dollar to close at 305.25 at the official market but depreciated at the parallel market to 370 to the dollar. The investors and exporters forex window rate opened at N372.03 and closed at N365.07, according to tag on the FMDQ...- ProfRem
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Business Naira Falls 0.82% to 370 Against Dollar At Parallel Market
Nigerian naira fell 0.82 per cent to 370 against the dollar at the parallel market despite Central Bank of Nigeria, CBN, over $400 million forex intervention on Monday. The currency also fell to 411 against Euro but appreciated by N2 to 465 against rhe Pound sterling at the black market...- ProfRem
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Business Nigeria: 12/06/2017 - Today's Naira Rate Against Dollars, Pounds and Euros
Nigerian naira appreciated on the black market segment to 367 to the dollar but depreciated to 307 at the official market rate Table below shows today's (12/06/2017) exchange rate of the Nigerian Naira against the Dollar, Pound and Euro:- ProfRem
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Business Naira Appreciates To 372 Per Dollar At Parallel Market
Nigerian naira on Monday appreciated against the three major currencies at the parallel market. this development is coming as the Central Bank of Nigeria (CBN) make steady interventions at the foreign exchange market to converge the rate between official and parallel market segments. The...- ProfRem
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Business Naira To Strengthen Further – BDC Operator
Lagos-based Bureau De Change (BDC) operator, Alhaji Nasiru Ibrahim Gulma has hailed the Central Bank of Nigeria (CBN) interventions in the foreign exchange market. Alhaji Gulma said if everybody can follow the normal procedure, the naira would witness more appreciation. He said one dollar...- ProfRem
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Business Naira Rises To 391/USD, Crashes Against Pound At Parallel Market
Nigerian naira on Friday closed flat against the United States dollar at 391 and crashed to 500 from 495 against the pound sterling at the parallel market. The currency also depreciated by 2 naira to close at 422 against the Euro. Trading at the interbank market saw the Naira closing at...- ProfRem
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Business Naira Loses At Parallel Market, Trades 390 Per Dollar
Nigerian naira on Monday depreciated against the United Stated dollar to 390 per dollar, despite Central bank of Nigeria CBN, intervention to close forex margin between official and parallel market. The currency also depreciated against the Pound sterling and Euro at the street market to 495...- ProfRem
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Business Naira Booms, Gains 1.75% To Close At 400 Per Dollar
Nigerian naira on Wednesday extended gain at the parallel market, appreciating by 1.75 per cent to close at 400 against the United States Dollar. The currency remained stable against the pound sterling and gained 10 naira to close at 420 against the Euro. At the official market segment, the...- ProfRem
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Business Naira Crashes To 410 Per Dollar At Parallel Market
Nigerian naira on Tuesday crashed to 410 per dollar at the parallel market, despite Central Bank of Nigeria, CBN's efforts to close gap between the official and black market rates. The currency closed flat at 490 against the Pound sterling but depreciated by N5 to close at 430 against the Euro...- ProfRem
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Business 5 Reasons Why Naira is Depreciating Against Dollar
The CBN in recent months had injected dollars to the inter-bank and Bureau de Change foreign exchange market in its bid to sustain forex supply to different categories of users. The Apex Bank auctioned $418 million at a marginal rate of N310 to a dollar, to airlines, agriculture, petroleum and...- ProfRem
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Business Naira Falls To 395 Per Dollar Despite CBN Forex Intervention
Nigerian naira on Monday dropped 1.1 per cent to close at 395 to a dollar at thge parallel market despite Central Bank of Nigeria, CBN, forex intervention. The currency also depreciated to 480 against the Pound sterling but appreciated 415 against the Euro at the parallel market. At the...- ProfRem
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Business Naira Loses 1.8% To 390 Per Dollar At Parallel Market
Nigerian naira on Friday closed bearish for the third time in a row since the Central Bank of Nigeria, CBN, pegged forex rate for the Bureau De Change operators nationwide. The currency dropped by 1.79 per cent to close at 390 against the United States dollar. It also depreciated against the...- ProfRem
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Business Naira Falls Further, Sells At 383/US$1 At Parallel Market
Nigerian naira on Thursday fell further at parallel market for the second consecutive day in a week after gaining over 10 per cent last week. The currency dropped by 3 naira to 383 to the dollar, 10 naira to 410 to Euro at the black market segment. However, it appreciated 1.2 per cent to close...- ProfRem
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Business CBN Slashes BDC Naira-Dollar Rates By 10% Nationwide
The Central Bank of Nigeria (CBN) has slashed the rate at which it was selling dollars to Bureau De Change (BDC) operators nationwide. Aminu Gwadabe, president, Association of Bureau De Change Operators of Nigeria (ABCON), told the News Agency of Nigeria (NAN) in Lagos on Tuesday that the...- ProfRem
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Business CBN Pumps $185m Into FX Market For Naira To Gain More Strength
The Central Bank of Nigeria (CBN) has pumped a total of $185 million into the foreign exchange market in order to continue to save the naira against the greenback. The Apex bank on Tuesday pumped the sum of $85 million into the Deposit Money Banks (DMBs) at the rate of N357/$1 for onward sale...- ProfRem
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Business Naira Rate: Bureau De Change Operators Kick, Reject CBN FX Policy
Bureau de Change (BDCs) operators in Nigeria are kicking over Central Bank of Nigeria's adjustment in forex policy. The CBN on Monday adjusted by reviewing the naira-dollar rate for travelers, students and Medical fees from 376 to 360 and ordered to start honoring the new rate with immediate...- ProfRem
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Business CBN Adjusts Forex Policy Again, Orders Banks To Reduce Naira-Dollar Rate
Central Bank of Nigeria, CBN, on Monday ordered commercial banks in the country to immediately lower naira to dollar rate from 370 to 360 for sale of BTA, PTAs , medicals and schools. Channel's Television Business editor, Boason Omafaye said the CBN also informed Customers to report erring...- ProfRem
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