black market
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![Today's Naira Rate[06-10-2024]: Black Market Dollar Rate Reaches N1,674 as Economic Challenges Persist](/data/attachments/208/208942-40f177f6e3caf61ab226cc86d490ccfd.jpg?hash=hFfFcRmkeL)
Nigeria Today's Naira Rate[06-10-2024]: Black Market Dollar Rate Reaches N1,674 as Economic Challenges Persist
As of October 6, 2024, the black market exchange rate for the US dollar against the Nigerian naira has reached N1,674. This stark difference from the official rate of N1,657 by the Central Bank highlights ongoing economic challenges and a persistent shortage of foreign currency in Nigeria. As...- Nigeria News
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- 1 min read
- black market dollar to naira exchange rate foreign currency shortage nigeria economy
- Category: Business
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![Today's Naira Rate[04-07-2014]: CBN's Efforts Pay Off as Naira/Dollar Exchange Rates Align at N1,520 in Parallel and Official Markets](/data/attachments/205/205799-8457c57119a478bc5717b11aa4a694ef.jpg?hash=hFfFcRmkeL)
Nigeria Today's Naira Rate[04-07-2014]: CBN's Efforts Pay Off as Naira/Dollar Exchange Rates Align at N1,520 in Parallel and Official Markets
The naira/dollar exchange rate in Nigeria converged at N1,520 across both official and parallel markets. This significant alignment, driven by the Central Bank of Nigeria, aims to stabilize the naira and enhance market transparency. The change is expected to impact import costs, inflation rates...- Nigeria News
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- 1 min read
- black market currency depreciation nigerian naira parallel market
- Category: Business
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![Today's Naira Rate [07-06-2024]: Nigerian Naira Slips Closer to N1500/$ Amid Dollar's Resurgence](/data/attachments/204/204787-2f7bda2fdd5d28ed97c990c5e2d52d50.jpg?hash=L3vaL91dKO)
Nigeria Today's Naira Rate [07-06-2024]: Nigerian Naira Slips Closer to N1500/$ Amid Dollar's Resurgence
The Nigerian Naira faces downward pressure against the US dollar, nearing the critical threshold of N1500/$ as the dollar index surges by 80 basis points. As the trading week came to a close, the Nigerian Naira witnessed a notable decline against the US dollar, reaching N1495/$ in the parallel...- Nigeria News
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- 1 min read
- black market currency dollar exchange rate forex naira nigeria
- Category: Business
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![Today's Naira Rate [10-05-2024]: Nigerian Naira Hits One-Month Low of 1,470 Against Dollar Amidst Economic Turbulence](/data/attachments/203/203812-8457c57119a478bc5717b11aa4a694ef.jpg?hash=hFfFcRmkeL)
Nigeria Today's Naira Rate [10-05-2024]: Nigerian Naira Hits One-Month Low of 1,470 Against Dollar Amidst Economic Turbulence
Nigeria's naira plunges to a one-month low of 1,470 against the dollar on the black market. Discover the factors driving this decline, including dollar shortages and speculative trading, and explore expert insights on potential solutions to stabilize the currency amidst growing concerns. The...- Nigeria News
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- 2 min read
- black market currency depreciation dollar shortage forex market naira to dollar exchange rate nigerian naira
- Category: Business
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Nigeria NNPC Struggles to Address Fuel Crisis as Petrol Prices Soar to N2000/Litre Across Nigeria
A resurgence of petrol scarcity has engulfed various states in Nigeria, accompanied by long queues at petrol stations, crowded bus stops, and escalated traffic woes. Frustrated residents, facing soaring petrol prices approaching N2000 per liter, are resorting to purchasing fuel in jerrycans...- Nigeria News
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- 1 min read
- black market fuel crisis nigeria nnpc petrol scarcity
- Category: Business
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![Today's Naira Rate [19-04-2024]: Naira Stands Strong at N1,060/$ in Black Market Despite US Economic Uncertainty](/data/attachments/203/203051-8457c57119a478bc5717b11aa4a694ef.jpg?hash=hFfFcRmkeL)
Nigeria Today's Naira Rate [19-04-2024]: Naira Stands Strong at N1,060/$ in Black Market Despite US Economic Uncertainty
Despite a fluctuating economic landscape, the Nigerian naira exhibited resilience against the US dollar in the black market, maintaining its value while experiencing a slight decline in the official market. Late Thursday, the naira strengthened to N1,060 per dollar in the parallel market...- Nigeria News
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- 2 min read
- black market forex market nigerian naira todays exchange rate us economic data usd exchange rate
- Category: Business
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![Today's Naira Rate [17-04-2024]: Concerns Rise as Dollar Picks Up Again Against Naira, Now at N1147](/data/attachments/202/202932-8457c57119a478bc5717b11aa4a694ef.jpg?hash=hFfFcRmkeL)
Nigeria Today's Naira Rate [17-04-2024]: Concerns Rise as Dollar Picks Up Again Against Naira, Now at N1147
The current Naira-Dollar exchange rate has sparked mixed reactions among Nigerians. Some express surprise at the apparent stability, while others recall past fluctuations. Amidst the discussion, there's speculation about recent trends, with comments on both upward and downward movements...- Nigeria News
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- 1 min read
- black market nigerian naira usd exchange rate
- Category: Business
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Nigeria CBN's Efforts Ineffective as Naira Falls to N1960 against Euro
The Nigerian Naira has reached an unprecedented low, hitting N1960 per Euro in the black market, marking a significant decline of 5.36% from the previous day. This historic depreciation comes amidst persistent demand pressures and soaring inflation, which rose to 29.90%, as reported by the...- Nigeria News
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- 1 min read
- black market central bank policies forex market inflation surge naira exchange rate
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Nigeria Nigerian Exchange Rate Opens at N1,210/$1 Amidst Supply Constraints
The exchange rate between the Nigerian naira and the United States dollar opened the trading week with a lot of chatter in the financial circles. As Nairametrics reported, the rate began at N1,200/$1 on peer-to-peer (P2P) platforms, setting the tone for an eventful week. However, as noon...- Nigeria News
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- black market channels tv news exchange rate for naira p2p platforms parallel market
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Metro Fayose Buys Fuel From Black Marketers in Ekiti [PHOTOS]
Photographs have emerged of Governor Ayodele Fayose of Ekiti State, buying fuel from black marketers in Ado Ekiti, the state capital over the weekend. Following a fued with Fayose, petroleum marketers had embarked on a three-week industrial action. Against this backdrop, the governor had met...- kemi
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- ayodele fayose black market ekiti state news fuel marketers strike in ekiti
- Replies: 2
- Forum: Metro News Links
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Business Naira: See Today's Exchange Rate At Parallel Market Across States
This is today's exchange rate at Black Market across five states in Nigeria... Source: TheCable- ProfRem
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- black market exchange rate thecable
- Replies: 0
- Forum: Business News Links
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