exchange rate

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    Business Dollar falls to N1,600 at parallel market - Linda Ikeji’s Blog

    https://www.lindaikejisblog.com/2024/2/dollar-falls-to-n1600-at-parallel-market-2.html
  2. Rate for Cargo Clearance in Nigeria Now N1515 to $1 - CBN

    Nigeria Rate for Cargo Clearance in Nigeria Now N1515 to $1 - CBN

    The Central Bank of Nigeria (CBN) has announced an adjustment in the exchange rate for the clearance of goods, increasing it from N1444.56/$ to N1515.09 against the USD. This marks a noteworthy rise of N70.53 compared to the previous rate, reflecting the CBN's continued efforts to align official...
  3. Naira Plummets to Record Low of N1,534/$1 Despite CBN Intervention Efforts

    Nigeria Naira Plummets to Record Low of N1,534/$1 Despite CBN Intervention Efforts

    In a dramatic turn of events, the official exchange rate between the naira and the dollar plummeted to an unprecedented low of N1,534 on the NAFEM market, marking the weakest point in the currency's history. The day's forex turnover, a mere $89 million, revealed a sharp 64.69% drop in comparison...
  4. K

    Business Naira appreciates against US dollars at forex market Friday - Daily Post

    https://dailypost.ng/2024/02/10/naira-appreciates-against-us-dollars-at-forex-market-friday/
  5. K

    Business Naira falls to N1,490/$ in parallel market - Vanguard News

    https://www.vanguardngr.com/2024/02/naira-falls-to-n1490-in-parallel-market/
  6. K

    Business Naira again depreciates against US dollar at forex market -Daily Post

    https://dailypost.ng/2024/01/13/naira-again-depreciates-against-us-dollar-at-forex-market/
  7. Naira Faces 1.1% Depreciation, Hits 1,233/$ at Parallel Market Amidst Forex Market Dynamics

    Nigeria Naira Faces 1.1% Depreciation, Hits 1,233/$ at Parallel Market Amidst Forex Market Dynamics

    The naira experienced a decline, exchanging at 1,233/$ at the parallel market, as reported by Bureau de Change (BDC) operators. Conversations with BDC operators revealed that the local currency, traded at 1,228/$ and 1,233/$, maintained the same rate from Friday. Figures from Abokifx indicated...
  8. Nigeria's Forex Woes: A Deep Dive into the Causes, Impacts, and Elusive Solutions

    Nigeria Nigeria's Forex Woes: A Deep Dive into the Causes, Impacts, and Elusive Solutions

    Amid assurances from President Bola Ahmed Tinubu that Nigeria is open for business, a persistent forex crisis continues to cast a shadow on the country's financial stability and international reputation. Despite claims that barriers to investment have been dismantled, the ongoing struggle with...
  9. Naira Soars to N750.14 Against Dollar

    Nigeria Naira Soars to N750.14 Against Dollar

    The Nigerian Naira showcased a robust performance, closing at N750.14 against the dollar at the official market on November 20, 2023. This 5.55% appreciation brought relief to financial analysts, attributing the upswing to the Central Bank of Nigeria's (CBN) strategic move to clear a backlog of...
  10. Naira  Plunges to N1,105 Against Dollar

    Nigeria Naira Plunges to N1,105 Against Dollar

    The Naira experienced a staggering fall, reaching a historic low of N1,105 against the US Dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEM), the Central Bank of Nigeria's (CBN) approved official market. The day began with the Naira opening at N830, marking a rapid depreciation...
  11. Nigerian Naira's Strengthens to ₦950/$ Amid CBN Actions"

    Nigeria Nigerian Naira's Strengthens to ₦950/$ Amid CBN Actions"

    In a remarkable turn of events, the Nigerian naira continued its impressive rebound against the US dollar on Friday, surging to an exchange rate of ₦950/$ in the parallel market. This marks a substantial gain of ₦170 or a 15.18% appreciation of the local currency compared to the ₦1,120/$ it...
  12. Nigerian Naira Experiences Remarkable Appreciation, Surges to N1,040 Against the Dollar in Parallel Market

    Nigeria Nigerian Naira Experiences Remarkable Appreciation, Surges to N1,040 Against the Dollar in Parallel Market

    In a surprising turn of events, the Nigerian naira witnessed a remarkable appreciation against the U.S. dollar in the parallel section of the foreign exchange market. On Friday, the local currency soared by N145, marking a substantial increase of 12.24 percent, reaching the impressive exchange...
  13. Nigeria's Industries Under Siege as Naira Weakens to N1,155 Against the US Dolla

    Nigeria Nigeria's Industries Under Siege as Naira Weakens to N1,155 Against the US Dolla

    Industries across the nation are grappling with immense challenges as the Nigerian naira continues its sharp decline against the U.S. dollar. The unofficial exchange rate in Lagos and Abuja recently reached between N1,150 and N1,155 per dollar. This alarming trend is causing significant distress...
  14. Naira Sinks to 1,025/$: Troubling Plunge Sparks Fears of Economic Unrest

    Nigeria Naira Sinks to 1,025/$: Troubling Plunge Sparks Fears of Economic Unrest

    Nigeria is grappling with a deepening economic crisis as the Naira plunged to an alarming exchange rate of 1,025 Naira to the US dollar in the parallel market. This decline, which continues to sow panic and instability, has ignited concerns among small-scale enterprises, manufacturers, and...
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    Politics Dollar Crashes To N790 At Parallel Market After Tinubu, CBN Gov’s Meeting - Daily Trust

    https://dailytrust.com/after-tinubu-cbn-governors-meeting-dollar-crashes-to-n790-at-parallel-market/
  16. W

    Business Exchange rate plummets to N910/$1 - Nairametrics

    https://nairametrics.com/2023/08/09/exchange-rate-plummets-to-n910-1-disparity-widens-to-n153-1/
  17. W

    Business Black Market exchange rate falls to N900/$1 for inflows - Nairametrics

    https://nairametrics.com/2023/08/08/black-market-exchange-rate-falls-to-n900-1-for-inflows-p2p-market/
  18. W

    Business BREAKING: Exchange rate quotes spike to N860/$1 on black market - Nairametrics

    https://nairametrics.com/2023/07/19/exchange-rate-quotes-spike-to-n860-1-on-black-market/
  19. J

    Business Nigeria - 21/01/2019: Today's Naira Rate Against The Dollar, Pounds And Euro

    Today's (21/01/2019) exchange rate of the Nigerian Naira against the Dollar, Pound and Euros
  20. J

    Business Nigeria - 09/01/2019: Today's Naira Rate Against The Dollar, Pounds And Euro

    Today's (09/01/2019) exchange rate of the Nigerian Naira against the Dollar, Pound and Euros
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