Nigerian naira on Monday crashed further by 1.94 per cent to 413 per dollar at the parallel market.
The currency closed flat at 490, 425 against the Pound sterling and Euro respectively at the black market segment.
At the official market, the currency closed flat after losing about 7 per cent...
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current nairatodollarratenaira depreciates by 1.94% to 413
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Nigerian Naira on Monday extended gain against the three major currencies at the parallel market as Central Bank of Nigerian continues to save to the currency against US dollar.
At the Parallel market, the Naira gained 5 naira to 455 from 450 its closed last Friday against the dollar.
The...
Nigerian naira opened trading at the forex market on Monday at 450 to the dollar ahead of Central Bank of Nigeria monetary policy committee in Abuja.
Table below shows today's (20/03/2017) exchange rate of the Nigerian Naira against the Dollar, Pound and Euro
Related: CBN's MPC Meeting...
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A former Governor of the Central Bank of Nigeria (CBN), Prof. Charles Soludo said the size of nation’s Gross Domestic Product has shrunk from about $575 billion to about $354 billion.
Soludo said this at an economic talk shop, organised by the Vanguard newspapers.
The talk shop which had other...
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The forex market on Friday reacted to the news of President Muhamadu Buhari's return from medical trip in the United Kingdom by appreciating against the three major currencies at the parallel market.
NAN reported that the Naira traded at N455 to a dollar amid liquidity boost in the Bureau de...
Today's (09/03/2017) exchange rate of the Nigerian Naira against the Dollar, Pound and Euro
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Nigerian naira on Monday appreciated by 1.09 per cent to close at 460 from 465 to a dollar at the parallel market.
The currency also depreciated against Pound sterling to 560 but remained stable against the Euro to close at 480 at the black market segment.
At the official market, the currency...
Nigerian naira on Tuesday closed firm at 455 to a dollar at the parallel market despite Central bank of Nigeria's intervention in the market on Monday.
The currency opened Tuesday's trading with a N5 gain against the dollar but revert to N455 against the greenback at the close of Tuesday's...
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naira closes at 455
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Senator Ben Murray Bruce, representing Bayelsa East senatorial district has applauded acting President Yemi Osinbajo over the sharp rise in the value of the naira.
Recall that Acting President, Yemi Osinbajo during the National Executive Council meeting held weeks ago ordered the Central Bank...
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Nigerian naira on Friday appreciated 8.9 per cent to close at 460 to a dollar at the parallel market, fourth continuous days since the Central Bank of Nigeria relaxed the Forex policy.
The local currency also gained heavily against Pound sterling and Euro to close at 575 and 480 respectively...
The Nigerian Naira has been a major headache for its citizens, investors and businesses owners as the currency fell short of the largest economies in Africa. In 2016 alone, the currency was ranked among the worst performing currencies in the world, but this was thanks to the federal government...
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The Nigerian naira on Thursday extended gain above 2 per cent against the United States dollar at parallel market, few days after the Central Bank of Nigeria relax country's forex policy.
The currency started the day at N505 and appreciated to N495 as more and more people troop to the market to...
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naira at 495
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Nigerian naira on Wednesday appreciated at the parallel market to 505 as the Central Bank of Nigeria carried out special wholesale intervention forward sales in the interbank forex market by offering $500 million.
The currency extended gain by 10 naira from 515 its opened trading on Wednesday...
Nigerian naira on Tuesday tumbled to 507 per US dollar at the parallel market, the worse in the history of the country.
The currency is also trading at N530 and 630 to the euro and pound respectively at the black market segment.
The naira had open trading at a record high of 500 per dollar in...
Nigerian naira continued on free fall against the three major currencies at the parallel market.
The currency on Friday ended weekly trading at N506 to $1 down from N500 recorded on Thursday, February 9, 2017.
Against the British Pounds Sterling and the European Euro, the Nigerian Naira...
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exchange ratenaira at 506
naira on free fall
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Nigerian naira on Monday crumbled to 500 per dollar at the parallel market sending significant shock to businesses as analysts predicted a sharp depreciation on the currency.
The currency plunged further against the United States dollar to an all time low record of 500 on Monday morning, down...
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naira crumbles to n500 per dollarnaira now at 500 per dollarnairaratenairatodollarratenaira watch
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The United States dollar slumped to seven-week lows on Thursday, pressured by investors’ concerns about U.S. protectionism after President Donald Trump gave the go-ahead to construction of a U.S.-Mexican border wall and prepared to impose some immigration curbs.
This is coming as Nigerian naira...
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Nigeria’s Bureau De Change (BDC), operators, are set to introduce an online exchange rate platform and have also fixed the Naira to Dollar reference rate at 399.
The BDC Acting President, Mr Aminu Gwadabe, explained that the platform would help reduce the gap between the official inter-bank...
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