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Business Nigeria - 28/11/2016: Today's Naira Rate Against The Dollar, Pounds And Euro
Today's (28/11/2016) exchange rate of the Nigerian Naira to the Dollars, Pounds and Euros- mrsam
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Business Nigeria - 25/11/2016: Today's Naira Rate Against The Dollar, Pounds And Euro
Today's (25/11/2016) exchange rate of the Nigerian Naira against the Dollars, Pounds and Euros- mrsam
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Business Naira Falls To 470 As Fresh Dollar Scarcity Hits Forex Market
The local currency had appreciated to around 450 after security agents carried out series of raids on Bureau De Change operators, who sold the greenback above the N400 stipulated by the Central Bank of Nigeria. Security agents have been raiding the offices of the BDC operators, ordering them to...- ProfRem
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Business Nigeria - 24/11/2016: Today's Naira Rate Against The Dollar, Pounds And Euro
Today's (24/11/2016) exchange rate of the Nigerian Naira against the Dollars, Pounds and Euros- mrsam
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Business Nigeria - 23/10/2016: Today's Naira Rate Against The Dollar, Pounds And Euro
Today's (23/11/2016) exchange rate of the Nigerian Naira against the Dollars, Pounds and Euros- mrsam
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Business CBN Endorses SSS Raid on Currency Traders
The Central Bank of Nigeria (CBN) on Tuesday endorsed the crackdown on parallel market forex traders by the officials of the Department of State Services (SSS) across the country. The CBN Governor, Godwin Emefiele, disclosed this while addressing journalists at the end of its Monetary Policy...- ProfRem
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Business Nigeria - 18/11/2016: Today's Naira Rate Against The Dollar, Pounds And Euro
Today's (18/11/2016) exchange rate of the Nigerian Naira against the Dollars, Pounds and Euros- mrsam
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Business Nigeria - 14/10/2016: Today's Naira Rate Against The Dollar, Pounds And Euro
Today's (14/10/2016) exchange rate of the Nigerian Naira to the Dollars, Pounds and Euros- mrsam
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Business Naira Appreciates After DSS Raid on BDCs
The Naira appreciated on both the interbank and parallel segments of the market, after the Department of State Security Service, DSS raided and arrested of some licensed currency dealers who were said to be selling foreign exchange (FX) above the prescribed limit. On the interbank FX market...- ProfRem
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Business Naira Appreciates At Inter-bank, Parallel Markets
Nigerian Naira on Friday appreciated against the dollar at the interbank and parallel markets. At the parallel market, the currency gained N5 to exchange at N455 to a dollar from N460 recorded on Thursday. Also, the Pound Sterling and Euro depreciated slightly to close at N555 and N505...- ProfRem
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Business Naira Rebounds As CBN Pumps $1.5m Into Forex Market
Nigeria's naira fell briefly to a new low against the dollar on the official market on Tuesday but rebounded after the central bank pumped $1.5 million into the market to stabilise the battered currency, traders said. The currency weakened to a record low of 375.50 to the dollar at 1014 GMT...- ProfRem
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Business Naira Crashes Again, Falls 6.48% to N350 Per Dollar At Interbank Market
The Naira on Tuesday crashed freely at the official interbank market, according to data from the FMDQ OTC platform. The naira exchanged at N350 to a dollar from N328 it traded last Friday. At the Bureau De Change (BDC) segment, on Monday, the naira closed at N385 against the dollar, CBN rate...- ProfRem
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Business Naira Crashes 7.93% to 329 Per Dollar at Interbank Market
The Nigerian Naira on Friday crashed by 7.93% against the United States Dollar at inter bank markets, highest record since the Central bank of Nigeria removed peg on the nation's currency in June 20, 2016. The currency depreciated to all time low to 329 per United State dollar at the official...- ProfRem
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Business Naira Back to 470/USD At Parallel Market As Dollar Scarcity Bits Harder
The Nigerian Naira on Wednesday depreciated against the United States Dollar to close at N470 at the parallel market as shortage of dollar persists. The currency remained steady at the Interbank market to close at N304.78k as its posted on Tuesday. The Pound Sterling depreciated N565, while...- ProfRem
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Business Naira Gains At Interbank, Parallel Markets
The Nigerian Naira on Tuesday gained 1.31% against United States Dollar to close at N304.79 at the inter-bank foreign exchange market. The currency also extended appreciation at the parallel market to close at N465 from N470 to a dollar its posted on Monday. The Pound Sterling appreciated N5...- ProfRem
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Business Naira Depreciates 1.42% to 308 At Interbank Market
The Nigerian Naira on Monday depreciated by 1.42% against United States Dollar to close at N308.81 in inter-bank foreign exchange market. The currency closed N304.70 at the end of trading on Friday. At the Bureau De Change Segment of the market, the naira closed at N385 CBN controlled rate...- ProfRem
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Business Naira Appreciates 0.16% to 304 At Interbank Market
The Naira on Friday appreciated 0.16 per cent against the dollar at the official interbank market. The currency gained 50k to exchange at N304.50, from N305 posted on Thursday. At the Bureau De Change Segment of the market, the naira closed at N385 CBN controlled rate, while the Pound Sterling...- ProfRem
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Business Naira Crashes to 470 Per Dollar At Parallel Market
The Nigerian naira on Thursday midday trading crashed to 470 per dollar at the parallel market as liquidity issue persists in the forex market. The currency declined by 3 points from N467 overnight market to N470 on Thursday afternoon. It remained steady at the inter-bank market, exchanging...- ProfRem
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Business Naira Falls At Inter-bank, Parallel Markets
The Nigerian Naira on Tuesday fell by 0.58% against United States Dollar to close at N306.78 in Interbank FX Market and 0.86% to N467.00 in parallel market as Travelex and First Bank of Nigeria Plc begin the sale of Forex to Bureau De Change operators in the North. The Pound Sterling also...- ProfRem
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Business Naira on Recovery Path As Travelex, Firstbank Begin Sales in Abuja, Kano, Port Harcourt
Liquidity challenges in Abuja and environs will ease further as Travelex and First Bank of Nigeria Plc begin the sale of Forex to Bureau De Change operators in the North. Alhaji Aminu Gwadabe, the President, Association of Bureau De Change Operators of Nigeria, disclosed this to NAN in an...- ProfRem
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