Naira falls to N517 per dollar after one week
Nigeria’s currency on Wednesday depreciated by 0.39 against the dollar after steadying at N515/$ for the past one week at the parallel market, also known as the black market.
After…
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Naira ends week with gains across markets amid low liquidity
The foreign exchange market traded for four days against five normal days due to the one-day holiday declared by the Federal Government to mark the nation's Democracy Day on Monday.
The…
Naira closes week at N502/$, lowest in 7 months
The foreign exchange market ended trading week on Friday with Nigeria's currency falling to its lowest against the dollar in seven months on the parallel market.
Naira fell to N502 to the…
Exchange rate still N498/$ on black market
Nigeria’s currency Naira on Wednesday steadied at N498 to the dollar on the parallel market and may likely close the week at N500/$ as demand pressure persist amid shortage.
Already,…
Naira ends trading week with 1.85% loss to dollar
The foreign exchange market closed the trading week on Friday with Nigeria's currency weakening by 1.85 percent as the dollar was sold for N495 on the black market compared to the opening…