Tag: Dollar
Naira soars against dollar for first time in twenty-one days
On Wednesday, the Naira appreciated against the US Dollar on the unofficial parallel market, commonly referred to as the black market.
In afternoon trading, the...
Naira dips further to N1,190/$
Reports have revealed that the naira has continued its downward trend as scarcity of the dollar bites harder.
At the parallel market, naira commenced trading...
Naira crisis: Crypto transactions soar to $56.7bn
The naira continued to slump downwards after exchanging to the dollar at 980/$ at the parallel market on Wednesday.
Recall that a week earlier, the...
Naira slumps to 702/$,amid fresh CBN supply hopes
At the close of business on Thursday, The naira traded at 702.19/dollar as the Central Bank of Nigeria has allowed for a free float...
Naira drops against dollar by 0.46%
The Naira appreciated against the dollar on Monday as it exchanged for N463.50 at the investors’ and exporters’ window.
The rate represents a decrease of...
Dollar shortage: Banks cut down travel allowance, others over dollar scarcity
Deposit Money Banks have cut down the amount of Personal Travel Allowance and schools fees their customers can apply for amid a worsening foreign...
There may not be election next year – Singer Charlyboy
Singer and maverick entertainer, Charlyboy, has stated that elections may not be held next year due to the current state of the country.
The singer...
Naira sinks to N644/$1 at peer-to-peer market amidst forex scarcity
The exchange rate between the naira and the US dollar closed at N426.58/$1 at the Investors and Exporters (I&E) window, where forex is traded...
Naira dips again to dollar at Investors, Exporters window
Naira dipped against the dollar at the Investors and Exporters Window on Tuesday, exchanging at N430.
The figure implied a depreciation of 1.00 per cent,...
Dollar exchanges with the naira at N615
The Naira has exchanged with the dollar at N615 making it the lowest ever, following scarcity of the greenback, BusinessDay reports.
With the current rate...