Tag: Parallel market
Naira slides to N555/$1 in parallel market
Nigeria’s local currency, naira, dropped at the parallel market on Monday as it crashed from 535 per dollar, recorded on Thursday, to 555 per...
Naira maintains N409 exchange rate to $1 for second day
By Francis Ogwo
The naira after dropping to N409.67 on exchange to the dollar has remained stable closing at N409.67/$1 at the NAFEX (I&E Window).
The...
Naira exchanges at N400 to the dollar for second day
By Francis Ogwo
The exchange rate between the Naira and the US Dollar closed at N400 to the dollar at the Investors and Exporters window...
Naira plunges amid drop in external reserves to $36.12bn
By Francis Ogwo
The naira dropped last week due to high dollar demand as it depreciated in both the parallel market and the Investors and...
Naira exchanges at ₦470 to the USD in the parallel market
By Francis Ogwo
The naira exchanged at N470 to the US dollar on Friday, January 15, 2021 in the parallel market which is the same...
Naira on freefall with N473 to the dollar on Tuesday
By Francis Ogwo
The naira has further sloped downwards at the parallel market and also the Investors and Exporters forex window on Tuesday exchanging at...
Naira stands at ₦465/$ as Euro, Pound remain same at parallel...
By Francis Ogwo
The naira and the US dollar on Friday, January 8, 2021 exchanged at ₦465/US$1 in the parallel market.
The rate remained the same...
Naira maintains ₦465 exchange to the US dollar in the parallel...
By Francis Ogwo
Nigeria's currency, the naira, maintained an exchange rate of ₦465/US$1 in the parallel market which was the same rate on Tuesday, January...
Naira exchange to dollar at ₦470 at the parallel market
By Francis Ogwo
The naira exchanged at N470 to a dollar on Friday, December 25th, 2020 in the parallel market. This was the same rate...