The Nigerian currency, the naira, depreciated against the American dollar at the official and black markets on Thursday, February 27, 2025 trading at N1, 496/$1 and...
The Naira continued to appreciate against the dollar at the parallel foreign exchange market on Wednesday, February 19, 2025. However, the Central Bank of Nigeria (CBN)...
The naira traded N1,548.59 to a dollar at the official window on Thursday. FMDQ data showed that the figure was N3.99 lower than the N1,552.58/$1 the...
The Nigerian currency, the naira, sustained the positive momentum of 2025 on Friday, January 3, 2025, by appreciating against the dollar at the official window. FMDQ...
The Nigerian currency, the naira, returned from the Christmas holidays stronger by appreciating against the dollar on Friday, December 27, 2024. According to data from FMDQ,...
As Nigerians join the rest of the world to celebrate this year’s Christmas, it was a mixed result for the naira against the dollar on Tuesday,...
The naira rebounded against the dollar in both the official and parallel foreign exchange markets on Thursday, December 12, 2024. According to data from FMDQ, it...
The naira began the week with a slump against the dollar at the official foreign exchange window on Monday, November 18, 2024. According to data from...
The Oyo State government has condemned the persistent sale of adulterated diesel products at unauthorized places along the Lagos-Ibadan Expressway, describing it as an eyesaw. The...
The naira continued its recovery on the first day of March 2024 to trade at N1,595.25/$1 data from the Nigerian Autonomous Foreign Exchange Market, NAFEM (Official...
The Nigerian naira further declined against the dollar on Monday, January 22nd, 2024, in both the official and black markets data from the Nigerian Autonomous Foreign...
Data from the official window and the black market has shown that the dollar rate gap between both forex channels has increased to N244.92 kobo. Ripples...
The naira appreciated in the investors’ and exporters’ window of the official market on Tuesday after the dollar rate settled at N755.08/$1 by end of trading...
The total foreign exchange transactions in the investors’ and exporters’ window of the official market fell to $64.14 million on Monday, as the dollar rate increased....
The official market closed Thursday’s foreign exchange trading with N738/$1 rate, as the authorised dealers of the Central Bank of Nigeria (CBN) reduced their asking price...
The value of the United States Dollar (USD) fell to a low of N475/$1 on Wednesday in the investors’ and exporters’ window of the official market,...
Foreign exchange authorised dealers in the investors’ and exporters’ (I&E) window slightly raised the rate of the dollar to N776.60/$1 on Tuesday, from N773.98/$1 rate reported...
The United States Dollar (USD) recovered on Monday to close high at N773.98/$1 in the investors’ and exporters’ window of the official market, against Friday’s N756.91/$1...
The dollar rate in the investors’ and exporters’ window of the official market closed down on Friday, as the value of the naira increased by 2.96...
The closing rate of the United States Dollar was N780/$1 on Thursday, as the naira depreciated in value by 2.88 per cent in the Investors’ and...
The official market closed with the naira to dollar exchange rate settling at N742.10/$1 on Tuesday, according to the foreign exchange data released by the FMDQ...
The exchange rate between the naira and the United States Dollar (USD) closed at N736.62/$1 on Friday in the Investors’ and Exporters’ window, indicating stability in...
The naira depreciated by 3.32 per cent on Thursday, as the United States Dollar (USD) closed at N762.71/$1 in the Investors’ and Exporters’ window of the...
The exchange rate between the naira and the United States Dollar (USD) closed at N738.18/$1 in the Investors’ and Exporters’ window on Wednesday, Ripples Nigeria learnt....
The dollar rate extended its upward swing on Wednesday, after closing at N773.42/$1 in the Investors’ and Exporters (I&E) window of the official market, according to...
The United States Dollar (USD) traded at N739.52/$1 at the close of official trading on Friday, with foreign exchange traders maintaining the value of forex transacted...
While the official market was on break on Monday due to the public holiday to celebrate Nigeria’s Democracy Day, the black market recorded a meltdown in...
On Thursday, the official market Dollar rate was N463.67 kobo/$1, indicating the Naira shed some value to the American greenback. Ripples Nigeria noted the Dollar increased...
At the end of trading in the official foreign exchange (forex) on Wednesday, the Naira was swapped for the Dollar at N465.13 kobo/$1. Traders saw the...
Investors and exporters in the official market saw the cost of the Dollar close at N462.33/$1 on Friday, against the N462.73/$1 they exchanged for the Naira...
It cost investors and exporters N462.73 kobo to buy $1 at the close of trading in the official market on Thursday, as the Naira depreciated by...
For two straight days, the value of the Naira against the American Dollar has strengthened in the Investors and Exporters (I&E), and the parallel market sides...
The Nigerian Naira suffered a sharp reversal in fortunes on Wednesday, falling at both the official and black-market exchanges after Wednesday’s gain. At the official exchange...
The Nigerian Naira has appreciated against the US dollar at both the official and black market, following the resumption of trading after the Easter holiday. At...
Nigerian currency recorded a mixed trading day on Tuesday against the US Dollar and other currencies in the official and unofficial foreign exchange market. At the...
To stabilise the exchange rate in the official market, over $15.3 billion was disbursed into the economy by the Central Bank of Nigeria (CBN) in 2022....
It was a mixed trading day for the Naira against the US dollar across the foreign exchange markets in Nigeria. The Naira depreciated at the Peer-2-Peer...
The exchange rate between the dollar and naira fell by -3.9 per cent on Friday in the black market, with the Nigerian currency gaining against the...
The dollar sold for N850 in the black market on Thursday. A Bureau De Change operator in the Ogba, area of Lagos State told Ripples Nigeria...
The Naira and dollar exchange rate dropped by N100 in the black market on Wednesday, indicating that the Nigerian currency was appreciating in value against the...
Bureau De Change operators continue to sell the United States dollar at a premium price in the black market, maintaining its over N300 difference when compared...
The Naira appreciated slightly against the dollar at Monday’s Investors and Exporters window as it exchanged at N440.67. This is compared with N441.17 to the dollar...
For the second day running, the Nigerian currency, the Naira, depreciated against the US dollars at the Investors and Exporters window, the official exchange market. Data...
The naira maintained stability against the U.S dollar at the official market, but dropped in value at the black market on Thursday. Data posted on the...
Nigerian currency suffered another heavy loss on Monday at the unofficial market, but was stable at the official market. Data obtained from FMDQ OTC Securities Exchange,...
The Central Bank of Nigeria is finding it extremely difficult to stop the poor performance of the Nigerian currency. On Monday morning, the Naira was exchanging...
Nigerian currency has dropped to a record low at the black market as forex scarcity gives room for traders to profit. According to information from some...
Nigerian currency resumed from the Easter holiday at the official market, trading on a positive note after exchanging at N427.75 to the US dollar on Friday,...
The Naira is opening the week at N419.75 against the US Dollar at the Investors and Exporters (I&E) segment of the foreign market (forex). This is...
Naira clinched a meager gain against the U.S. dollar at the official market on Tuesday, after starting the week on a woeful note. Data from FMDQ...
