Over two weeks after the Central Bank of Nigeria , CBN, promised to clear over $10bn foreign exchange debts owed to the Deposit Money Bank, the...
Nigeria’s Finance Minister, Adebayo Olawale Edun, has insisted that addressing the approximately $6.8 billion in overdue forward payments within the foreign exchange market is...
Volatility of the Naira in the FX market is expected to persist in the coming days, , with black market rates projected to trade...
The exchange rate between the Naira and the dollar plunged to a record low N983/$1 at the black market based on quotes received on...
Naira dropped to N960/$1 on Monday at the parallel market, and also to N970/$1 in the burgeoning peer-to-peer market where exchange rates are often set...
The exchange rate for a Dollar to Naira at Lagos Parallel Market players buy a dollar for N950 and sell at N955, compared to the N945.1kobo...
Naira begins the new week on a shaky ground as the exchange rate with the United States Dollar closed at N922.65/$1 on Friday, compared to the...
FMDQ Exchange reported that the exchange rate between the Naira and the dollar rate depreciated to N736.62/$1 on Thursday after activities came to a close in...
The United States Dollar (USD) was offered to clients of authorised dealers at a rate of N771.59/$1 at the end of trading in 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. In...
