In a surprising turn of events, the Nigerian Exchange Rate on the Investors and Exporters (I&E) window closed at N740/$1, marking the highest level against the...
In the Investors’ and Exporters’ window of the official market, the price of the dollar depreciated slightly to N791.42/$1, from Monday’s N792.04/$1 as the...
More than a month after the Central Bank of Nigeria (CBN) floated the Naira at the forex market, the country’s market for exchange-traded futures...
The Naira remains under pressure as many Nigerians scramble to acquire dollars for essential expenses, such as tuition, medical care, and import bills. Naira...
Nigeria’s external reserves fell to $33.9 billion on Wednesday, July 19th, 2023 its lowest level in two years. This is according to data from...
The naira to dollar exchange rate settled at N768/$1 in the Investors’ and Exporters’ window on Thursday, as the naira appreciated by 3.21 per...
The gap between Naira exchange rate at the black and official markets widened further on Wednesday as the local currency dropped by 6.83 per...
The exchange rate between the naira and dollar is being quoted for as high as N860/$1 on the black market following increased demand. The...
The FMDQ Exchange revealed that the United States Dollar (USD) was sold at a reduced rate of N742.93 kobo/$1 at the close of trading in the...
This compares to N820/$1 traded by BDC operated on the same day at the unofficial I&E Window. The official exchange rate also improved from the N803.9...
