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The Naira gained value impressively at the official and parallel foreign exchange markets on Friday to end the week on a good note. The Central Bank of Nigeria’s exchange market data showed that the Naira appreciated to N1,535 per dollar on Friday from N1,567 per dollar on Thursday. This showed that the Naira gained N32…
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The Naira yesterday appreciated to N1,725 per dollar in the parallel market from N1,735 per dollar last week Friday. But the Naira depreciated to N1,676.9 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,676.9 per dollar from N1,666.72 per dollar…
The Naira yesterday appreciated to N1,715 per dollar in the parallel market from N1,725 per dollar last weekend. However, the Naira yesterday depreciated to N1,603.16 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,603.16 per dollar from N1,600.78 per dollar…
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The Naira yesterday appreciated to N1,680 per dollar in the parallel market compared to N1,690 per dollar last weekend. Similarly, the Naira appreciated to N1,552.92 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,552.92 per dollar from N1,641.27 per dollar…
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The naira maintained its appreciation against the dollar at the official foreign exchange market on Thursday. FMDQ data showed that the naira gained N2.9 at N1593.62 per dollar on Thursday from the N1596.52 exchanged on Wednesday. The naira also strengthened against the dollar on Thursday to trade at N1610 on the black market. This showed…
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The naira recorded a significant gain against the dollar in the foreign exchange market despite the ongoing hunger protests. FMDQ data showed that the currency appreciated to N1607.15 against the dollar on Monday from N1617.08 exchanged last Friday. This represents a N9.93 gain Meanwhile, in the black market, the naira remained flat, maintaining the same…
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The Naira against dollar appreciated on the black market but depreciated at the official foreign exchange window. Bureau De Change operators in Wuse Zone 4, Abuja, said the dollar is exchanged at N1,550 at the black market as against N1,565 on Thursday, recording an N15 gain. “We buy at N1,530 and sell at N1,530 on…
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The naira yesterday exchanged at N1,050 to dollar at the parallel market. It exchanged at N1,125 to dollar over the weekend, representing N75 appreciation. Naira appreciated by 0.56 per cent to close at N1,136 to dollar at the official market. The local currency had of recent commenced rapid recovery, as volatility in the market dropped…
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