Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, has said the dollar might drop to N200 after the Central Bank Of Nigeria (CBN) implements the redesigning of the naira….
Tag: dollar
Dollar Scarcity Hits BDCs, Sells At N818/$
The naira fell to N818/$1 at the parallel market on Monday in Abuja and N815 in Lagos state as it continued to lose its value. Investigations revealed that the naira is currently…
Naira drops to N800 per dollar
Under President Muhammadu Buhari’s administration, the naira has plunged to yet another all-time low, trading at 800 to the dollar at Aboki Forex, a secondary exchange site. According to reports on Saturday,…
BREAKING: Naira appreciates slightly against dollar
On Monday, the Naira slightly strengthened against the dollar at the Investors and Exporters window, trading at 436. In comparison to the N436.33 for which the dollar was exchanged earlier on…
Naira Hits New Low Against Dollar – Nigeria
Naira touched an all-time low at the Nafex Window on Wednesday, depreciating 0.11 per cent from N436.00 it traded on Tuesday. Naira weakened further on Wednesday, falling 0.11 per cent against the…
Naira down at official market
Naira fell significantly against the U.S. dollar at the official forex market on Friday, stretching the local currency’s depreciation run to two consecutive days at the spot market this week. According to…
Naira to dollar stable at official forex market
Naira recorded no movement against the U.S. dollar at the official market on Friday, a day after top officials of two government agencies met to resolve the foreign exchange crisis in the…
Finally, Naira Crashes To Dollar Again
THE naira has crashed further in the parallel market, trading for N710 against the U.S. dollar on the exchange platform Aboki Forex. Checks by this Newspaper on Wednesday showed the current parallel…
Naira falls Massively Against Dollar
Nigeria Naira continue to fall deepper at the black or parallel market to N658 to a $1.00 or 6% devaluation. Bureaux De Change operators (BDCs) who spoke to our correspondent blamed the…
Naira to Dollar reaches N600 to $1 ahead party primaries
Ahead of party primaries in Nigeria, dollar exchanged at N600 on Monday at the parallel market, heightening fears of a further devaluation of the nation’s currency. The rate at the Importers and…