The naira on Wednesday, crashed to a record low of N1,370 /$ at the parallel market, inching closer to N1,400/$ rate. The depreciation of the local currency was mainly as a result of shrinking...
VAM News Update THE exchange rate between the naira and the dollar fell to N1,040, N1,045 at the parallel market as demand continues to outpace supply on a frequent basis. Forex traders who spoke...
THE Naira on Wednesday, August 23, closed at N900/$ at the parallel market, N70 weaker than N830/$ this week’s opening. The local currency, which regained steam after the acting governor of the...
VAM News Update THE Nigerian naira, on Monday, weakened to N871 per US dollar at the parallel section of the foreign exchange (FX) market. The figure represents a depreciation of N6 or 0.7 percent...
THE naira, on Thursday, fell to N620 per dollar at the parallel market amid the lingering scarcity of the greenback. The figure represents a depreciation of N5 or 0.8 percent from the N615 it...
Nigerian naira has dropped to N585 against the dollar at the parallel section of the foreign exchange market. The figure represents N4 or 0.7 percent depreciation compared to the N581 it traded last week....
The naira, on Friday, depreciated against the dollar at the parallel section of the foreign exchange market. Bureaux De Change (BDC) operators in Lagos told TheCable on Friday that the naira exchanged for N545...
The naira on Monday weakened to new low of N527 to dollar in the parallel market. The local currency position represents N3 depreciation from N524 to dollar it closed last week. The naira is...
Following the discontinuation of sale of foreign exchange (FX) to Bureaux De Change (BDCs) operators in the country by the Central Bank of Nigeria, the naira has dropped to N522 to a dollar at...
The naira exchanged to the dollar at N504 at the parallel market on Friday, according to the Bureau de Change operators. It had earlier exchanged to the dollar at 500 in the previous week...