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Currency Watch
Naira gains further on low demand
Naira on Tuesday appreciated further against the dollar, gaining 0.90 percent as low demand for the greenback is being witnessed at the parallel market popularly called the black market.…
Naira records lowest fall to N710 as demand rises astronomically
Naira, Nigeria’s currency on Wednesday fell to lowest ever, depreciating to N710 per dollar at the parallel market due to increased demand from Nigerians who convert dollars as store of…
Here’s how naira closed week at official, parallel market
Trading at Nigeria's foreign exchange market closed on Friday with Naira appreciating marginally by 0.28 percent or N1.21/$1.00 Week-on-Week (W/W) at the official window, also known as the…
Naira loses 0.60% as dollar shortage persists at official market
Naira, the nation’s currency on Monday depreciated by 0.60 percent against the dollar, following shortages at the official foreign exchange market.
At the close of trading on Monday,…
Naira depreciates after CBN’s rate hold
Nigeria’s currency on Tuesday depreciated by 0.18 percent to close at N417.00 per dollar, compared to the last close of N416.25 on Monday at the Investors and Exporters (I&E) forex…