Naira Stabilises at ₦1,600 Per Dollar in Black Market The Naira has remained relatively stable against the US dollar, maintaining its rate of ₦1,600 at the black market. It is however selling at ₦1,615 per dollar. Meanwhile, the official exchange rate set by the Central Bank of...

Naira Stabilises at ₦1,600 Per Dollar in Black Market The Naira has remained relatively stable against the US dollar, maintaining its rate of ₦1,600 at the black market. It is however selling at ₦1,615 per dollar. Meanwhile, the official exchange rate set by the Central Bank of...

Naira Hits All-time Low, Exchanges for 1,100 to a Dollar The Naira has fallen to an all-time low as it now exchanges for N1,100 per dollar in the black market. This is according to information obtained on Wednesday morning, from traders in the parallel market . The...

Naira Loses, Exchanges N773.42 at I&E Window, N895 at Black Market   The naira depreciated against the dollar on Wednesday as it exchanged at N773.42 at the Investors and Exporters window. According to a report by the News Agency of Nigeria (NAN), the naira lost by 0.35...

Dollar Exchanges for N810 at Black Market The dollar to naira exchange rate improved slightly at the black market selling $1 to N810 against previous trading of $1/N825 while the naira fell again at buying rate of $1/820 as at Monday. Sources from black market confirmed...

Naira: The Story of a Once-Upon-a-Time 'Powerful' Currency, by As-sayyidul Arafat   When writing this article, the dollar traded against Naira in the Black Market for #705/$. What initially started from #2 to €1 in the United Kingdom and #1 to $0.6 in the United States...