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Naira Closes at N1,050 per Dollar at Parallel Market

Naira Closes at N1,050 per Dollar at Parallel Market The naira yesterday exchanged at N1,050 to dollar at the parallel market. It exchanged at N1,125 to dollar on over the weekend, representing N75 appreciation. Naira appreciated by 0.56 per cent to close at N1,136 to dollar...

Naira Gains Against Dollar, Trades for N1,136.04 per Dollar

Naira Gains Against Dollar, Trades for N1,136.04 per Dollar The Naira on Monday appreciated at the official market, trading at N1,136.04 to the dollar. Data from the official trading platform of the FMDQ Exchange revealed that the Naira gained N6.34. This represents a 0.55 per cent gain...

Naira Appreciates to N1,120 per Dollar at Parallel Market

Naira Appreciates to N1,120 per Dollar at Parallel Market The naira, on Monday, appreciated to N1,120 per dollar at the parallel section of the foreign exchange (FX) market. The current FX rate signifies a decrease of 9.67 percent from the N1,240/$ reported on April 3. Bureau de...

Naira Exchanges for 1245 Against Dollar in Official Window

Naira Exchanges for 1245 Against Dollar in Official Window The naira has reached its highest level against the dollar since January 2023, trading at N1,245 to the dollar at the official window. This represents the fourth straight week of gains for the local currency, which has...

Naira Gains at Parallel Market, Sells for N1,250 per Dollar

Naira Gains at Parallel Market, Sells for N1,250 per Dollar On Monday, the naira appreciated to N1,250 per dollar at the parallel section of the foreign exchange (FX) market. The FX rate is a 0.43 percent increase from the N1,280 recorded on March 29. Currency traders in...

Naira Soars by 21.8% Against Dollar in March

Naira Soars by 21.8% Against Dollar in March In March 2024, the Naira saw a dramatic turnaround against the US dollar, with the exchange rate closing at N1309/$1 on the last trading day of the month. This marked a significant 21.8% gain from the rate of...