Naira Recovers, Exchanges For N742/$   The naira rebounded yesterday to N742/$ in the Investors and Exporters (I&E) Window- official market. The rate represents N53/$ gain from at N795.2/$ it closed on Monday. The rate at the parallel market was N812/$, which was stronger than N820 it...

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...

JUST IN: Naira Hits N755/$ as CBN Reportedly Directs Banks to Trade Freely   The Naira is currently trading at N750-N755 per dollar at the Investors and Exporters (I&E) window due to a new policy of the country's monetary authorities. According to sources familiar with the development,...

Naira Rises Against Dollar to Trade at N770/$1 on Tuesday  The Nigerian Naira experienced a notable appreciation against the US Dollar at black market to trade at an average rate of N770/$1, showcasing a significant 1.28% appreciation today after eight consecutive depreciations from May 17,...

Naira Falls to Dollar at N779/$1 at P2P, N772/$1 at Parallel Market The steep fall of the Naira to the United States Dollar continued on Thursday as its value further weakened in the Peer-2-Peer (P2P) and the parallel market segments of the foreign exchange (FX)...

Report Reveals Forex Turnover Crashes By 47%   The foreign exchange turnover of Naira against the United States of American dollar on the Investors & Exporters window fell by 47.08 per cent in April. This was disclosed in the monthly report of activities on the FMDQ which...