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Naira Gains, Exchanges At N757.51/$

Naira Gains, Exchanges At N757.51/$   The Naira on Tuesday appreciated against the dollar, exchanging at N757.51 at the Investors and Exporters window. The Naira gained by 2.23 per cent when compared with N774.78 for which it exchanged for the dollar on Monday. The open indicative rate closed...

Naira Gains, Closes At N791/$ In Official Market

Naira Gains, Closes At N791/$ In Official Market   The naira yesterday recorded marginal gain of N1 to close at N791/$ in the official Investors and Exporters (I&E) window. The local currency closed at N792/$ at the official window on Monday however continued depreciation at the parallel...

Dollar Exchanges For N876/$ As Forex Shortage Worsens

Dollar Exchanges For N876/$ As Forex Shortage Worsens   The naira maintained its downward trend against the dollar as it traded for 876/$ at the parallel market on Sunday. Some Bureau de Change operators said the local currency had earlier exchanged to the dollar at 820 a...

Naira Recovers, Exchanges For N742/$

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

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

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,...