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Naira Closes 1,402/$ at Official Market

Naira Closes 1,402/$ at Official Market The naira traded at a loss at the official market, depreciating to N1,402 against the United States dollar on Thursday. According to data from the FMDQ exchange securities, the naira dropped by N12 or 0.86 per cent from the N1,390...

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...

Customs Clearance Rate Decreases to N1,593 per Dollar

Customs Clearance Rate Decreases to N1,593 per Dollar The exchange rate for cargo clearance has dropped to N1,593.41/$ from N1,612.28/$ recorded last week representing a drop of about N18.87. Last week, the CBN through the customs service increased the exchange rate for cargo clearance by N18.44...

Naira Appreciates, Sells for N1,600/$ at Parallel Market

Naira Appreciates, Sells for N1,600/$ at Parallel Market The naira, on Monday, appreciated to N1,600 per dollar at the parallel section of the foreign exchange (FX) market. It gained 1.23 percent from the N1,620/$ traded reported on March 8. Currency traders in Lagos, also known as Bureau...

Naira Appreciates, Sells for N1,600/$ at Parallel Market

Naira Appreciates, Sells for N1,600/$ at Parallel Market The naira, on Monday, appreciated to N1,600 per dollar at the parallel section of the foreign exchange (FX) market. It gained 1.23 percent from the N1,620/$ traded reported on March 8. Currency traders in Lagos, also known as Bureau...

Naira Drops to ₦1,399 Per Dollar at Official FX Market

Naira Drops to ₦1,399 Per Dollar at Official FX Market The Nigerian foreign exchange (FX) market witnessed a historic drop in the value of the naira, reaching an unprecedented intraday rate of N1,399 per dollar at the official market on Thursday. Data sourced from the Financial...