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Naira Closes at N1,597/$ as Dollar Supply Rises to 141.99m

Naira Closes at N1,597/$ as Dollar Supply Rises to 141.99m The naira closed at the rate of N1,596 against the United States dollar on Thursday, maintaining the same rate as it closed on Wednesday. The naira traded at an intra-day high of N1,616 and a low...

Naira Appreciates by 0.6% at Official Market

Naira Appreciates by 0.6% at Official Market The Naira on Monday appreciated at the official market, trading at N1,607.15 to the dollar. Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market, NAFEM, showed that the...

Naira Gains N15 in Parallel Market

Naira Gains N15 in Parallel Market The Naira yesterday appreciated to N1, 580 per dollar in the parallel market from N1,595 per dollar on Wednesday. Similarly, the Naira yesterday appreciated to N1,570 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that...

CNG Praises FG’s Decision To Sell Crude In Naira To Domestic Refineries

CNG Praises FG’s Decision To Sell Crude In Naira To Domestic Refineries The Coalition of Northern Groups (CNG) has voiced its appreciation of the Federal Government’s recent decision to sell crude oil in naira to domestic refineries, a departure from the previous practice of payment...

Naira Rises to N1,580/$ in Parallel Market

Naira Rises to N1,580/$ in Parallel Market   The Naira yesterday appreciated to N1, 580 per dollar in the parallel market from N1,610 per dollar last week Friday. But, the Naira yesterday depreciated to N1,611.4 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from...

‘Naira To Appreciate Towards N1000 Per Dollar’

'Naira To Appreciate Towards N1000 Per Dollar'   The Lagos Chamber of Commerce and Industry (LCCI) has projected that the Naira would appreciate to N1,000 per Dollar. This was disclosed by the President of LCCI, Mr. Gabriel Idahosa, when he addressed news men on the state of...