Dollar Falls by 8.39% on Parallel Market Foreign exchange (FX) speculators are now counting losses as the dollar has fallen by 8.39 percent on the parallel market, following some government-announced policies. From the lowest of N1,310 per dollar, naira has strengthened to N1,200/$1 on the black...

Naira Hits N1000/$1 at Parallel Market The disparity between the official and parallel market rate is now very much wider than anticipated as the dollar at parallel market, on Tuesday, sold at N1000/$1 at the end of transactions. According to traders who spoke to Daily Sun,...

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)...

Naira Falls at Parallel Market, Gains at Investors’ Window   Naira performance on Monday in the currency market varied across market segments. At the parallel market, the naira weakened by 0.41 per cent to close at N741 against the greenback; while at the I &E window, the...

Naira Slips to N737  to a Dollar The naira, on Thursday, depreciated further against the dollar at the parallel and official sections of the foreign exchange market. The Nigerian naira collapsed to a new record low, trading at a minimum of N737/$1 on Thursday at the...

Naira Crosses N700/$ At Parallel Market   The naira has continued its downward trend, falling to N702 per dollar at the parallel market. The figure represents N10 or 1.4 per cent depreciation compared to the N692 it traded last week. Bureaux De Change (BDC) operators in Lagos and...