• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Markets Currencies

Naira Weakens to N223 Against The Dollar

Nairametrics by Nairametrics
September 7, 2015
in Currencies
Widening Gap Between Interbank, BDC Rates: Forex Dealers Express Concern
Share on FacebookShare on TwitterShare on Linkedin

The Nigerian naira weakened by 1.13 percent against the dollar on the parallel market on Monday amid rising demand for hard currencies.

 

The local currency was trading at 223 to the dollar on the parallel market, down from 220.50 to the dollar on Friday.

RelatedStories

NCS

Nigeria Customs warns public against fake July CBT recruitment shortlist, vows actions against fraudsters 

July 6, 2025
Breaking news

Breaking: NDPC fines Multichoice Nigeria N766.2 million for violating NDP Act

July 6, 2025

“The market is experiencing strong demand for the dollar from some individuals and businesses stocking for school resumption,” one trader said.

Nigeria’s naira had traded as low as 240 to the dollar after the central bank listed some 41 items that could not be imported at the official exchange rate. It strengthened after the bank increased the supply of dollars to bureaux de change, where importers were buying their dollars.

“The demand for the dollar is increasing while some customers are willing to buy at whatever rate they can get,” Aminu Gwadabe president of Bureau de change operators told Reuters.

The naira is currently trading at 198.50 to the dollar on the interbank market, but dealers said it would eventually closed at the 197 to a dollar peg rate set by the central bank.

Nairametrics

Nairametrics

Nairametrics is Nigeria's top business news and financial analysis website. We focus on providing resources that help small businesses and retail investors make better investing decisions. Nairametrics is updated daily by a team of professionals. Post updated as "Nairametrics" are published by our Editorial Board.

Related Posts

NCS
Business News

Nigeria Customs warns public against fake July CBT recruitment shortlist, vows actions against fraudsters 

July 6, 2025
Breaking news
Breaking News

Breaking: NDPC fines Multichoice Nigeria N766.2 million for violating NDP Act

July 6, 2025
Francoise Bettencourt Meyers
Billionaire Watch

Ex-world’s richest woman Francoise Bettencourt Meyers is $18 billion richer in 2025

July 6, 2025
NDLEA: 13.6% of Lagos secondary students have tried drugs, 6.9% are active users  
Business News

NDLEA intercepts $17.7 million in counterfeit travelers’ cheques, arrests suspects 

July 6, 2025
Weekly Stock Update: Nigerian Exchange Group record growth w-o-w, up by 0.48%
Equities

Weekly Market Wrap: Insurance, Consumer goods sectors shine as All-Share Index gains 0.83% 

July 6, 2025
Limitless Without Borders 3.0 in London: Rukayat Alabi marks record-breaking success, igniting a new era of inclusive innovation and entrepreneurial empowerment 
Companies

Limitless Without Borders 3.0 in London: Rukayat Alabi marks record-breaking success, igniting a new era of inclusive innovation and entrepreneurial empowerment 

July 6, 2025
Next Post
buy and sell stocks - Invest in shares

Here Is Why Renaissance Capital Switched GSK & 7up to a BUY

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank








DUNS

Recent News

  • Nigeria Customs warns public against fake July CBT recruitment shortlist, vows actions against fraudsters 
  • Breaking: NDPC fines Multichoice Nigeria N766.2 million for violating NDP Act
  • Ex-world’s richest woman Francoise Bettencourt Meyers is $18 billion richer in 2025

Follow us on social media:

Recent News

NCS

Nigeria Customs warns public against fake July CBT recruitment shortlist, vows actions against fraudsters 

July 6, 2025
Breaking news

Breaking: NDPC fines Multichoice Nigeria N766.2 million for violating NDP Act

July 6, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics