Naira stable in black market as U.S. Dollar weakens globally
The Nigerian currency traded below the N1.550/$ range at the black market at the first trading session in September, while ...
Tag: Black Market
News and analysis about black market
Naira slips in official market, U.S dollar shows strength
The naira slipped marginally against the safe-haven currency during the first trading session of the week, while the dollar showed ...
Naira muted in black market, U.S. jobs data takes spotlight
The naira was muted in the last trading session of the week, while the greenback reached a two-year high as ...
NMDPRA to suspend license of marketers, petrol stations selling to illegal peddlers
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has issued a stern warning to filling stations and fuel marketers ...
Naira appreciates by 7.62% to N2100 against Great British Pound at the black market
The naira experienced a significant uptick on Monday, reaching a peak of N2100 per Great British Pound (GBP) in the ...
Exchange rate appreciates to N815.32/$1 at the official market
The Nigerian naira appreciated against the dollar on Tuesday, 31 October 2023, closing at N815.32/$1 at the official market.
Black market welcomes Cardoso with N960/$1, P2P now N970/$1
The exchange rate between the naira and the dollar fell to a record low of N960/$1 on Monday, the first ...
Naira crashes to N775/$ days after CBN announced new naira notes
The plunge was attributed to a spike in dollar demands prompted by CBN’s plan to redesign the naira
Naira falls big to N740/$1 on black market
The exchange rate has maintained a downward trend, following the move by the apex bank to raise the interest rate ...
Again, Naira falls to N705/$ at black market
The Naira reversed its almost miraculous comeback to trade over the N700/$1 mark once again.
