Tag
BLACK MARKET
News and analysis about black market
The exchange rate at the parallel market is determined by several powerful forces.
The underground market exposes several Nigerian citizens to a number of drawbacks, including fraud risk, violence, and theft arbitrarily.
Naira gets stronger as traders record $9.5 billion turnover at official forex window since September
The Investor and Exporter Window where forex is sold officially has recorded a cumulative turnover of $9.5 billion...
...Company is said to be owned by one man with multiple bank accounts… Information reaching Nairametrics confirms owner...
Thursday, 2nd September 2021: The exchange rate between the naira and the US dollar closed at N411.67/$1 at the Investors and...
Foreign exchange traders in Nigeria's currency black market, who have engaged in aggressive 'stocking' of dollars at a...
The exchange between the naira and the US dollar has dropped to as low as N525/$1 at the...
The naira remained stable at the parallel market to close at N485/$1 on Monday.
The opening indicative rate closed at N410.88 to a dollar on Monday.
The Naira appreciated marginally against the US Dollar at NAFEX window on Thursday, 18th March, to close at N409.67/$1.
The Naira depreciated against the US Dollar on Tuesday at the NAFEX window to close at N409.75/$1,
Naira appreciated against the US Dollar on Thursday as it closed at N406.50 to a dollar at the NAFEX window.