Tag
EXCHANGE RATE
The exchange rate, fuel subsidy, and power sector have been identified as three key areas that need structural...
Wednesday, 4th August 2021: The exchange rate between the naira and the US dollar closed at N411.50/$1 at the...
Since the external reserve started recording consistent positive growth, the reserve has gained $314.7 million in 12 days.
Monday, 2nd August 2021: The exchange rate between the naira and the US dollar closed at N411.50/$1 at the official...
Thursday, 29th July 2021: The exchange rate between the naira and the US dollar closed lower at N411.67/$1 at...
The Bankers Committee has assured Nigerians that the exchange rate will drop to around N423 to a dollar....
The exchange rate between the naira and dollar depreciated to N525/$1 on Wednesday, 24 hours after the central...
The exchange between the naira and the US dollar has dropped to as low as N525/$1 at the...
If a repeat of 2016 were to occur again then the exchange rate could depreciate to N925/$1.
Naira depreciated against the US dollar on Monday, 19th July 2021 to close at N411.67/$1.
Dollar supply at the official forex market dipped by 42.2% on Thursday to stand at $123.69 million.
At the parallel market, the naira remained stable at N505/$1, the same as recorded since Friday, 9th July 2021.