NIGERIA: Daily Parallel Market Exchange Rate (September 27th 2019)
Parallel market exchange rate between the Naira and three of the world's major currencies.
Tag: Exchange Rate
Three reasons why the naira is depreciating
The exchange rate between the naira and dollar depreciated to N364/$1 on Friday from N363.50/$1 as the price of oil ...
LCCI opposes N326 per dollar exchange rate for payment of customs duty
The President of the Lagos Chamber of Commerce and Industry (LCCI), Mr Babatunde Ruwase, has opposed the new import duty ...
Next Level: Exchange rate under Buhari by 2023
As President Muhammadu Buhari won Nigeria’s recently-concluded presidential election for his second term bid, Nigerians who voted-in the president again ...
As the economy splutters, banks show how to rake billions under Buharinomics
In the wake of the Soludo led bank recapitalisation drive Nigerian banks saw their balance sheet rise to N17.3 trillion.
CBN gives recommendation on Naira’s value
CBN says all frontiers and developing markets have suffered depreciation and lost reserves.
MARKET RECAP: FX markets close the week on a positive note
Market recap is a summary of activities across Nigerian and global financial markets every week.
Why the CBN is panicking about the exchange rate
Over the weekend, the Central Bank of Nigeria, CBN, issued a surprising circular. It "warned" banks and Bureaux De Change ...
Naira appreciates to one month high on parallel market
The Naira, today rose to ₦360 at the parallel market and ₦305.55 at the official rate. This marks the highest rate ...
