Naira falls to N506/$ at black market as dollar supply slides by 5.77%
At the parallel market, the naira depreciated against the US dollar at an exchange rate of N506/$1.
Tag: forex
Naira appreciates at forex market as dollar supply increases significantly by 141%
Naira appreciated against the US dollar on Monday, closing at N411.5 to a dollar, representing a 0.06% gain.
Naira falls at official market despite a significant rise in dollar supply by 128%
The local currency fell at the official market despite the dollar supply rising significantly by 128.2%.
Naira depreciates at official window as dollar supply drops significantly by 43%
The local currency was down at the official window as forex liquidity dropped by 43.2%.
Naira falls at official window as external reserve declines to 4-year low
Naira depreciated on Wednesday against the US dollar to close at N411.50 to a dollar compared to N410/$1 recorded on ...
Exchange rate falls to N500/$1 at black market as forex speculators intensify their activities
The exchange rate depreciated further at the parallel market to close at N500/$1 on Monday, June 21, 2021.
Naira reverses gain at black market as CBN moves to increase forex allocation to BDCs
The CBN has moved to increase forex allocation to BDCs and sustain the funding for about 5,000 members of the ...
Naira gains at official window as oil price tops $73 per barrel
Naira appreciated against the US dollar on Friday, 11th June 2021 to close at N410.80 to a dollar.
Naira falls at official window as dollar supply drops by 153%
Naira depreciated against the US dollar on Thursday to close at N411.83 to a dollar at the official I&E window.
Why Nigeria is still experiencing forex scarcity despite high oil prices
Nigeria needs supply, the foreign exchange market needs liquidity, Nigerians need dollars.