Naira to dollar exchange rate falls to N685/$1 at peer-to-peer (P2P) forex market
The exchange rate between the naira and the US dollar has fallen to a record low at N685.5/$1 at the ...
Tag: forex
Why the black market is holding the naira ransom
Although it is true that many worldwide currencies have declined in value against the dollar, the situation is worse for ...
No dollars: Nigerians wait weeks to get dollars for personal travel allowance
Nigerians are finding it increasingly difficult to access dollars at the Central Bank of Nigeria’s official rate for eligible transactions...
Nigerians increasingly demanding for Forex as scarcity persists
Nigeria is experiencing one of its worst FX crises in history due to increasing demand for FX amidst low supply.
External Reserves up $6 billion in one year but no forex
The Nigerian economy is starved of foreign exchange as currency traders continue to lament tightened forex liquidity...
FX scarcity continues to bite hard in Nigeria
Though the exchange rate at the I&E window has remained stable, there has been considerable depreciation at the parallel market.
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Exchange rate falls as forex turnover drops to $49.24 million, a 2-month low
The exchange rate between the naira and the US dollar closed at N420.25/$1 at the Investors and Exporters (I&E) window.
Naira remains stable across FX markets as CBN continues forex intervention
The exchange rate between the naira and the US dollar closed at N419.75/$1 at the Investors and Exporters (I&E) window.
Forex supply skyrockets by over 300% to $760 million at the official market
The exchange rate between the naira and the US dollar closed at N419.5/$1 at the Investors and Exporters (I&E) window.
