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NAIRA EXCHANGE RATE
News and stories about Naira exchange rate
Tuesday, 10th August 2021: The exchange rate between the naira and the US dollar closed at N411.50/$1 at the official...
Thursday, 5th August 2021: The exchange rate between the naira and the US dollar closed at N411.25/$1 at the...
Tuesday, 3rd August 2021: The exchange rate between the naira and the US dollar closed at N411.50/$1 at the...
Do you remember the good old days in Nigeria? When the Naira was stronger than the US Dollar,...
Naira depreciated significantly by 3.9% at the parallel market to close at N525/$1 as against N505/$1 recorded the previous day.
Nairametrics reached out to top ABCON officials to get their opinion on the ban.
The US dollar stands at ₦470/US$1 in the parallel market
The parallel market exchange rate crashed to a new low.
Rates in the parallel market will remain under pressure and we might see it above the N460 /$ levels it is currently trading at.
FG intends financing the N5.36 trillion budget deficit through domestic, foreign loans and proceeds from privatisations.
Local media reports citing a recent report by NNPC say the federal government paid N752bn as a petrol subsidy in 2019.
As Nairametrics previously reported, the apex bank informed Nigerians that it will resume the provision of Forex to all commercial banks in Nigeria for onward sales to SMEs and Nigerian students in foreign schools.