Tag
OIL PRICE
News and stories about oil price
The naira depreciated against the US dollar on Friday at the official NAFEX window to close at N412 to a dollar.
Oil started the week bullish with investor sentiments boosted by signs of economic recovery from the COVID-19 pandemic in the U.S, and the improved outlook for fuel demand.
Will oil price continue falling as it did last week or will it recover to the $70 level?
Naira appreciated against the US dollar on Wednesday at the I&E window to close at N410.75/$1, as the crypto market endured heavy sell-offs.
The exchange rate between the naira and the US dollar closed at N411.5 to a dollar at the official Importers and Exporters window.
The exchange rate between the naira and the US dollar depreciated on Friday to close at N411.67/$1.
Naira remained stable at the parallel market as it closed at N485/$1 on Tuesday, 4th May 2021, the same as recorded on the previous day.
Naira appreciated further on Friday at the NAFEX window to close at N410 to a dollar.
The exchange rate between Naira and Dollar closed at N410/$1 at the NAFEX window as bitcoin plunged below $50k.
Nigeria's exchange rate appreciated against the US dollar on Wednesday to close at N410/$1.
Naira depreciated against the US dollar on Friday 16th April 2021 to close at N411 to a dollar as bitcoin slumps by 15%.
The naira appreciated against the US Dollar on Wednesday, 31st March 2021, at the NAFEX window to close at N408.67 to a dollar.