Naira Gains Against Dollar Across Official, Black Markets
9 Articles
9 Articles
Naira Weakens Against Dollar in Official, Black Markets
The naira weakened against the dollar across both the official and parallel foreign exchange markets, ending the week on a negative note on Friday. According to data from the Central Bank of Nigeria, the Nigerian currency slipped to N1,528.56 per dollar on Friday, down from N1,525.83 recorded the previous day. This represented a daily decline of N2.73 against the greenback. Likewise, in the black market, the naira fell to N1,570 per dollar on Fr…
Naira Depreciates By 0.17% Against Dollar
(AFRICAN EXAMINER) – The Naira experienced a slight depreciation at the official market, trading at N1,528.56 to a dollar. Data obtained from the website of the Central Bank of Nigeria (CBN) showed that the Naira lost N2.73. This represents a 0.17 per cent loss when compared to N1,525.82 recorded on Thursday. The Naira, which opened […] The post Naira Depreciates By 0.17% Against Dollar first appeared on African Examiner.
Naira Appreciates to N1,525/$1 at NAFEM, Trades Flat at Parallel Market
By Adedapo Adesanya The Naira further extended its positive run against the United States Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Thursday by 32 Kobo or 0.02 per cent to settle at N1,525.99/$1 compared with the previous day’s value of N1,526.31/$1. But, in the same official market window, the Nigerian currency depreciated against […]
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