Naira

Naira dips against Dollar by -0.12%

The Naira exchanged at N419.00 to the dollar at the Investors and Exporters window on Friday, a -0.12 per cent depreciation, compared to 418.50...

Business and Economy

Naira slides 0.5% to N581/$1 at Parallel Market

Nigerian naira traded at N581 per dollar on Friday at the parallel section of the foreign exchange market.The figure is lower by N3 or...

Business and Economy

Naira drops 0.2% to trade N578/$1 at parallel market

The naira, on Wednesday, depreciated further against the dollar at the parallel section of the foreign exchange market.Bureaux De Change operators (BDCs), popularly known...

Business and Economy

CBN to Stop Sale of Forex to Banks as Naira Falls Against Dollar

By Becky AdiNaira fell massively at the black market on Thursday after traders learned that the Central Bank of Nigeria (CBN) was planning...

Business and Economy

Naira depreciates as banks shift BTA/PTA rates to N419 per Dollar

The value of the Nigerian naira depreciated by 1.5 percent as banks shifted personal travel allowance (PTA) and business travel allowance (BTA) rates from...

Business and Economy

Naira gains, exchanges for N565/$1 at parallel market

The Nigerian naira gained marginally against the US dollar at the parallel market to trade at N565 per dollar.This figure is N5 or 0.9...

Business and Economy

Naira gains at official market despite a significant drop in forex trading

The exchange rate between the naira and the US dollar closed at N414.8/$1, at the official Investors and Exporters window, despite reduction on forex...

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