Banks now selling dollar at N750 in Nigeria

Barely five days after the suspension of Godwin Emefiele as Central Bank of Nigeria (CBN) governor, reports indicate that the Apex bank has given commercial banks and dealers in the forex market the green light to sell forex freely, at…

Naira gains against dollar by 0.03%

The naira appreciated against the dollar on Friday, exchanging for N461.38 at the investors’ and exporters’ window. The rate represented an increase of 0.03 per cent when compared to the N461.50 it exchanged to the dollar on Thursday. The open…

Naira gains 0.14% at investors, exporters window

Naira exchanged at N461.35 to the dollar at the Investors and Exporters window on Wednesday. The rate represented an appreciation by 0.14 per cent compared with the N462 for which it exchanged to the dollar on Tuesday. The open indicative…

Naira begins new week on positive note, exchanges at N461 to dollar

The naira on Monday exchanged at N461 to the dollar at the Investors and Exporters window. The figure represented an appreciation by 0.11 per cent compared with the 461.50 it exchanged for, at the close of business on February 10.…

Naira gains 0.07% at Investors, Exporters window

The naira on Thursday exchanged at 461.17 to the dollar at the Investors and Exporters window. The figure represented an appreciation by 0.07 per cent compared to  the 461.50 it exchanged rate on Wednesday. The open market  indicative rate closed…

Naira gains, exchanges at N421.25 to dollar at Investors and Exporters window

The Naira on Friday appreciated at the Investors and Exporters window, exchanging at N421.25 to the dollar, a 0.30 per cent appreciation against N422.50 traded on Thursday. The open indicative rate closed at N419.34 to the dollar on Friday. An…

Naira tumbles as politicians hold convention

Naira fell against the U.S. dollar at the official market on Monday, Data posted by FMDQ, where forex is officially traded, showed that the currency closed at N420.25 per $1 at the official market. This implies a N0.50 or 0.12…

Naira depreciates further, exchanges at N420.33 against the dollar

The naira, on Thursday, exchanged at 420.33 to the dollar at the Investors and Exporters window, compared to 419.25 traded on Wednesday, representing 0.26 per cent depreciation. The open indicative rate closed at N417.70 to the dollar on Thursday. An…

Naira gains against dollar at Investors and Exporters window

The Naira on Tuesday appreciated at the Investors and Exporters window, exchanging at N418.25 to the dollar. The Naira gained 0.18 per cent to the dollar, compared with the N419 traded on Monday. The open indicative rate closed at N417.70…

Dollar hits N575 two days after Aboki FX update suspension

The dollar rose to between N572 and N575 in different parts of the country on Monday barely two days after online platform, Aboki FX, stopped providing updates on the exchange rate. Our correspondent, who visited the ever-busy Wuse Zone 4…

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