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 $1 at the official market. This implies a N0.50 or 0.12…
Naira depreciates further, exchanges at N420.33 against the dollar
The naira, on Thursday, exchanged at 420.33 to the dollar at the Investors and Exporters window, compared to 419.25 traded on Wednesday, representing 0.26 per cent depreciation. The open indicative rate closed at N417.70 to the dollar on Thursday. An…
Naira gains against dollar at Investors and Exporters window
The Naira on Tuesday appreciated at the Investors and Exporters window, exchanging at N418.25 to the dollar. The Naira gained 0.18 per cent to the dollar, compared with the N419 traded on Monday. The open indicative rate closed at N417.70…
Dollar hits N575 two days after Aboki FX update suspension
The dollar rose to between N572 and N575 in different parts of the country on Monday barely two days after online platform, Aboki FX, stopped providing updates on the exchange rate. Our correspondent, who visited the ever-busy Wuse Zone 4…
China & Russian-led EEU bloc to replace trade in dollar & euro with domestic currencies
The Eurasian Economic Union (EAEU), an analogue to the EU in the post-Soviet space, should begin using its own currencies in trade, rather than the Euro and Dollar, which dominate commerce between the member states and China. That’s a consensus…
Nigeria naira depreciates to N362.19/$ in I&E Window
The Naira, Thursday, depreciated to N362.19 in the Investors and Exporters (I&E) window. Data from FMDQ showed that the indicative exchange rate for the window rose to N362.19 per dollar Thursday from N362.08 per dollar on Wednesday, indicating 11 kobo…