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Naira slips further at black market

Naira depreciated at the unofficial market on Wednesday to N1,050 per $1. The Naira fell substantially against the United States dollar at the unofficial market on Wednesday, market data published by AbokiFX, a website that collates market data in Lagos, showed

FG plans to fill the gap between Naira/ Dollars on Forex market

In order to support the continuous estimate of NAIRA compared to the dollar, as it reached the minimum record in third place, and reached a record of $ 1,310/dollars, the federal government began the moves to fill the gap. Our correspondent has learned from

What's The Real Value of the Naira?

Based on wetin I dey see, the real value of the dollar should be pegged at around N3000 . Some say it could even be N5000 . The Nigerian government has been using money to suppress and delay it, but it's definitely headed there. Now, the problem is not the

Naira strengthens further as dollar liquidity rises by 92.92%

The official foreign exchange (FX) market recorded a significant increase in dollar liquidity, which helped to strengthen the naira further on Tuesday. Nigerian Naira gained 3.71 percent as the dollar was quoted at N806.73 on Tuesday compared to N837.77 quoted

Reactions As Naira Rises Against USD Again At Official Market

As reported by Newsmen, the naira experienced a slight appreciation against the United States dollar, reaching N1,609 on Wednesday at the official market, compared to the previous day's N1,615.94, marking a 0.37% increase or N6. This modest improvement follows

Dollar To Naira Rate Today January 19th, 2024

What is the black market Dollar to Naira exchange rate today 19th January, 2024? The Eagle reports that the unofficial trading market (black market) operators in Lagos and Abuja are trading Dollar to Naira at N1340/$ today, 19th January, 2024. The local currency

Naira appreciates massively against US dollar at forex market

The Naira appreciated massively against the US Dollar at the foreign exchange market on Tuesday. Data from FMDQ showed that the Naira depreciated to N878.61 on Tuesday from N925.45 on Monday. The figure represents N46.73 gain or a 5.05 per cent gain to close

NAIRA Rates against the USD, GBP, EURO today January 25, 2024

USD is being traded at ₦1,375 in Black Market (Lagos) today, Thursday, January 25, 2024. USD has been traded at ₦1362 when Black Market opened this week on Monday, January 22, 2024. This makes it -13.61% decline for United States Dollar against Naira this

Black Market Dollar to Naira Exchange Rate Today 12 March 2024

Black Market Dollar to Naira Exchange Rate Today 12 March 2024 Can Be Accessed Below. Torizone reports that the exchange rate between the naira and the US dollar today, 12 March 2024 on the black market, opened at an average of N1,615/$1. This report is according

BREAKING: Again, Dollar crashes massively against Naira

The exchange rate for the dollar plummeted to N1,000 on Monday, causing a surge in the value of the naira as speculators unloaded their hoarded foreign currency on the parallel market, commonly known as the black market. The naira, which had closed at N1,480

Nigerians are worse than the government

A social media influencer has criticized the constant rise in the price of goods and described Nigerians as the government's worst offshoots. He noted that the current market price for goods has not reflected the drop in dollar rates. In an "X" post, Babatunde

Naira appreciates against US dollar at forex market

The Naira appreciated against the US dollar at the official foreign exchange market. Official data from FMDQ disclosed that it appreciated N844.85/$1 at the close of work on Monday. The figure represents 5.15 per cent increase compared to the N888.35/$1 quoted
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