Dollar to Naira exchange rate today
The Naira continues to trade under pressure against the United States Dollar, British Pound, and Euro. For individuals and businesses alike, keeping an eye on the daily exchange rate has become essential, especially as differences remain between the Central Bank of Nigeria (CBN) official rate and what is obtainable in the parallel market. How Much […]
Naira appreciates to N1,560/$ in parallel market
By Elizabeth Adegbesan THE naira yesterday appreciated to N1,560 per dollar in the parallel market from N1,565 per dollar on Monday.But the Naira depreciated to N1,530.5 per dollar in the Nigerian Foreign Exchange Market (NFEM). Data published by the Central Bank of Nigeria, CBN, showed that the exchange rate for the naira rose to N1,530.5 […]
Banks resume international transactions on Naira ATM cards
“You now have a quarterly limit of $1,000 on your GTBank Naira Card to pay for all your favourite things anywhere in the world”
Naira depreciates to N1,585/$ in parallel market
By Elizabeth Adegbesan The naira yesterday depreciated to N1,585 per dollar in the parallel market from N1,570 per dollar on Monday. But the Naira appreciated to N1,527 per dollar in the Nigerian Foreign Exchange Market (NFEM). Data published by the Central Bank of Nigeria, CBN, showed that the exchange rate for the naira fell to […]
Naira strengthens steadily against Dollar
The Naira, which has seen steady appreciation against the Dollar all week, closed stronger on Friday, trading at ₦1,580.44 in the official forex market. Data from the Central Bank of Nigeria’s website show the Naira gained ₦4.51k against the Dollar on Friday alone. This marks a 0.28 per cent appreciation from Thursday’s closing rate of […]
Naira rises to N1,620/$ in parallel market
By Elizabeth Adegbesan THE naira yesterday appreciated to N1, 620 per dollar in the parallel market from N1,625 per dollar on Monday. But the Naira depreciated to N1,598.69 per dollar in the Nigerian Foreign Exchange Market (NFEM), Data published by FMDQ showed that the exchange rate for the naira rose slightly to N1,598.69 per dollar […]
75% of goods from Benin ports bound for Nigeria — Reps Speaker
•Vows to back reforms to simplify trade regulations By Yinka Kolawole The Speaker, House of Representatives, Tajudeen Abbas, has said that more than 75 percent of goods offloaded in the Benin Republic ports are bound for Nigeria, blaming inefficiencies and high costs at Nigerian ports. Abbas stated this when he received a delegation from the Presidential […]
Naira depreciates to N1,635/$ in parallel market
By Elizabeth Adegbesan The naira yesterday depreciated to N1, 635 per dollar in the parallel market from N1,625 per dollar on Tuesday. The Naira has recorded a 1.8 percent or N29 depreciation in the parallel market from the beginning of this month till date. However, the Naira appreciated to N1,596 per dollar in the Nigerian […]
Cartoon: Wrong target, as inflation run away
Cartoon: Wrong target, as inflation run away
Naira-for-crude deal continues, says FG
According to the ministry, the stakeholders reaffirmed the government’s continued commitment to the full implementation of this strategic initiative, as directed by the Federal Executive Council (FEC).
VANGUARD ECONOMIC DISCOURSE: Interest, exchange rates, others sustain pressures on businesses, households — ASBON boss
By Emeka Anaeto, Business Editor Inflationary pressures coupled with foreign exchange volatility, and high interest rates have continued to strain businesses and households in Nigeria. Stating these at the backdrop of the upcoming Vanguard Economic Discourse, Dr. Femi Egbesola, President, Association of Small Business Owners of Nigeria (ASBON), added that amongst the key macroeconomic headwinds […]
