Search Results for: FMDQ Exchange
- News Jul 7, 2020
Nigeria Central Bank Devalues Official Exchange Rate by 5.5%
The Nigerian central bank has devalued its official exchange rate by 5.5% to 381 naira to the dollar from 360…
- News Nov 16, 2024
Naira depreciates further against dollar despite increased turnover
Nigeria’s local currency, the Naira, recorded a slight depreciation on Friday, trading at ₦1,652.25 against the American U.S. dollar at…
- News May 16, 2024
Naira strengthens against dollar by N61.38 at official market, weakens at parallel market
The Naira on Wednesday appreciated at the official market, trading at N1,459.02 to the dollar. Data from the official trading…
- News May 9, 2024
Naira continues to depreciate at official market
On Wednesday, the Naira slightly dropped at the official market and was trading at N1,421.06 to the dollar. Data from…
- News May 8, 2024
Naira slides by 4.6% against dollar at official market
The Naira on Tuesday depreciated at the official market, trading at N1,416.57 to the dollar. Data from the official trading…
- News May 1, 2024
Naira rebounds, gains N28.15 against dollar
The Naira ended April on a positive note, strengthening by N28.15 against the dollar to trade at N1,390.96. Data from…
- News Apr 30, 2024
Naira slides by 6% against dollar at official market
The Naira took another dip in value at the official market on Monday trading at N1,419.11 to the dollar. Data…
- News Apr 6, 2024
Naira gains strength against dollar by 0.32%
On Friday, the Naira demonstrated strength at the official market, with a trading rate of ₦1,251.05 against the dollar. Data…
- News Oct 29, 2024
Naira appreciates by 2.4% against dollar at official market
On Tuesday, the Naira experienced an appreciation in the official market, trading at N1,630.45 to the dollar. This positive movement…
- News Jul 11, 2024
Naira hits lowest since March, trades at N1,561.98 / $
On Wednesday, the naira hit its lowest point against the dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEM) window.…
- News Jun 27, 2024
Naira continues to fall, hits N1510/$ in parallel market
As of Wednesday 27th of June, the Naira declined in the parallel market, dropping to N1,510 per dollar from N1,500…
- News Apr 4, 2024
Naira continues to gain against Dollar, hits 1,262/$
On Wednesday, the Nigerian naira sustained its upward trend against the United States dollar, gaining value at both the official…
- News Feb 28, 2024
“FG, CBN are clueless, dollar will sell for N5,000 under Tinubu” — Deji
Activist Deji Adeyanju has made a prediction about the Dollar selling for 5,000 under President Bola Tinubu’s administration. According to…
- News Feb 21, 2024
“You’ll see miracle if you pray and fast for Naira” – Shehu Sani tells Muslims, Christians
With the ongoing decline in the value of Naira, Shehu Sani, a former lawmaker and social critic, is urging Nigerian…
- News Jun 14, 2023
Nigerian banks can now trade forex at any rate ― CBN
The Central Bank of Nigeria, CBN has given Nigerian commercial banks the go-ahead to freely trade foreign exchange at any…