Tag: dollars, Naira
Naira exchanges for 509/$1 at parallel market
The naira held steady against the greenback at the parallel market from the 509/$1 at which it closed on Friday. On the Investors and Exporters’ window, it opened at...
Again,Naira slumps to N523 against Dollar at parallel market
The naira continued it’s free fall as it slumped further to 523/$ at the parallel market on Wednesday, a day after the Central Bank of Nigeria...
Naira nose dives further to N504/$ at parallel market
The Nigerian currency continue it’s downward fall as it exchanged to the dollar at N504 at the parallel market on Friday, according to the Bureau de...
Nigeria’s new forex policy: Death knell for the naira?
By Marcel Okeke Since the onset of the novel coronavirus (covid-19) pandemic about one year ago, Nigeria’s monetary and fiscal authorities have been churning...
Dangote Refinery to sell refined crude to FG in Naira – Emefiele
….To buy crude from NNPC in Naira The Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele, says arrangement is being made to enable the Dangote Refinery...
Naira sells for N480 to $1
The scarcity of dollars at the parallel market on Tuesday in Lagos forced the Naira down to N480 to a dollar. The News Agency of Nigeria (NAN) reports that the...
Naira may fall to N550/$1- Goldman Sachs
………..Firm believes Nigeria will devalue past N500 between 12-18 months. A leading global investment banking firm, Goldman Sachs Group, this week,...
Naira weakens marginally to dollar
Now N472.5/$, N582/£, N530/€ Naira exchanges N472 to dollar at parallel market Naira and dollars The Naira, on Friday, weakened marginally against the dollar at both...
UBA rains naira on 100 customers, rewards them with N.1m each
Leading financial institution, United Bank for Africa (UBA) Plc has rewarded 100 loyal customers with N100,000 each in the UBA Bumper account draw. The draw, which took...
Naira closes N359 to Dollar at parallel market
Naira closes N359 to Dollar at parallel market The naira on Monday traded at N359 to the dollar at the parallel market in Lagos. The pound sterling and the euro...
