Tag: dollar
Naira crumbles to dollars again
Nigeria's naira slid pass N400 on the black market on Friday amid tight dollar supply, despite a series of currency…
Dollars: High demand raises rate to N380
Increasing demand for the dollar at the parallel market on Thursday resulted in the rise of the greenback currency to…
Banks to sell dollars at N360 for school fees, medical bills
The Central Bank of Nigeria, CBN, on Monday directed commercial banks in the country to start selling the naira at…
Naira records 12.36 % rise in one week
The Naira recorded an appreciation of 12.36 per cent at the parallel market in the last one week.
Naira sells at N400 to dollar
The Naira on Thursday was sold at N400 to a dollar at the parallel Market.
Naira Gains More Strength, Now N400 To Dollar
Following the Central Bank of Nigeria’s (CBN) intervention in foreign exchange (forex), the Naira traded N400 to a dollar at…
Naira consolidates gain against dollar
The Naira on Thursday consolidated its gains against the dollar at the parallel market, the News Agency of Nigeria (NAN)…
Naira gains against Dollars again
The Nigerian currency exchanged at N462 to a dollar, after it closed at N465 on Wednesday, while the Pound Sterling…
Naira depreciates, sells at N465/$
The Naira on Friday depreciated against the dollar at the parallel market after posting days of appreciation.
Dollar crash: Cost of building materials remain high
The prices of building materials have remained unchanged in spite of the naira appreciating in value at the foreign exchange…
CBN boosts sales of dollars to strengthen Naira
Nigeria central bank said on Monday it sold $80 million to retail customers and another $100 million in currency forwards…
South African rand high against U.S. dollar
South Africa’s rand touched a 16-month high against the dollar early on Wednesday on improved risk appetite with investors eyeing…
Dollar slips, shares unstable after Trump’s protectionist address
The dollar slid broadly on Monday after U.S. President Donald Trump struck a protectionist tone in his inauguration speech, prompting…
Expensive dollar responsible for high kerosene price
Alhaji Olanrewaju Okanlawon, a factional Chairman of the Independent Petroleum Marketers Association of Nigeria (IPMAN), in Kwara has ascribed the…
Gold slips as dollar keeps pressure on prices
Gold fell on Tuesday as the dollar’s buoyant start to the new year kept the pressure on prices after the…