Tag: dollar
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…
Oil prices rise, Dollar yield grows
The U.S. dollar held near 14-year peaks on Wednesday as global yield spreads moved inexorably in its favour, while a…
Naira falls as dollar scarcity worsens
The Naira on Friday fell at the parallel market as dollar scarcity worsened ahead of the Christmas season. The Nigerian…
Naira stabilises at N485 per dollar at parallel market
The Naira on Friday remained stable at the parallel market, exchanging at N485 to a dollar. The Pound Sterling and…
Naira firms against dollar
The Naira on Wednesday appreciated against the dollar in all the segments of the foreign exchange market, the News Agency…
Naira strengthens against dollar at interbank market
The Naira on Friday appreciated against the dollar at the interbank market, after sustaining losses for two days. The Nigerian…
Naira gains marginally at the interbank market
The Naira on Monday appreciated marginally at the interbank market, gaining N0.57 against the dollar. The Nigerian currency closed at…
Naira slides further, now N400 to one Dollar
The Naira on Wednesday dipped further against the dollar at the parallel market. The Nigerian currency exchanged at about N400…
Naira suffers further loss against dollar
The Naira on Friday suffered further loss against the dollar at the parallel market as it lost one point to…
Naira falls against Dollar
The Naira on Monday depreciated against the dollar at the parallel market. The Nigerian currency lost N3 to exchange at…
Naira strengthens against dollar
The Naira on Wednesday appreciated against the dollar at the parallel market. The Nigerian currency on Wednesday afternoon gained 5…
Naira falls again, now N380 to dollar
The Naira on Monday depreciated further against the dollar at the parallel market. The Nigerian currency exchanged at N380 to…
Naira stable against dollar as CBN meets over economy
The Naira on Monday remained stable at the parallel market. The Nigerian currency maintained N378 to the dollar at the…
Naira weakens against dollar
The Naira on Monday weakened slightly against the dollar at the parallel market. The Nigerian currency shed 1 point to…
Naira consolidates against dollar
The Naira on Tuesday appreciated further against the dollar at the parallel market. The Nigerian currency gained N9 at the…
Oil prices boosted by dollar slump
Oil prices pushed higher Monday thanks to a softer dollar after last week’s disappointing US jobs report, but gains were…
Naira stabilizes at N350 to a dollar
The Naira on Friday remained stable at the parallel market, exchanging at N350 to the Dollar, the News Agency of…