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Tag: parallel market

Naira

Business

Naira appreciates to N1,392/$ in parallel market amid rising Inflation

In the parallel market, the local currency rose to N1,392 per dollar, up from N1,396 per dollar recorded on Tuesday.
Stronger reserves and sweeping FX reforms are giving CBN room to stabilise the naira, protect investment flows and domestic production

Business

Naira weakens further, hits N1,040/$1 in parallel market

The disparity between the official and parallel market rates has expanded to approximately 26%, equivalent to N265/$1. This stands in…

News

Naira sustains free fall at parallel market

The Naira on Monday sustained its free fall at the parallel market, defying attempts by the CBN to awash the…

News

Naira gains against dollar at parallel market

The Naira on Tuesday gained one kobo to exchange at N359 to the dollar, stronger than N360 posted on Monday.

News

Naira gains marginally against dollar

The Naira on Wednesday gained marginally against the dollar at the parallel market in Lagos, the News Agency of Nigeria…

News

Naira appreciates marginally against dollar

The Naira appreciated marginally on Thursday at the parallel market in Lagos, exchanging at N358 to the dollar against N358.5…

News

Naira maintains N360/dollar at parallel market

The Naira maintained N360 to the dollar at the parallel market on Monday in Lagos, the News Agency of Nigeria…

News

Naira hedges against dollar at parallel market

The Naira on Wednesday exchanged at N359.80 to the dollar at the parallel market in Lagos gaining 20 kobo from…

News

Naira weakens against dollar

The Naira on Wednesday fell by one point exchanging at N361.5 to the dollar at the parallel market in Lagos,…

News

Naira appreciates against dollar at parallel market

The Naira on Thursday appreciated against the dollar at the parallel market in Lagos, the News Agency of Nigeria (NAN)…

News

Naira dips marginally against dollar at parallel market

The Naira on Tuesday depreciated marginally against the dollar at the parallel market, exchanging at N361.20 to the dollar. The…

News

Naira maintains N361.50 per dollar at parallel market

The Naira on Wednesday exchanged at N361.50 to the dollar at the parallel market, maintaining same rate for the past…
CBN says old naira notes remain legal tender

News

Naira Rises As Dollar Crashes At Parallel Market

The Naira on Friday sustained its gains against the dollar as liquidity boost by the Central Bank of Nigeria (CBN)…
CBN says old naira notes remain legal tender

Business, Metro, News

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…
CBN says old naira notes remain legal tender

Business, Metro, News

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…