Black Market – Page 6 of 8 – Prime Business Africa

Naira Gains More As Exchange Rate Drops To N1,300/$1 At Official Market

Naira Sustains Slow Recovery, As Dollar Goes For N772

The naira appreciated on Thursday against the dollar in the black market, as the exchange rate between both currencies went down by 0.39 per cent. This means that the rate to exchange

Fakoyejo Olalekan

2 years ago

Business·Insights

5 Major Reasons Naira Won’t Recover Soon

The naira might not recover anytime soon against the dollar due to five factors within and beyond the control of the Central Bank of Nigeria (CBN). In the past week, the chairman

Fakoyejo Olalekan

2 years ago

Naira Ends Week With N59.71 Gain At Official Market

Business·Currency

Dollar Rate Stable At Black Market, Falls In Official Channel After EFCC’s Prediction

The black market reports exchange rate stability between the naira and the US dollar on Thursday, while the Nigerian currency appreciated at the official window. Bureau De Change operators at the parallel

Fakoyejo Olalekan

2 years ago

Business·Currency·Insights

6 Reasons Naira Gains, Loses In Black Market

In the second week of November, the naira gained significantly against the United States dollar (USD) in black market after a free fall in last week of October and first week of

Fakoyejo Olalekan

2 years ago

Business·Currency

Dollar Rate Falls In Black Market, As Naira Prepares For Highest Devaluation

The exchange rate between the naira and the dollar fell in the black market on Wednesday, as the Nigerian currency appreciates by 1.25 per cent. This represents a N10 loss in the

Fakoyejo Olalekan

2 years ago

Obi, Atiku, Tinubu's Economic Plans To Create Highest Naira Devaluation

Business·Insights

Obi, Atiku, Tinubu’s Economic Plans Still Prone To Naira Devaluation

Next year, Nigeria’s currency, the Naira, will record its highest devaluation in recent years, ushering the country into a single foreign exchange market after years of operating a multiple exchange rate regime.

Fakoyejo Olalekan

2 years ago

Business·Currency

Dollar Rate Rises By N100 In Black Market, As Naira Ends Gain

The naira couldn’t hold on to the gains of last week, as the dollar rate increased by N100 in the black market, representing -17.6 per cent decline in the value of the

Fakoyejo Olalekan

2 years ago

Business·Currency

Dollar Trades For N445.67 In Official Market, Black Market Offers USD At N850

The naira appreciated by 0.09 per cent against the dollar on Wednesday in the official foreign exchange market backed by the Central Bank of Nigeria (CBN). Data obtained from the FMDQ Exchange

Fakoyejo Olalekan

2 years ago

Business·Currency

Naira appreciates, As Bureau De Change Sells One Dollar At N800

The Nigerian currency, naira, appreciated against the United States dollar on Wednesday according to a Bureau De Change operator in the black market. Prime Business Africa was told by the Bureau De

Fakoyejo Olalekan

2 years ago

Business·Currency

Bureau De Change Operators Sell Dollar At N900, As Scarcity Affects Nigerians

The naira and dollar exchange rate traded flat on Monday in the official foreign exchange market of the Investors and Exporters window. Data obtained showed that the naira maintained stability against the

Fakoyejo Olalekan

2 years ago

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Black Market - Page 6

Naira Sustains Slow Recovery, As Dollar Goes For N772

5 Major Reasons Naira Won’t Recover Soon

Dollar Rate Stable At Black Market, Falls In Official Channel After EFCC’s Prediction

6 Reasons Naira Gains, Loses In Black Market

Dollar Rate Falls In Black Market, As Naira Prepares For Highest Devaluation

Obi, Atiku, Tinubu’s Economic Plans Still Prone To Naira Devaluation

Dollar Rate Rises By N100 In Black Market, As Naira Ends Gain

Dollar Trades For N445.67 In Official Market, Black Market Offers USD At N850

Naira appreciates, As Bureau De Change Sells One Dollar At N800

Bureau De Change Operators Sell Dollar At N900, As Scarcity Affects Nigerians

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