Official market – Page 3 of 8 – Prime Business Africa

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

Naira Falls To Dollar, As CBN’s 18% MPR Set To Affect Imported Goods

FMDQ Exchange, the official foreign exchange (Forex) rate tracker, has revealed that the Dollar rate in the widow backed by the Central Bank of Nigeria (CBN) closed at N462/$1 on Tuesday, 21 March

Fakoyejo Olalekan

2 years ago

Naira Ends Week With N59.71 Gain At Official Market

Business·Currency

Dollar Rate Falls, Investors, Exporters Trade $125.66m Foreign Exchange

In the official market, the Dollar rate depreciated by N0.33 kobo, indicating the Naira’s value in the Investors and Exporters window appreciated by 7.15 per cent. The Naira gained against the Dollar

Fakoyejo Olalekan

2 years ago

Naira Appreciates To N869/$1 As Experts Debate Stability

Business·Currency

Dollar Rate Rises In Black Market, Drops In CBN’s Official Market

The Dollar rate in the Investors and Exporters window of the official market increased by N0.91 kobo, indicating the Naira depreciated in value by -0.19 per cent on Thursday, 16 March 2023.

Fakoyejo Olalekan

2 years ago

Business·Currency

Black Market’s Dollar Rate Now N290 Above Official Market

The Naira to Dollar exchange rate in the official market depreciated on Tuesday, 14 March 2023, as the Nigerian currency regains some value lost to the United States legal tender in the

Fakoyejo Olalekan

2 years ago

Naira Strengthens To N1,576 As Dollar Supply Rises

Business·Currency

Naira Depreciates, As Several Factors Support Rise In Dollar Rate

The value of the Naira depreciated further in the official market on Monday, 13 March 2023, as the United States Dollar strengthened in the foreign exchange (forex) market. At the close of

Fakoyejo Olalekan

2 years ago

Naira Appreciates At Official Market As Dollar Supply Rises On Friday

Business·Currency

Naira Weakens, Dollar Rate Rises In Official Market

Traders and investors exchanged the Naira and Dollar at N461.50/$1 on Friday, 10 March 2023, the FMDQ Exchange data has disclosed. The foreign exchange (Forex) rate rose from N461.00/$1 reported on Thursday,

Fakoyejo Olalekan

2 years ago

CBN Releases Another Around Of $10,000 FX To Each BDC, Mandates Them To Sell At N1,117/$1

Business·Currency

Official Market’s Dollar Rate Falls, Projected To Rise After Presidential Election

The Dollar rate in the Investors and Exporters (I&E) window of the official market closed down at N461.25 on Wednesday, 8 March 2023. According to data from FMDQ Securities, the exchange rate

Fakoyejo Olalekan

2 years ago

Business·Currency

Dollar Rate Rises In Official Window, Falls In Black Market

The value of foreign exchange (Forex) transacted on Thursday, 3 March 2023, dropped when compared to the previous day’s transaction. In the foreign exchange data obtained from FMDQ Securities, a firm that

Fakoyejo Olalekan

2 years ago

Moghalu, British Gov’t Support Tinubu’s Fuel Subsidy Removal, Forex Reforms

Business·Currency

Mixed Fortunes For Forex Markets: How Tinubu’s Win Will Affect Dollar Rate

The United States Dollar (USD) gained against the Naira in the black market on Thursday, 2 March 2023, as the exchange rate appreciated by 1.05 per cent. During trading in the Bureau

Fakoyejo Olalekan

2 years ago

Business·Currency

Cost Of Dollar Falls In Black Market, Investors Trade More USD

The value of the United States Dollar (USD) dropped in the black market on Monday, 27 February 2023, as the Naira appreciates by 0.26 per cent. It was gathered that the cost

Fakoyejo Olalekan

2 years ago

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Official market - Page 3

Naira Falls To Dollar, As CBN’s 18% MPR Set To Affect Imported Goods

Dollar Rate Falls, Investors, Exporters Trade $125.66m Foreign Exchange

Dollar Rate Rises In Black Market, Drops In CBN’s Official Market

Black Market’s Dollar Rate Now N290 Above Official Market

Naira Depreciates, As Several Factors Support Rise In Dollar Rate

Naira Weakens, Dollar Rate Rises In Official Market

Official Market’s Dollar Rate Falls, Projected To Rise After Presidential Election

Dollar Rate Rises In Official Window, Falls In Black Market

Mixed Fortunes For Forex Markets: How Tinubu’s Win Will Affect Dollar Rate

Cost Of Dollar Falls In Black Market, Investors Trade More USD

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