Official market – Page 5 of 8 – Prime Business Africa

Naira Strengthens To N1,576 As Dollar Supply Rises

Naira Gains Against Dollar In Black Market, Official Market

The exchange rate between the naira and the dollar depreciated in the black market and the official channel on Wednesday, 18 January 2023. In the official market, the naira held on against

Fakoyejo Olalekan

2 years ago

Business·Currency

Official Dollar Rate Falls, As Peter Obi Refuses To Blame Emefiele For Naira’s Crash

The naira appreciated in value in the official market on Monday, 16 January 2023, as Peter Obi absolved the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, of the exchange

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

Dollar Rate Rises As CBN Finds It Difficult To Supply Forex

The naira couldn’t hold its ground against the dollar on Friday, 13 January 2023, depreciating in value by 0.16 per cent, data from the FMDQ Exchange has shown. According to the data

Fakoyejo Olalekan

2 years ago

Naira Slips Again As Dollar Supply Drops

Business·Currency

Dollar Rate Falls In Official Market, Oil Marketer Blames Forex For Fuel Scarcity

The naira rose in value in the Investors’ and Exporters’ window of the official market on Thursday, January 12, 2023, as the dollar fell by -0.16 per cent in value. At the

Fakoyejo Olalekan

2 years ago

Business·Currency

Black Market Operators Offer To Buy Dollar Above CBN’s Official Market Rate

The Bureau De Change operators retained the exchange rate between the naira and the dollar in the black market at N288 above that of the official market. According to some Bureau De

Fakoyejo Olalekan

2 years ago

Business·Currency

Forex Supply Falls In Official Market, As Dollar Trades At N461.67, Pound Rises

The supply of foreign exchange (forex) fell by 40.3 per cent in the official market on Monday, as the exchange rate stabilises in the window backed by the Central Bank of Nigeria

Fakoyejo Olalekan

2 years ago

Business·Currency

BDC Operators Fix Dollar Rate Below N800, Set N900 For Pound

The exchange rate between the naira and the dollar settled below N800 on Monday in the Bureau De Change window of the black market. According to some Bureau De Change operators that

Fakoyejo Olalekan

2 years ago

Business·Currency

Official Market Traders Increase Dollar Rate, As Supply Falls

The cost of buying the United States dollar (USD) increased on Wednesday in the official market, indicating demand remains higher than supply. In the investors and exporters window of the official market,

Fakoyejo Olalekan

2 years ago

Business·Currency

Naira Gains In Official Market As Dollar Rate Falls Ahead Of CBN Deadline

The naira appreciated in the official market on Tuesday, December 3, 2023, as the Central Bank of Nigeria (CBN) backed foreign exchange channel resumed for forex trading. After trading hours, the dollar exchanged

Fakoyejo Olalekan

2 years ago

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

Business·Currency

Bureau De Change Operators Sell One Dollar Below N750

The Bureau De Change window of the black market kept the exchange rate of the naira to dollar below N750 on Tuesday, January 3, 2023. After a one-day public holiday to celebrate

Fakoyejo Olalekan

2 years ago

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Official market - Page 5

Naira Gains Against Dollar In Black Market, Official Market

Official Dollar Rate Falls, As Peter Obi Refuses To Blame Emefiele For Naira’s Crash

Dollar Rate Rises As CBN Finds It Difficult To Supply Forex

Dollar Rate Falls In Official Market, Oil Marketer Blames Forex For Fuel Scarcity

Black Market Operators Offer To Buy Dollar Above CBN’s Official Market Rate

Forex Supply Falls In Official Market, As Dollar Trades At N461.67, Pound Rises

BDC Operators Fix Dollar Rate Below N800, Set N900 For Pound

Official Market Traders Increase Dollar Rate, As Supply Falls

Naira Gains In Official Market As Dollar Rate Falls Ahead Of CBN Deadline

Bureau De Change Operators Sell One Dollar Below N750

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