Official market – Page 7 of 8 – Prime Business Africa

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

Black Market Increases Dollar Rate Amid Probe Of CBN’s Cash Withdrawal Policy

The FMDQ Securities Exchange has revealed that the dollar rate in the Investors and Exporters (I&E) window of the official market rose 0.09 per cent. Prime Business Africa gathered from FMDQ Securities

Fakoyejo Olalekan

2 years ago

Naira Slips Again As Dollar Supply Drops

Business·Currency

Naira Falls Again, Official Market Traders Increase Dollar Rate

There seems to be no end to the depreciation of naira in the official market, as the dollar rate rises by 0.11 per cent, with traders adding 50 kobo to their asking price

Fakoyejo Olalekan

2 years ago

Naira Strengthens To N1,576 As Dollar Supply Rises

Business·Currency

Dollar Rate Rises Again As CBN Speaks On Cash Withdrawal Limits

The naira continued its free fall on November 8 in the official market of the Investors & Exporters window after the dollar appreciated by 0.03 per cent. According to FMDQ’s exchange rate

Fakoyejo Olalekan

2 years ago

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

Business·Currency

Black Market Increases Dollar Rate, As CBN Reduces Naira Circulation

The naira weakened against the dollar on Wednesday in the black market, as the cost of purchasing the United States currency went up by 4.2 per cent. In the parallel market, the dollar

Fakoyejo Olalekan

2 years ago

Business·Currency

Naira Gains Big, As Dollar Rate Crashes In Black Market, CBN-backed Window

The dollar rate in the Bureau De Change-controlled ‘black market’ fell on Monday, as the naira appreciated by -0.5 per cent, to strengthen its position against the American greenback. The Nigerian appreciated

Fakoyejo Olalekan

2 years ago

Business·Currency

Dollar Rate Rises In Official Market, CBN’s Emefiele Blames Nigerians Abroad

The dollar rate was in opposite directions at the black and official markets on Friday, as the currencies continued to react to the emergence of new naira notes. In the parallel market,

Fakoyejo Olalekan

2 years ago

Business·Currency

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

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Official market - Page 7

Black Market Increases Dollar Rate Amid Probe Of CBN’s Cash Withdrawal Policy

Naira Falls Again, Official Market Traders Increase Dollar Rate

Dollar Rate Rises Again As CBN Speaks On Cash Withdrawal Limits

Black Market Increases Dollar Rate, As CBN Reduces Naira Circulation

Naira Gains Big, As Dollar Rate Crashes In Black Market, CBN-backed Window

Dollar Rate Rises In Official Market, CBN’s Emefiele Blames Nigerians Abroad

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

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