Naira

Naira drops to at parallel market

Naira on Wednesday weakened against the dollar at the parallel section of the foreign exchange market. Bureaux De Change operators (BDCs), popularly known as ‘abokis’, who spoke to journalits in Lagos, said the local currency depreciated by N15 or 2.3…

Naira constant, exchanges at N428.12 to dollar

The Naira on Friday remained constant exchanging at N428.12 to the dollar at the Investors and Exporters window. The local currency remained unchanged at N428.12 to the dollar, same as the N428.12 traded on Thursday. The open indicative rate closed…

ABCON urges CBN to float Naira 

The Association of Bureaux Des Change Operators of Nigeria (ABCON) has urged the Central Bank of Nigeria (CBN) to float the Naira to halt its further depreciation. The President of ABCON, Alhaji Aminu Gwadabe, made the appeal on Saturday in…