Naira

Naira falls to N575/$1 at parallel market

The exchange rate between Naira and other major currencies dropped significantly on Thursday as the naira sold high as N575/$1 at the parallel market. Naira depreciated against the US dollar from N570 to a dollar on Wednesday to trade at…

Forex turnover falls to lowest in three months

The exchange rate between the naira and the US dollar closed at N416.33/$1 at the official Investors and Exporters (I&E) window. Naira depreciated against the US dollar during the weekend with a 0.06% fall to close at N416.33/$1 compared to…

Naira remains stable across FX markets

The exchange rate between the naira and the US dollar closed at N415.75/$1 at the official Investors and Exporters (I&E) window. Naira depreciated against the US dollar on Tuesday with a 0.1% downtrend to close at N415.75/$1 compared to N415.33/$1…