Naira trades to dollar at 1,515/$ in parallel marketThe naira on Monday extended depreciation against the dollar falling to 1,515 on the parallel market, popularly called...
The naira, Nigeria’s currency, on Wednesday, strengthened to N1,250 to a dollar, gaining 0.8 percent (N10) over N1,260 closed on Tuesday at the parallel market, popularly...
Following the Easter holiday break, the foreign exchange (FX) market reopened on Tuesday with a notable surge in the value of the Naira against the US...
Contrary to circulating reports on social media platform X (formerly Twitter), Bureau De Change (BDC) operators have vehemently denied claims of the dollar selling at N1,000...
By Sodiq Adelakun The US Dollar experienced a significant crash on Wednesday, dropping by 6.45 percent against the Nigerian Naira on the parallel market, commonly known...
By Sodiq Adelakun Persistent demand pressures have caused the parallel market exchange rate to hit a record low of N2,040 per Great Britain Pound (GBP), marking...
…Plummets by 80% to become Africa’s worst-performing currency By Sodiq Adelakun On the parallel market, the naira was trading at 1,245 per dollar in early Wednesday...
By Sodiq Adelakun The Nigerian foreign exchange (FX) market opened on Monday with the naira/dollar exchange rate quoting at N1,020/$. This comes after the naira strengthened...
By Sodiq Adelakun The naira experienced a further decline on Wednesday, with its value against the dollar dropping to N1,300 compared to the previous day’s rate...