Tag: NAIRA
Naira exchanges at N1,152 against dollar at black market
The exchange rate between the naira and dollar hit an all-time low of N1,152/$1 on the black market, otherwise known as the parallel market,...
Naira trades N1,100/$ on parallel market, official window turnover shrinks to...
Nigeria’s naira closed trading at a record low of N1,100 per dollar on the parallel market on Wednesday, according to data from Aboki.fx, an...
Naira under pressure, Nigeria may seek dollar loan –IMF
The International Monetary Fund has said the naira is currently under pressure and Nigeria is free to seek loan from the Fund to stabilise...
Naira weakens marginally to dollar
The Naira on Friday weakened marginally against the dollar at both the parallel market in Lagos and the investor’s window.
The Nigerian currency traded at...
CBN further devalues naira at market intervention sales
Central Bank of Nigeria (CBN) has instructed bidders at its Secondary Market Intervention Sales (SMIS) to increase their bidding price to N380/$1 floor. SMIS...
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