dollar

dollar

Naira To Dollar Rate (Black Market)

As of November 5, 2024, the exchange rate for the US dollar (USD) to the Nigerian Naira (NGN) in the parallel market, also known as the black market, has climbed to N1,730…

Nov 5, 2024

1 USD to NGN – US Dollars to Nigerian Nairas Exchange Rate

Nigerian naira weakened by 0.12% against the US dollar in the parallel market, on October 25, 2024, trading at N1,730/$1—a marginal decline of N2 from the previous rate of N1,728.…

Oct 28, 2024

national, News

Naira Drops Further As NNPCL Hikes Fuel Prices Again

The naira continued its downward spiral against the dollar at the foreign exchange market following another round of fuel price increases by the Nigerian National Petroleum Company Limited. This latest…

Oct 10, 2024

dollar, fuel price, Naira, NNPCL

Naira Surges 7.2% Against the Dollar

The Naira on Friday experienced huge appreciation at the official market, trading at N1,142.38 to the dollar. Data from the official trading platform of the FMDQ Exchange, a platform that…

Apr 14, 2024

Naira Declines to ₦1,280/$ at Parallel Market

The naira, on Friday, appreciated to N1,280 per dollar at the parallel section of the foreign exchange (FX) market. The current FX rate signifies a 5.19 percent appreciation from the…

Mar 30, 2024

dollar, Naira, parallel market

BDCs Dispel Viral Post, Dollar Not Selling at N1,000/$1

Bureau De Change operators have refuted reports circulating on X (formerly Twitter) regarding the dollar selling at N1,000 in the parallel market. There have been rending reports on X that…

Mar 27, 2024

Bureau De Change, dollar, Naira

Naira Closes at N1,500/ to Dollar in parallel market

The naira, on Wednesday, appreciated to N1,500 per dollar at the parallel section of the foreign exchange (FX) market. The currency appreciated by a 6.25 percent gain from N1,600 recorded…

Mar 22, 2024

Naira Continues to Strengthen Against USD in Forex Market

The Naira continued its appreciation against the US Dollar at the foreign exchange market as USD transactions surged. FMDQ data showed that the Naira appreciated to N1,572.82 per USD upon…

Mar 19, 2024

dollar, forex market, Naira

Naira Maintains Strengthening Trend Against USD in Forex Market

The Naira ended last week on a positive note as it continued its appreciation against the US Dollar at the foreign exchange market. FMDQ data showed that the Naira appreciated…

Mar 17, 2024