naira

The naira dipped slightly against the United States dollar on Friday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the domestic currency traded at N1,485.53/$1 on Friday. At the end of trading today, the naira lost less than N1 against the dollar compared to N1,485.36/$1 recorded on Thursday. The intra-day high and low prices recorded during the …

The naira dipped slightly against the United States dollar on Thursday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the domestic currency traded at N1,485.36/$1 on Thursday. This is N2 higher than the N1, 483.02/$1 traded on Wednesday. The intra-day high and low recorded during the day were N1,495/$1 and N1,434/$1 respectively, representing a very thin spread …

The Naira depreciated against the United States dollar on Friday and traded at N1, 476.24/$1. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the naira lost N6 against the dollar after trading at N1,482.72/$1 compared to N1,476.24/$1 recorded the previous day. The intra-day high and low recorded during the day were N1, 490/$1 and N1, 390/$1 respectively, …

The United States Dollar (USD) was offered to clients of authorised dealers at a rate of N771.59/$1 at the end of trading in the official market on Wednesday. Based on data released by the FMDQ Exchange, the authorised dealers increased the rate by N26.62 kobo from the N744.97/$1 rate offered at the close of Tuesday’s session. Before the curtain was …

The naira exchanged for N744.97 to the dollar at the Investors and Exporters window on Tuesday. The local currency gained 0.39 percent compared to the N747.87 it exchanged for the dollar on Monday. The open indicative rate closed at N774.99 to the dollar today. A spot exchange rate of N799.83 to the dollar was the highest rate recorded during the …

The Nigerian naira, on Thursday, had a mixed performance against the US dollar, strengthening on the black market but weakening through the Investors and Exporters (I&E) window. Data from the black market shows the naira gained ground, trading at N997 to the dollar compared to N1,000 on Wednesday. However, at the I&E window, the domestic currency depreciated to N775.2 per …

The naira, Thursday maintained its up-and-down movement falling against the U.S. dollar at the official market but appreciated marginally at the parallel market. This follows the local currency appreciation against the dollar in the official market the previous day. The exchange rate between the naira and dollar fell to N841.14/$1 on Thursday at the official Nigerian Autonomous Foreign Exchange Market …

The naira, Wednesday, halted a 2-day slump to appreciate against the US Dollar at the official market. The exchange rate between the naira and dollar rose to N818.99/$1 on Wednesday at the official Nigerian Autonomous Foreign Exchange Market (NAFEM) window. This represents an N31.23 gain or a 3.81% increase in the local currency compared to the N850.22 it recorded on …

The naira exchanged for N756.21 to a dollar at the Investors and Exporters window on Wednesday. The naira lost 1.48 percent compared to the N745.19 it exchanged for the dollar on Tuesday. The open indicative rate closed at N766.82 to the dollar on Wednesday.READ ALSO: Naira drops further, now N965/$1 black market A spot exchange rate of N799.90 to the …

For the second consecutive day, the naira slumped against the US dollar at both the official and parallel markets. The exchange rate between the Nigerian currency and the American greenback fell to N850.22/$1 on Tuesday at the official Nigerian Autonomous Foreign Exchange Market (NAFEM) window. This represents a loss of N54.81 representing a 6.45% decline in the local currency compared …