The Naira on Friday recorded a loss at the official market, trading at N1,483.99 to the dollar. Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market…
Read More...

Naira depreciated to N1,510 per dollar at the parallel section of the foreign exchange (FX) market on Monday. The current rate represents a drop of 1.34 percent from the N1,490/$ traded on May 31. Speaking to reporters in Lagos,…
Read More...

The naira depreciated at the parallel section of the foreign exchange (FX) market on Monday. At the  Lagos street market, currency traders, also known as bureau de change (BDC) operators, quoted the naira at N1,520 to the greenback. …
Read More...

The depreciation of the naira continued over the weekend as the currency traded at N1,510 to a dollar at the parallel market and 1,466.31 at the official market. The dollar-to-naira exchange rate increased by N40 between Thursday and…
Read More...

The naira depreciated to N1,320 per dollar at the parallel market of the foreign exchange (FX) on Friday. The current FX rate signifies a decline of 1.54 percent from N1,300/$ traded on April 24. Currency traders, known as Bureau de…
Read More...