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Tag: Dollar

Naira slides to N500 per dollar at Parallel Market

February 3, 2017Ayo Olowo

The Naira on Friday depreciated further to N500 to a dollar at the parallel market after it had remained stable for nearly three weeks, the News Agency of Nigeria (NAN) reports. The Pound Sterling and the Euro traded at N616 and N530 respectively at the open market. The Nigerian currency, however, remained stable at the […]

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Naira gains against the dollar at parallel market

January 10, 2017January 10, 2017Ayo Olowo

The Naira on Monday appreciated at the parallel market after a two-week losing streak. The currency gained three points to exchange at N490, from N493 it posted last Friday, while the pound sterling and the euro traded at N600 and N506, respectively. At the bureau de change window, the naira closed at N399, the CBN […]

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Naira records slight appreciation against dollar

November 1, 2016Ayo Olowo

The Naira on Monday in Lagos appreciated marginally against the dollar at the parallel market, gaining N2, the News Agency of Nigeria reports. The currency exchanged at N468 to the dollar as against N470 it traded on Friday. The Pound Sterling and the Euro closed at N565 and 510, respectively. At the interbank market, however, […]

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Naira continues to strengthen against the dollar

October 19, 2016Ayo Olowo

The Nigerian currency, the Naira is inching towards  the N280 to the dollar opening rate at the Financial Markets Dealers Qoute (FMDQ).The naira on Wednesday closed at N304.75 to the dollar at the official interbank market from N305 recorded on Tuesday. At the Bureau De Change (BDC) window, the naira exchanged at N385 to the dollar, […]

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Naira strengthens against dollar at interbank market

September 24, 2016Ayo Olowo

The Naira on Friday appreciated against the dollar at the interbank market, after sustaining losses for two days, the News Agency of Nigeria (NAN) reports.The Nigerian currency gained N5.28 to close at N307.79 from N313.07 posted on Thursday. Trading at the Bureau De Change (BDC) segment of the market showed that the Naira exchanged at […]

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Naira stables against dollars ahead of CBN economic meeting

July 26, 2016July 26, 2016Ayo Olowo

The Naira on Monday remained stable at the parallel market, the News Agency of Nigeria (NAN) reports. The Nigerian currency maintained N378 to the dollar at the close of trading on Monday afternoon, keeping same value as at Friday. Also, the naira maintained N495 to the Pound Sterling, but weakened further against the Euro, exchanging […]

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