Naira maintains position at parallel market

The naira on Monday stabilised against the dollar at the parallel market, the News Agency of Nigeria, NAN, reports. The Nigerian currency traded between N380 (buying rate) to N385 (selling rate) on Monday afternoon, maintaining the same rate as at Friday. The naira closed at N495 to pound sterling and N415 to Euro at the […]

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Naira stable at N450/$1 at parallel market

For the first time since eight days ago when the Central Bank of Nigeria (CBN) adjusted the foreign exchange policy, the naira maintained its rate of N450 to a dollar at the parallel market. According to NAN, the pound sterling and euro crashed further at the parallel market, exchanging at N535 and N460 respectively, while the […]

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