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Tag: NAIRA-DOLLAR EXCHANGE RATE

Naira continues downward slide, trades N560/$1 at parallel market after MPC meeting

November 25, 2021November 25, 2021Ayo Olowo

The Nigerian naira weakened against the U.S dollar at the parallel market on Wednesday to trade at N560 per dollar on Wednesday. The figure is N15 or 2.8 percent lower than the N545 it traded last week at the parallel market. Meanwhile, the currency which opened trading at an indicative price of N413.82/$1, depreciated by 0.3 […]

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Naira now N364 to a dollar at parallel market

February 24, 2016February 24, 2016Ayo Olowo

The naira gained N6 on Tuesday, as it traded at N364 to the dollar at the parallel market. The News Agency of Nigeria (NAN) reports the naira exchanged at N370 to one dollar on Monday. Mr. Buhari had on February 20 insisted that the government would not devalue the naira in spite of wide gap […]

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