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5 stories tagged fx rate.
Yesterday, the value of the naira saw a notable rise to N1,450 against the dollar in the informal exchange sector, up from N1,580 per dollar as reported on Tuesday. In a similar vein, the naira also saw an increase in…
A United States-based magazine, Global Finance, says the Central Bank of Nigeria has failed to curb rising inflation and stop the naira from sliding against the United States dollar. This was disclosed in an October…
The naira continued its downward trend as the dollar was sold for N570 in the parallel market on Tuesday. According to THE PUNCH, operators said the dollar was bought and sold for N567 and N570 respectively on Tuesday,…
As dollar shortage in the Nigerian economy continues to hit the air travel industry harder, foreign airlines flying into the country have stopped local travel agencies and firms from selling tickets to intending inbound…
The naira was trading at N545 to the dollar on the parallel market at the weekend, maintaining its strongest level since early September 2021. The local currency exchanges at N411.59 to the dollar at the official…
