New to site?


Login

Lost password? (X)

Already have an account?


Signup

(X)
Farooq

News

Dollar to Naira Rate Black Market September 26 2017. Today’s Naira Black Market Exchange Rates. Dollar to Naira. Pounds to Naira. Euros to Naira. These are the prevalent rates for Lagos. Actual rates may vary slightly based on vendor. Rates are updated during the day as they change. NAIRA (N) USD ($) EURO (€) GBP […]

The Central Bank of Nigeria (CBN)-led Monetary Policy Committee (MPC) will consolidate on the gains of the foreign exchange policy which has ensured stability as well as the continuous drop in inflation rate at its meeting today and tomorrow. The committee is likely to maintain the status quo on all rates according to analysts. The […]

By Obinna Chima In a pointer to increasing confidence in Nigeria’s financial market, foreign exchange trading at the Investors’ and Exporters’ (I &E) window notched a major milestone when total market turnover rose to $1.323 billion in just one week, trading results from the FMDQ OTC Securities Exchange showed at the weekend. Total trade value […]

  • CBN

Now that Nigeria’s economy is recovering from its worst slump in 25 years, the central bank can turn its focus to fighting inflation again — and shoring up its currency. The Monetary Policy Committee has kept its interest rate at a record-high 14 percent since July 2016, trying to support the economy, and will probably hold it […]

Dollar to Naira Rate Black Market September 25 2017. Today’s Naira Black Market Exchange Rates. Dollar to Naira. Pounds to Naira. Euros to Naira. These are the prevalent rates for Lagos. Actual rates may vary slightly based on vendor. Rates are updated during the day as they change. NAIRA (N) USD ($) EURO (€) GBP […]

Oyetunji Abioye The naira is expected to trade little change against the United States dollar next week as investors await the Central Bank of Nigeria’s Monetary Policy Committee decision on interest rate on Tuesday. After its two-day bi-monthly meeting held on Monday and Tuesday, the CBN Governor, Mr. Godwin Emefiele, said the committee would announce […]

Oyetunji Abioye with agency report A Central Bank of Nigeria requirement that companies back forward dollar purchases with naira is drying up supplies of the local currency. The development has helped to underpin a 2.1 per cent gain since the naira fell to a record low against the greenback on August 9. Also, an increase in […]

The Naira on Thursday depreciated marginally against the dollar at the parallel market, exchanging at N365.5 to the dollar. The News Agency of Nigeria (NAN) reports that the Nigerian currency lost 50 kobo from N365 posted on Wednesday, while the Pound Sterling and the Euro closed at N487 and N436. At the Bureau De Change […]

Dollar to Naira Rate Black Market September 22 2017. Today’s Naira Black Market Exchange Rates. Dollar to Naira. Pounds to Naira. Euros to Naira. These are the prevalent rates for Lagos. Actual rates may vary slightly based on vendor. Rates are updated during the day as they change. NAIRA (N) USD ($) EURO (€) GBP […]

  • Author
    admin
  • Comments
    0 Comments
  • Category
  • Tag

The Nigerian naira is expected to trade little changed next week as investors await the central bank’s decision on interest rate on Tuesday, which could affect portfolio inflows and currency market liquidity. The naira traded at around 360 to the dollar on Thursday for investors, who have been offering to sell the U.S. currency at […]