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Farooq

Posts Tagged "exchange rate"

HomePosts Tagged "exchange rate"

Meanwhile, Emefiele said there was no cause for alarm owing to the recent decline in the country’s external reserves. He, however, stressed that even though there was need to build buffers, “unfortunately I must say that we are in a period where it is difficult to talk about building reserve. “It is a choice we […]

Oyetunji Abioye Weakening exchange rate, rising non-performing loans in the banking industry and other key economic issues are expected to top the agenda as the Monetary Policy Committee of the Central Bank of Nigeria begins its two-day meeting today (Monday). According to economic and financial experts, the meeting will see the 11-member MPC deliberate on […]

LAGOS, Aug 23 (Reuters) – Nigerian naira fell on the black market on Wednesday, pressured by demand for dollars from Muslim pilgrims travelling to Saudi Arabia for the haj and individuals paying for school fees abroad. The naira was quoted at 370 to the dollar on the black market on Wednesday as against 368 naira […]

A few hours after the CBN announced the outcome of its Monetary Policy Committee (MPC) meeting, the exchange rate crashed at the parallel market as the Naira further appreciated against the dollar. The Nigerian currency gained two points to trade at N363 to the dollar on Tuesday at the parallel market in Lagos, stronger than […]

Dollar to Naira Rate Black Market July 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 Naira on Thursday appreciated against the dollar in the parallel market. The local currency appreciated by N1 in the parallel market segment. Naira exchange rate dropped to N366 per dollar from N367 on Wednesday. Analysts say Central Bank of Nigeria (CBN) intervention on Monday – supply of 195 million dollars – stabilised the market. […]

Dollar to Naira Rate Black Market July 13 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 […]

Dollar to Naira Rate Black Market July 7 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 Naira on Wednesday appreciated marginally against the dollar at the parallel market, the News Agency of Nigeria (NAN) reports. The Nigerian currency traded at N365 to a dollar, stronger than N366 it closed at on Tuesday, while the pound sterling and the Euro exchanged at N468 and N412, respectively. At the Bureau De Change […]

The ​N​aira ​on Thursday remained stable at N364 per dollar in the parallel market. ​There was no significant increase or decrease in the figure all week days. The stability was attributed to weak demand for dollar and increased supply due to dollar sale to bureaux de change by the Central Bank of Nigeria (CBN​). CBN […]