The Naira on Thursday exchanged at ₦363 to the dollar at the parallel market in Lagos, the News Agency of Nigeria, NAN, reports. At the Bureau De Change (BDC) window, the naira was sold at ₦360 to the dollar, while the Pound Sterling and the Euro closed at ₦470 and ₦415, respectively. Trading at the […]
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The Naira, yesterday, was stable at N364 per dollar in the parallel market. Meanwhile, the naira yesterday appreciated by seven kobo in the Investors and Exporters (I&E) window due to a 189 percent increase in the volume of dollars traded. Data from FMDQ showed that the indicative exchange rate for the window dropped to N364.15 […]
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The Naira, yesterday, appreciated to ₦363.85 in the Investors and Exporters, I&E, window despite a 41 percent decline in the volume of dollars traded. Data from FMDQ showed that the indicative exchange rate for the window dropped to N363.85 per dollar yesterday from ₦364.7 per dollar last week Friday, translating to 85 kobo appreciation of […]
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The naira on Wednesday gained 50 kobo to exchange at ₦361 to the dollar at the parallel market in Lagos. The News Agency of Nigeria, NAN, reports that the naira had exchanged at ₦361.5 to the dollar on Tuesday. The Pound Sterling and the Euro closed at ₦475 and ₦412.5, respectively. At the investors’ window […]
Read More The Naira, yesterday, appreciated to ₦363.71 per dollar in the Investors and Exporters (I&E) window even as the volume of dollars traded (turnover) rose by 65 percent. Data from FMDQ showed that the indicative exchange rate for the window dropped to ₦363.71 per dollar yesterday from ₦363.89 per dollar on Monday, translating to 18 kobo […]
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The Association of Bureaux De Change Operators of Nigeria has said that the 163 per cent increase in dollar sales to bureaux de change, to the tune of $3.1 billion in the first half of the year, helped to sustain exchange rate stability and protected 25,000 jobs in the subsector. The President, ABCON, Alhaji Aminu […]
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The Association of Bureaux De Change Operators of Nigeria (ABCON) has revealed that the 163 per cent increase in dollar sales to bureaux de change (BDCs) which amounted to $3.1 billion in the first half of the year, helped in sustaining exchange rate stability and protected 25,000 jobs in the sub-sector. ABCON President, Alhaji Aminu […]
Read More The depreciation of the naira in the parallel market and the Investors and Exporters (I&E) window last week is expected to persist this week, even as the nation’s external reserves maintained its downward trend falling by $955 million in the first ten days of October. Last week the naira depreciated by ₦1 in the parallel […]
Read More The naira remained stable against the dollar at the parallel market in Lagos on Friday, still exchanging at ₦360 to the dollar. The naira was, however, traded against Pound Sterling and the Euro at ₦478 and ₦417, respectively. At the Bureau De Change (BDC), the naira was sold at ₦360 to the dollar, while its […]
Read More The Naira, yesterday, appreciated to ₦363.07 per dollar in the Investors and Exporters (I&E) window even as the volume of dollars traded dropped by 62 percent. Data from FMDQ showed that the indicative exchange rate for the window dropped to ₦363.07 per dollar yesterday from N363.11 per dollar on Monday, indicating four kobo appreciation of […]
Read More The naira yesterday appreciated to ₦358.5 per dollar in the parallel market. According to naijabdcs.com, the live exchange rate platform of the Association of Bureaux De Change Operators of Nigeria (ABCON), the parallel market exchange dropped to ₦358.5 per dollar from N359 per dollar last week Friday, indicating 50 kobo appreciation of the naira. However, […]
Read More The Naira on Tuesday gained one kobo to exchange at ₦359 to the dollar, stronger than N360 posted on Monday. The Nigerian currency also traded at ₦479 and ₦410 against the Pound Sterling and the Euro at the parallel market. At the Bureau De Change (BDC) window, the naira was sold at ₦360 to the […]
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