Tag archive for ‘naira’
By Modupe Gbadeyanka On Friday, May 5th, 2017
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Naira Declines to N500/£ at Black Market

By Modupe Gbadeyanka The Nigerian currency suffered a N5 loss against the Pound Sterling at the parallel segment of the foreign exchange market on Friday afternoon, trading at N500. The Naira was sold for N495 More...

By Modupe Gbadeyanka On Tuesday, April 25th, 2017
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Naira Crashes to N388/$, Soars to N490/£ at Black Market

By Modupe Gbadeyanka It was a mixed performance for the Naira against the three major foreign currencies at the foreign exchange market on Tuesday. While the local currency depreciated against the American Dollar, More...

By Modupe Gbadeyanka On Thursday, April 20th, 2017
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Naira Soars Further as Dollar Falls to N385, Euro to N410

By Modupe Gbadeyanka The Nigerian currency is gradually regaining its feet again at the parallel segment of the foreign exchange market in country. Yesterday, the Dollar slumped to N400 at the close of trading More...

By Modupe Gbadeyanka On Friday, April 14th, 2017
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Naira Crashes to N500/£ at Parallel Market

By Modupe Gbadeyanka The Nigerian currency on Thursday depreciated against the British legal tender at the foreign exchange market. The Naira, which closed at N499 to the Pound Sterling on Wednesday, finish the More...

By Modupe Gbadeyanka On Tuesday, April 11th, 2017
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Naira Depreciates Further to N410/$ at Black Market

By Modupe Gbadeyanka Despite efforts of the Central Bank of Nigeria (CBN) in giving life to the Naira at the foreign exchange market, the local currency has continued to suffer losses against the Dollar at the More...

By Modupe Gbadeyanka On Wednesday, April 5th, 2017
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Naira Gains N5 to Close at N390/$ at Black Market

By Modupe Gbadeyanka The Naira responded positively to the sale of $10,000 to licenced Bureaux de Change (BDC) operators on Tuesday by the Central Bank of Nigeria (CBN) by soaring by N5 at the parallel segment More...

By Modupe Gbadeyanka On Friday, March 31st, 2017
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Naira Crashes to N390 per Dollar at Black Market

By Modupe Gbadeyanka The Nigerian currency has suffered more devastating blows with its recent continuous depreciation at the foreign exchange market. The Naira lost N7 on Friday afternoon to exchange at N390 to More...

By Modupe Gbadeyanka On Tuesday, March 28th, 2017
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Dollar Crashes to N380/$ at Black Market

By Modupe Gbadeyanka The free fall of the Dollar against the Naira continued on Tuesday, March 28, 2017, when it traded at N380 at the parallel market. The currency had closed for the day on Monday at the rate More...

By Dipo Olowookere On Sunday, March 26th, 2017
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Naira Grows by 12.36% in 5 Days

By Dipo Olowookere In the last week, the Naira grew by 12.36 percent at the parallel market, opening at N440 on Monday and closing at N390 per Dollar. In the week under review, experts commended the Central Bank More...

By Modupe Gbadeyanka On Friday, March 24th, 2017
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Dollar Falls to N390/$ at Parallel Market

By Modupe Gbadeyanka The free-fall of the Dollar against the Naira on the parallel market continued on Friday afternoon as it crashed to N390. The Nigerian currency opened for the day’s trading at N400 per Dollar More...

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