Tag archive for ‘parallel market’
By Dipo Olowookere On Wednesday, April 5th, 2017
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Naira Crashes to N398/$ at Parallel Market

By Dipo Olowookere The Nigerian currency suffered a N9 loss against the Dollar at the parallel market on Wednesday afternoon, trading at N398. The Naira had opened for the day’s trading at the rate of N390 to More...

By Modupe Gbadeyanka On Thursday, March 23rd, 2017
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Naira Hits N400 per Dollar at Black Market

By Modupe Gbadeyanka For the first time since August 2016, the Naira was exchanged at the parallel foreign exchange market in Nigeria at N400 to the Dollar on Thursday, March 23, 2017. The local currency opened More...

By Modupe Gbadeyanka On Wednesday, March 22nd, 2017
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Dollar Crashes to N410 at Black Market

By Modupe Gbadeyanka The Naira has continued to gain strength against the Dollar at the parallel segment of the foreign exchange market in Nigeria. On Wednesday afternoon, the local currency gained N20 against More...

By Modupe Gbadeyanka On Friday, March 17th, 2017
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Naira Soars against Dollar, Falls against Pound at Parallel Market

By Modupe Gbadeyanka The local currency suffered a loss against the British Pound Sterling at the parallel market on Friday afternoon, dropping N5 as at the time of filing this report by Business Post correspondent. However, More...

By Dipo Olowookere On Sunday, March 5th, 2017
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Naira Gained 11.94% at Parallel Market in Feb—Report

By Dipo Olowookere Latest report released last week by FSDH Research has revealed that the Nigerian currency, Naira appreciated at the parallel market in February 2017. However, according to the report obtained More...

By Modupe Gbadeyanka On Friday, March 3rd, 2017
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Naira Falls Further to N465/$ at Parallel Market

By Modupe Gbadeyanka The free fall of the Nigerian currency continued on Friday afternoon at the parallel market with the Naira trading at N465 to the Dollar. The Naira had opened today at N458 per Dollar, but More...

By Modupe Gbadeyanka On Thursday, March 2nd, 2017
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Naira Remains Stable at N455/$, Gains N25 Against £

By Modupe Gbadeyanka The Nigerian Naira remained relatively stable at N455 to the Dollar at the parallel market on Wednesday after it recorded a loss of N5 on Tuesday. It was the first time on Tuesday that the More...

By Modupe Gbadeyanka On Thursday, February 23rd, 2017
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Naira Closes N495/$ at Parallel Market Thursday

By Modupe Gbadeyanka The Nigerian currency closed strong against the Dollar on Thursday at the parallel market compared with what it posted yesterday. The Naira, which closed at N505 to the Dollar at the end of More...

By Modupe Gbadeyanka On Thursday, February 23rd, 2017
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BREAKING: Naira Makes Further Gain, Returns to N500/$

By Modupe Gbadeyanka The Naira continued its further recovery run on Thursday afternoon when it exchanged at N500 to the Dollar at the parallel market. About two weeks ago, the local currency first reached the More...

By Modupe Gbadeyanka On Tuesday, February 21st, 2017
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Naira Gains Strength 24 Hours After New CBN Forex Policy

By Modupe Gbadeyanka The Nigerian Naira breathed a fresh air on Tuesday at the parallel market barely 24 hours after the Central Bank of Nigeria (CBN) released a new foreign exchange policy to ease the pressure More...

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