The Nigerian Naira experienced a significant depreciation in the parallel foreign exchange market, ending its previous trend of appreciation. On Friday, the currency fell to ₦1,230...
The Nigerian Naira on Friday experienced a decline at the official exchange window, trading at ₦1,169.99 against the American dollar. According to the official trading platform...
The Nigerian Naira appreciated significantly in the foreign exchange (FX) market as trading resumed after the Easter holiday, with rates dropping to ₦1,238.3 against the US...
The Nigerian naira appreciated significantly in the parallel foreign exchange (FX) market on Monday, strengthening to ₦1,250 against the US dollar. This improvement represents a 0.43...
The Nigerian currency, the naira, experienced a notable appreciation in value, reaching ₦1,350 per dollar in the parallel market, a sharp rise from ₦1,430 per dollar...
The Nigerian Naira, on Monday, gained strength against the US dollar in the parallel section of the foreign exchange (FX) market, sparking optimism among currency traders...
The Euro to Naira exchange rate in the black market has reached a new high, with the rate standing at ₦1,559.767 on March 25, 2024. This...
The Nigerian naira experienced a notable appreciation in the parallel foreign exchange market on Friday, trading at ₦1,470 per dollar, marking a 2 percent increase from...
The Nigerian naira continued its upward trajectory against the United States dollar, closing at 1,382/$ in the official market on Thursday, marking a significant N18 gain....
The Euro to Naira exchange rate in Nigeria’s black market has soared to ₦1,667.298 as of today, March 20, 2024, reflecting a significant appreciation of the...
The ‘Aboki’ black market rate for the Canadian Dollar (CAD) against the Nigerian Naira (NGN) today stands at ₦1,070.641. This rate, provided by informal currency traders...
The black market price of Canadian Dollar to Naira today March 15, 2024 refers to the exchange rate at which the Canadian Dollar is being bought...
The Nigerian Naira appreciated against the US Dollar in the parallel section of the foreign exchange (FX) market on Wednesday, recording a 1.88 percent increase to...
The Euro has experienced a staggering 46% appreciation against the Nigerian Naira over the past year, setting a new benchmark in the black market exchange rate...
The Nigerian Naira has appreciated significantly against the US dollar, marking a 0.90 per cent increase as the official foreign exchange (FX) market saw a surge...
The Nigerian currency, the naira, witnessed a notable appreciation against the US dollar in both the parallel and official sections of the foreign exchange (FX) market...
The Canadian Dollar to Naira exchange rate in Nigeria’s informal currency trading circles, popularly known as the black market, has reached ₦1,153.469 as of March 10,...
The Euro to Naira exchange rate in Nigeria’s parallel market has experienced a significant increase, reaching ₦1,755.350 as of March 10, 2024. This development marks a...
The Euro has reached a new high against the Nigerian Naira in the black market, trading at an astonishing rate of ₦1,739.973. This latest figure represents...
Revaluing a national currency and restoring its value involves a complex mix of monetary policy, fiscal adjustments, and sometimes structural reforms. Nigeria is currently battling with...