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The Nigerian Naira experienced a depreciation in the parallel market, dropping to N1,410 per dollar from N1,395 per dollar last …
Read More »Naira Depreciates to N1,410/$ in Parallel Market, Appreciates in NAFEM to N1,354.21/$
Tag Archives: parallel market
Naira Plunges Seven Times Against Dollar in Foreign Exchange Market
The Nigerian Naira has experienced a significant downturn against the US Dollar in the foreign exchange market, with seven consecutive …
Read More »Naira’s Fluctuating Fortunes: Parallel Market Sees Appreciation to N1,060/$ as NAFEM Depreciates to N1,154.08/$
Nigeria’s currency, the Naira, experienced a significant swing in its exchange rates across different markets yesterday. While the parallel market …
Read More »Naira Gains Against Dollar as BDCs Buy at N980/$
The Association of Bureau De Change Operators of Nigeria (ABCON) has announced that Bureau De Change (BDC) operators are now …
Read More »Naira Plummets to N1,100 per Dollar in Parallel Market Amidst NAFEM Depreciation
The Nigerian Naira experienced a significant depreciation in both the parallel market and the Nigerian Foreign Exchange Market (NAFEM) on …
Read More »Naira Appreciates to N1,200/Dollar as CBN Sells $10,000 to BDCs
The Nigerian currency, the naira, has appreciated against the dollar, reaching a new rate of N1,200/dollar in the parallel market. …
Read More »Nigerian Naira Surges in Parallel Market: A Hopeful Outlook for Currency Traders
The Nigerian Naira has recently experienced a significant surge in the parallel market, sparking a wave of cautious optimism among …
Read More »Naira Surges to N1400/$ at Parallel Market Amidst Strengthening Economy
Nigeria’s currency, the Naira, has experienced a significant strengthening against the US dollar at the parallel market. The exchange rate …
Read More »Naira Appreciates Further Against Dollar in Official and Parallel Markets
The Nigerian Naira continued to strengthen against the dollar at both the official and parallel markets on Tuesday, March 20, …
Read More »Naira Plunges to N1,600/$ in Parallel Market, US Dollar Hits Six-Week Low After Jobs Report Release
The Nigerian Naira experienced a significant depreciation at the parallel section of the foreign exchange market on Friday, reversing its …
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