Global markets were subdued on Tuesday, with stocks muted, the dollar steadying near five-week lows, and gold climbing to fresh record highs, as investors awaited […]
Tag: Dollar
Naira Strengthens, Trading at N1,540.78 to the Dollar in Official Market
The Naira appreciated on Friday, trading at N1,540.78 to the dollar at the official market, gaining N35.32 from the previous rate. This marks a 2.24% […]
Naira Weakens to N1,640 as Dollar Supply Dwindles
The Naira yesterday depreciated to N1,640 per dollar in the parallel market, dropping from N1,650 per dollar recorded on Thursday. This decline extended to the […]
Naira Appreciates Against Dollar at Official Market
On Wednesday, the Nigerian Naira experienced an appreciation at the official market, trading at N1,459.02 to the dollar. This marks a significant gain of N61.38, […]
Naira Depreciates at Official Market, Records Increased Daily Turnover
The Nigerian Naira experienced a depreciation in value at the official market on Tuesday, trading at N1,416.57 to the dollar. Data from the FMDQ Exchange, […]
Naira Depreciates to N1,365 per Dollar in Parallel Market
The Naira faced a depreciation, reaching N1,365 per dollar in the parallel market from N1,320 per dollar previously. Simultaneously, in the Nigerian Foreign Exchange Market […]
Naira Ends April on Strong Note, Gains N28.15 Against Dollar
The Nigerian naira closed out the month of April on a positive note, gaining N28.15 at the official market to trade at N1,390.96 against the […]
Naira Gains Ground Against Dollar, Appreciates to N1,275/$1
The Nigerian naira has shown signs of strengthening against the United States dollar, appreciating by N125 to reach N1,275/$1 over the weekend. This new rate […]