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Naira loses against dollar by 0.09%
The naira on Wednesday exchanged at 461.90 to the dollar at the Investors and Exporters window. The figure represented a decrease of 0.09 per cent, compared with the 461.50 it exchanged on Tuesday. The open indicative rate closed at N460.25 to the dollar on Wednesday. An exchange rate of N462 to the dollar was the…
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Naira begins new week on a negative note, exchanges N430 to dollar
The Naira on Monday depreciated against the dollar at the Investors and Exporters window, exchanging at N430. The figure represented a decrease of 0.09 per cent compared with the N429.62 it exchanged for the dollar before the close of business on Aug. 12. The open indicative rate closed at N429.70 to the dollar on Monday.…
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Naira value rises at exchange markets as EFCC continues traders’ arrests
On Wednesday, the Nigerian currency, the Naira, recorded a slight gain against the dollar at the official and parallel section of the foreign exchange (forex) markets. Bureaux De Change operators (BDCs), popularly known as ‘abokis’, who spoke to Ripples Nigeria, confirmed that Naira’s value exchanged at N675 to the dollar compared to N680 per dollar…
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Naira constant, exchanges at N428.12 to dollar
The Naira on Friday remained constant exchanging at N428.12 to the dollar at the Investors and Exporters window. The local currency remained unchanged at N428.12 to the dollar, same as the N428.12 traded on Thursday. The open indicative rate closed at N429 to the dollar on Friday. An exchange rate of N444.00 to the dollar…
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Naira rises at investors, exporters window
The Naira on Friday gained against the green back at the Investors and Exporters’ window, exchanging at N430 to the dollar. The figure represented an appreciation of 1.34 per cent compared with N424. 62, which it exchanged for the dollar on Thursday. The open indicative rate closed at N426.63 to the dollar on Friday. An…
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Naira slumps at Investors and Exporters window
The Naira depreciated against the dollar at the Investors and Exporters Window on Thursday exchanging at N424.62 to the dollar. The figure represented an appreciation of 0.01 per cent compared with N424.58 for which it exchanged for the dollar on Wednesday. The open indicative rate closed at N424.30 to the dollar on Thursday. An exchange…
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Naira weakens against dollar at Investors, Exporters window by 0.10%
Naira weakens against dollar at Investors, Exporters window by 0.10% The Naira depreciated against the dollar at the Investors and Exporters Window on Thursday exchanging at N428.16 to the dollar. The figure represented an appreciation of 0.10 per cent compared with N427.75 for which it exchanged for the dollar on Wednesday. The open indicative rate…
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Naira gains marginally at Investors and Exporters Window by 0.01%
Naira gains marginally at Investors and Exporters Window by 0.01% The Naira on Friday gained marginally against the dollar at the Investors and Exporters Window, exchanging at N425.00. The figure represented an appreciation of 0.01 per cent, compared with N425.05 exchanged on Thursday. The open indicative rate closed at N421.60 to the dollar on Friday.…
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Financial expert wants Nigeria’s crude oil priced in Naira
In the face of the weakening Naira, Mr Okechukwu Unegbu, a finance expert has suggested that Nigeria’s major revenue resource, crude oil, be priced in Naira rather than the dollar. This, he said, would strengthen the Naira and make it more valuable. “I have argued this in the past, but the authorities did not listen,…
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Naira Gains Marginally Against Dollar, Exchanges At 419
The Naira on Wednesday exchanged at 419 to the dollar at the Investors and Exporters window, compared to 419. 50 on Tuesday, representing 0.12 per cent appreciation. The open indicative rate closed at N418.21 to the dollar on Wednesday. An exchange rate of N444.00 to the dollar was the highest rate recorded within the day’s…