Nigerian Naira

Naira Grows Marginally As It Exchanges At 441.25 To Dollar

October 18, 2022 7:17 pm

Things have looked a little bit brighter for the Nigerian Naira on Monday as it had exchanged at ₦441.25 against the dollar during the Investors and Exporters window, while making a slight appreciation.

This current figure had also represented a slight increase of 0.03 percent when compared to the N₦41.38 it exchanged for the dollar before the close of business on the 14th of October.

Read Also: Naira Suffers Again, Crashes To ₦734 To Dollar

The open indicative rate closed at ₦439.63 to the dollar on Monday and meanwhile, an exchange rate of ₦442.50 to the dollar was the highest …

Naira ‘Resurrects’ At ₦429.62 To Dollar At Investors’ Window

August 13, 2022 2:33 pm

Good news for the Nigerian Naira as it had managed to appreciate against the dollar at the Investors and Exporters window while it had been exchanging at ₦429.62.

The figure which had been displayed on Saturday had also represented an increase of 0.15 per cent which is high as compared with the ₦430.25 which it had exchanged for the dollar on Friday.

Read Also: NYCN Blasts Emefiele’s Economic Policy Over Fall Of Naira

The open indicative rate had closed at ₦429.67 to the dollar.

An exchange rate of ₦431.94 to the dollar was the highest rate recorded within the day’s …

Good News For Investors As Naira Rises Again – Report

July 19, 2022 8:44 pm

Good tidings are in order for the Nigerian Naira on Tuesday as it gained against the greenback at the Investors and Exporters window while coming to exchanging at a reduced rate of ₦424.17 to the dollar.

The current figure had also represented an appreciation of 1.16 percent compared with the ₦429.12 it exchanged for the dollar on Monday. The open indicative rate closed at ₦426.20 to the dollar on Tuesday.

Read Also: Naira Crashlands As It Hits ₦430 From ₦422.71 Per Dollar

An exchange rate of ₦444 to the dollar was the highest rate to have …

Naira Crashlands As It Hits ₦430 From ₦422.71 Per Dollar

July 6, 2022 9:14 am

Things do not seem to be looking upwards for the Nigerian Naira as it has continued to crashland after it recorded another massive fall in the official market on Tuesday, while losing 0.9 per cent to the dollar.

FMDQ had already published data at the beginning of trading on Tuesday showed that the Nigerian Currency opened at ₦422.71 but closed at ₦430.00 to a dollar at the end of the trading window for the day, which came out to be representing a ₦4.25 or 0.99 per cent devaluation from ₦425.75 recorded in the previous market day.

Read Also: Deeper Waters

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Free Fall For Naira As It Racks Up Losses Against Dollar

May 12, 2022 6:13 am

Tumultous conditions on Wednesday has seen the Nigerian Naira crashing and depreciating at the Investors and Exporters window, exchanging at ₦418.75 to the dollar, a 0.12 per cent depreciation, which was weaker than ₦418.25 traded on Tuesday.

After this crash, the open indicative rate closed at ₦417.70 to the dollar on Wednesday.

An exchange rate of ₦444.00 to the dollar was the highest rate recorded within the day’s trading before it settled at ₦418.75. The Naira also sold for as low as 410 to the dollar within the day’s trading.

A total of 115.78 million dollars was traded in foreign …