Dollar

The naira appreciated slightly against the dollar at the Investors and Exporters window on Friday as it exchanged at N436.33k. The rate represented a 0.04 per cent appreciation compared to the N436.50k for which the dollar was exchanged…

The Naira on Friday lost slightly to the dollar, exchanging at N436.33 compared with N436.32 on Thursday. The open indicative rate closed at N433.83 to the dollar on Friday. An exchange rate of N437 to the dollar was the highest rate…

The naira on Wednesday appreciated against the dollar at the Investors and Exporters window, exchanging at N429.38. The figure represented a gain of 0.16 per cent compared with the N430.67 it exchanged for the dollar on Tuesday. The…

The Nigeria Tourism Development Corporation (NTDC) says dollar scarcity has become a worrisome threat to the survival of the tourism industry and related enterprises in Nigeria and third-world economies. NTDC director-general Foluronsho…

The naira rebounded at the Investors and Exporters window on Wednesday, rising by 0.34 per cent against the dollar. Specifically, the naira exchanged at N429.20 per dollar compared with N430.67 it exchanged for the dollar on Tuesday.…

The general overseer of Omega Power Ministry, Apostle Chibuzor Chinyere has cancelled overseas scholarships for Nigerian students due to high dollar rate. The Port Harcourt based cleric made this known in a Facebook post on Tuesday.…

Aviation expert Bankole Bernard has urged President Muhammadu Buhari’s regime to urgently assist in the provision of foreign exchange to allow foreign airlines repatriate their unremitted ticket revenue. Mr Bernard, Finchglow Holdings…

The Association of Bureaux Des Change Operators of Nigeria has urged the Central Bank of Nigeria to float the naira to halt its further depreciation. The President of ABCON, Alhaji Aminu Gwadabe, made the appeal on Saturday in an…

The naira fell further in the parallel market to trade for N670 against the U.S. dollar on exchange platform Aboki Forex, according to checks by Peoples Gazette. While the naira fell in value on the black market, it remained N430 to the…

The Nigerian currency has continued its free fall sinking further to N658 against the U.S. dollar in the parallel market, according to data from Aboki Forex. The naira, which traded for N620 against the dollar on Monday, N630 on…