Thursday, 20th May 2021: The exchange rate between the naira and the US dollar closed at N411.31/$1 at the Importers and Exporters window, where forex is traded officially. Naira fell against the US dollar on Thursday at the official NAFEX window to close at N411.31 to a dollar. This represents a 0.14% depreciation when compared […]
Wednesday, 19th May 2021: The exchange rate between the naira and the US dollar closed at N410.75/$1 at the Nigerian Autonomous Foreign Exchange (NAFEX) market, where forex is traded officially. Naira appreciated against the US dollar on Wednesday at the Importers and Exporters window to close at N410.75 to a dollar as against N411.63/$1 that
Tuesday, 18th May 2021: The exchange rate between the naira and the US dollar closed at N411.63/$1 at the Importers and Exporters window, where forex is traded officially. Naira depreciated against the US dollar on Tuesday to close at N411.63 to a dollar compared to N411.5/$1 recorded on Monday, 17th May 2021. This represents a
Data from the Central Bank of Nigeria reveals Nigeria utilized $4.98 billion on the import of goods and services into the country in the first quarter of 2021. This compares to $14.3 billion utilized in the first quarter of 2020 representing a 65% drop. This is the lowest utilization of forex in Nigeria since 2017,
Nigeria’s FX utilization falls 65% to $4.98 billion in Q1 2021Read More »
Friday, 14th May 2021: The exchange rate between the naira and the US dollar closed at N411.67/$1 at the Importers and Exporters window, where forex is traded officially. Naira depreciated further against the US dollar, for the fourth consecutive trading session to close at N411.67 on Friday, 14th May 2021. This represents a 42 kobo
Naira depreciates across FX markets despite increase in dollar supplyRead More »
Friday, 7th May 2021: The exchange rate between the naira and the US dollar closed at N410.33/$1 at the Importers and Exporters window, where forex is traded officially. Naira appreciated against the US dollar to close at N410.33 to a dollar on Friday, 7th May 2021, representing a 67 kobo gain when compared to N411/$1
Exchange rate gains value across FX markets as dollar supply improves by 38%Read More »
Wednesday, 5th May 2021: The exchange rate between the naira and the US dollar closed at N410.5/$1 at the Importers and Exporters window, where forex is traded officially. Naira appreciated marginally against the US dollar on Wednesday, 5th May 2021 to close at N410.5 to a dollar. This represents a 50 kobo gain when compared
Naira gains at NAFEX window as dollar supply improves by 305%Read More »
Naira remained stable at the parallel market as it closed at N485/$1 on Tuesday, 4th May 2021, the same as recorded on the previous day. Tuesday, 4th May, 2021: The exchange rate between the naira and the US dollar closed at N411/$1 at the official NAFEX window. Naira depreciated at the Importers and Exporters window
Naira weakens at NAFEX window as Bitcoin slumps by over 5%Read More »
Thursday, 29th April 2021: The exchange rate between the naira and the US dollar closed at N411/$1 at the Importers and Exporters window. Naira appreciated on Thursday, at the Nigerian Autonomous Foreign Exchange (NAFEX) window, as the rate closed at N411 to a dollar. This represents a 25 kobo gain when compared to the N411.25/$1 that
Naira maintains gain at official window as oil prices inch close to $70Read More »
Wednesday, 28th April 2021: The exchange rate between the naira and the US dollar closed at N411.25/$1 at the Importers and Exporters window. Naira appreciated on Wednesday, at the Nigerian Autonomous Foreign Exchange (NAFEX) window, as the rate closed at N411.25 to a dollar. This represents a 42 kobo gain when compared to the N411.67/$1 that
Naira appreciates at official window despite 30.7% drop in dollar supplyRead More »
