Dollar to Naira exchange rate

The United States Dollar (USD) is increasing by the day compared to the Nigerian Naira. It has been gathered that the Naira depreciated further today as the exchange rate is presently standing at 550 Naira/1 USD. The data recorded by the FMDQ securities window shows that as of Monday, the Naira closed at 412.75 per … Continue reading Dollar to Naira exchange rate

Naira falls to N522/$1 at black market

The Nigerian currency again traded weaker against the U.S dollars at the unregulated segment of the foreign exchange (forex) as currency dealers continued to take advantage of customers seeking quick access to the dollars. According to data from Abokifx, Naira depreciated by N1 against the US Dollar at the market on Thursday, August 26 to trade … Continue reading Naira falls to N522/$1 at black market