Tag: Parallel market
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Bill War: Naira Hits 543 against Dollar
The naira has continued to slope downward as it, at the moment of compiling this report selling for N543 to a dollar at the parallel market. EarthNews learnt, on Thursday, the bureau de change bought dollar at N540 and offer it for sale at the rate of N543. In the same existence, the British Pound…
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Naira Further Decline, Dollar Goes Giant at N535/$
The Nigerian currency (N) further slide against the dollar as it dropped to a new unprecedented low at the parallel market on Wednesday 8, 2021. The naira (N) has been falling gradually since the start of this month amid the lingering scarcity of foreign exchange in the country, despite the rise in foreign exchange (FX)…
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Extended Losses: Naira Slides To N530 At Parallel Market
The naira (N) prolonged its losses against the dollar at the parallel market on Thursday, closing at N530/$1 compared with N528 per dollar on Wednesday. This is according to data obtained from abokiFX.com, a website that collates parallel market rates in Lagos. The naira also fell against the Pound Sterling and the Euro yesterday closing…