Dollar to Naira exchange rate in Nigeria black market is between ₦1285 and ₦1290 with an average of ₦1,287.50 today on 16/01/2024, according to 2 sell rates shared by the users as comments.
Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N869.13 per dollar from N895.23 per dollar on Thursday, indicating N26.1 appreciation for...
Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N895.23 per dollar from N1,035.12 per dollar on Wednesday, indicating N139.77 appreciation for...
Director General of MAN, Segun Ajayi-Kadir, stated this among other recommendations in response to Vanguard’s enquiry on the manufacturing sector’s outlook for 2024, adding that the...
He wrote, “President Tinubu can immediately improve the economic conditions of most Nigerians and make the Naira grow by issuing an Executive Order authorising the Nigerian...
Consequently, the gap between the official and parallel market exchange rates widened to N357.41 per dollar yesterday from N339.12 per dollar last week Friday.
Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N885.88 per dollar from N861.91 per dollar on Thursday, indicating a N23.97 depreciation...
As a result, the gap between the official and parallel market exchange rates widened to N360.14 per dollar yesterday from N328.59 per dollar on Thursday.
The existence of a parallel market, where forex trading occurs at rates different from the official exchange rate, adds complexity to Nigeria’s forex market. This divergence...
They are just getting the money to stock it, not to make it as a cash flow. It is beyond government regulations, it is the mindset...