The black market, also known as the parallel market or Aboki fx, US dollar to Nigerian Naira exchange rate as of May 15th, 2024 stood at...
Numerous factors impact and influence forex trading. Many have to do with macro and microeconomic factors, but politics also plays a significant role, too. It can...
The Nigerian Naira appreciated to N1,136 against the United States Dollar at the official market and rose to N1,050 at the parallel market. At the official...
The Nigerian Naira has surged to an eight-month high of 1,120 against the US dollar on the parallel market, commonly referred to as the black market....
The Nigerian Naira has kicked off April on a bullish note as the local currency appreciated to N1,278.58 per dollar from N1,309.39 recorded just last week...
The Nigerian Naira appreciated against the US dollar throughout March 2024, a substantial milestone in the country’s exchange rate policy. Official figures indicate that the Naira...
The Nigerian Naira has appreciated to N1,350 per dollar in the parallel market, a significant gain from its previous rate of N1,430 per dollar just a...
The Nigerian Naira has made a recovery to N1,382.35 against the US Dollar following the Central Bank of Nigeria’s (CBN) clearance of a $7 billion forex...
The Nigerian Naira has appreciated against the U.S. Dollar on the parallel market with operators quoting a buy price of N1400/$1 for holders of dollars looking...
The Nigerian Naira gained 0.58% against the United States Dollar on Monday amid a tightening supply of the greenback in the official foreign exchange market. The...