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Nigeria’s external reserves hit 17-year high of $50.12bnPienaar backs Bafana Bafana to stun Mexico 2-0 in World Cup openerCooking gas prices soar to N2,500/kg, threatening Nigeria’s clean energy pushNaira strengthens against dollar as reserves hit $50.12 billionPolice arrest seven bandits over killing of three FRSC officers in KebbiBandits kidnap 50 elders during peace meeting in ZamfaraBanks must cut terror funding, army chief tells financial sectorUniversity of Ibadan graduate credits school daddy for academic turnaroundADC and Aregbesola seek judge’s withdrawal from party chair suitDivock Origi retires from football at 31 after Milan exitNigeria’s external reserves hit 17-year high of $50.12bnPienaar backs Bafana Bafana to stun Mexico 2-0 in World Cup openerCooking gas prices soar to N2,500/kg, threatening Nigeria’s clean energy pushNaira strengthens against dollar as reserves hit $50.12 billionPolice arrest seven bandits over killing of three FRSC officers in KebbiBandits kidnap 50 elders during peace meeting in ZamfaraBanks must cut terror funding, army chief tells financial sectorUniversity of Ibadan graduate credits school daddy for academic turnaroundADC and Aregbesola seek judge’s withdrawal from party chair suitDivock Origi retires from football at 31 after Milan exit

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Parallel Market

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Tag: Parallel Market

Naira Strengthens to N1,680 Per Dollar in Parallel Market
Finance Oct 17, 2024

Naira Strengthens to N1,680 Per Dollar in Parallel Market

The Nigerian Naira gained ground in the parallel market yesterday, appreciating to N1,680 per dollar from the N1,690 rate recorded...

Naira Falls to N1,625.13 per Dollar in NAFEM as Turnover Drops
Finance Oct 10, 2024

Naira Falls to N1,625.13 per Dollar in NAFEM as Turnover Drops

The Naira further depreciated yesterday, falling to N1,625.13 per dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM), according to...

Naira Appreciates Against Dollar in Parallel and Official Markets
Finance Jul 5, 2024

Naira Appreciates Against Dollar in Parallel and Official Markets

The Naira saw a boost in value on Friday, rising to N1,530 per dollar in the parallel market from its...

Naira Exchnage Rate Widens Across FX Markets
Finance Nov 4, 2022

Naira Exchnage Rate Widens Across FX Markets

The exchange rate between the naira and the dollar between the parallel and official markets has widened to over N500, OduNews reports.

Naira Tumbles To N690/$ At P2P Market As Greenback Scarcity Worsens
Finance Aug 12, 2022

Naira Tumbles To N690/$ At P2P Market As Greenback Scarcity Worsens

The value of the naira on Friday fell to N690 per dollar at the Peer-to-Peer market segment as the country continues to face the scarcity of the greenback.

CBN’s Ban Of FX Sales Is A Trial And Error And It’s Dangerous – Expert
Economy Jul 30, 2021

CBN’s Ban Of FX Sales Is A Trial And Error And It’s Dangerous – Expert

The Governor of Central Bank, Godwin Emefiele, has been battling with a free-falling Naira since 2015. Amid this free-fall, the...

Naira Crashes Further To 523 Against Dollar At Parallel Market After CBN Forex Ban
Economy Jul 29, 2021

Naira Crashes Further To 523 Against Dollar At Parallel Market After CBN Forex Ban

The naira slumped further to 523/$ at the parallel market on Wednesday, a day after the Central Bank of Nigeria...

Naira To Exchange For N500/$ At Parallel Market
Finance Aug 27, 2020

Naira To Exchange For N500/$ At Parallel Market

There are indications that the naira would rise to N500 per dollar at the parallel market. This is a result...

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Latest Stories

  • Nigeria’s external reserves hit 17-year high of $50.12bn
  • Pienaar backs Bafana Bafana to stun Mexico 2-0 in World Cup opener
  • Cooking gas prices soar to N2,500/kg, threatening Nigeria’s clean energy push
  • Naira strengthens against dollar as reserves hit $50.12 billion
  • Police arrest seven bandits over killing of three FRSC officers in Kebbi

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