naira Archive

[News] : Naira exchanges at N500/dollar at parallel market

The Naira on Thursday solidified its increases against the dollar at the parallel market, few days after the CBN declared another forex approach. The Nigerian cash traded at N500 to a dollar in the wake of shutting at N505 on Wednesday, while the Pound Sterling and the Euro shut at N600 and N510 individually. At

Naira debilitates, offers at N305 per dollar

The naira, Wednesday, devalued further to N305 per dollar as shortage of dollars increased in the parallel business sector. From a normal of N287 per dollar, Tuesday, the parallel business sector conversion standard rose to a normal of N305 per dollar the nation over. Since Monday when the Central Bank of Nigeria (CBN) ceased the