parallel market

Naira Gains in Black Market, NFEM Rate Falls Amid Rising Dollar

Naira Gains in Black Market, NFEM Rate Falls Amid Rising Dollar

The naira appreciated by N5 in the parallel market on Thursday, closing at N1,545 per dollar, an improvement from N1,550… Read More

4 weeks ago

Naira Depreciates to ₦1,585/$ in Parallel Market despite weaker Dollar

On Wednesday, the Nigerian Naira depreciated, to ₦1,585 per dollar in the parallel market, down from ₦1,565 the previous day.… Read More

5 months ago

Naira Rises to ₦1,490 Per Dollar in Parallel Market as FX Reforms Take Hold

The Naira continued its steady appreciation against the US dollar, rising to ₦1,490/$ in the parallel market on Monday, marking… Read More

5 months ago

Naira Is Stabilising: Exchange Rate Hits N1,493/$ at Official Market, N1,610/$ in Parallel Market

The Naira is showing signs of recovery and stability, with key improvements recorded in both the official and parallel markets.… Read More

6 months ago

Naira trading shows mixed performance, closes at N1,510 in parallel market, N1,508.99 at NAFEM

Key Points Parallel market closes at N1,510 NAFEM closes at N1,508.99 Volume of trading dropped by 34.9 per cent The… Read More

1 year ago

“Our children would die of hunger” – Nigeria’s Forex Dealers Lament Dollar Scarcity

In May 2020, the Director of Nigeria’s Budget Office revealed that the country had lost around 80% of oil revenue… Read More

5 years ago

Working Lives: The Mallam Who Specialises in Yahoo Yahoo Dollars

[vc_row][vc_column][vc_column_text]"Yahoo Yahoo guys process money every day. They often connect me to more of their friends because I always get… Read More

5 years ago