Naira Depreciates To ₦1,365/$ In Parallel Market

The Nigerian currency, the Naira, experienced a significant depreciation yesterday, dropping to ₦1,365 per dollar in the parallel market from ₦1,320 per dollar on Tuesday. The decline was mirrored in the Nigerian... Read more »

Black Market Dollar To Naira Exchange Rate Today

Dollar to naira exchange rate today black market (Aboki dollar rate): The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1370 and... Read more »

Black Market Dollar To Naira Exchange Rate Today

Dollar to naira exchange rate today black market (Aboki dollar rate): The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1355 and... Read more »

Naira Depreciated By N112 Against Dollar At Forex Market In April

The Naira lost N112.38 against the US dollar at the foreign exchange market in April 2024. FMDQ data showed that the Naira traded at N1,390.96 per dollar on Tuesday, 30th April, compared... Read more »

Black Market Dollar To Naira Exchange Rate Today 

Dollar to naira exchange rate today black market (Aboki dollar rate): The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1350 and... Read more »

Naira Gains Against Dollar At Official Forex Market

The naira recorded its first gain against the US dollar at the official foreign exchange Market this week. FMDQ data showed an appreciation of N1,390.96 per dollar on Tuesday from N1,419.11 on... Read more »

Opay Breaks Silence Over CBN Restriction

Nigeria’s financial technology bank, Opay, said it has closed non-compliant accounts amid the recent Central Bank of Nigeria’s restriction. According to Nairametric, Opay disclosed this in a statement on Tuesday. OPay, Palmpay,... Read more »

Marketers Reveals Why Petrol Scarcity Persists

Petrol marketers, on Monday, revealed the causes of the lingering scarcity of the product across the country. The Chairman of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Ejigbo Satellite Depot, Akin... Read more »

Naira, Argentine Peso Makes List Of Top 5 Currencies Performing Poorly Against U.S. Dollar (Full List)

A recent report by Statisense has ranked the Nigerian Naira and the Argentine Peso among the top 15 weakest currencies against the U.S. dollar, highlighting ongoing economic challenges in both nations. This... Read more »

Sources In Palmpay, Opay, Moniepoint Confirms CBN Ban On New Customer

Panic has gripped some bank customers following a recent directive from the Central Bank of Nigeria (CBN), which imposes a temporary ban on mobile money operators, including prominent fintech firms, from onboarding... Read more »