EFCC operatives on Friday raided Wuse Zone 4, home to most bureaux de change in Abuja. The raid, conducted on other locations across the country, was undertaken days after the CBN blamed currency speculators of exacerbating the crash of the naira against the dollar and other foreign currencies. An authoritative source at the commission told … Read more
Emerging reports has revealed that the Nigeria Naira on Thursday appreciated against the dollar at the Investors and Exporters window, after a two-day decrease, exchanging at N426.20. The figure represented an increase of 0.88 per cent compared with the N430 it exchanged for the dollar on Wednesday. The open indicative rate closed at N428.10 to … Read more
Below are some updates of exchange rate on dollar and naira concluded as at the of publishing this report, iDeemlawful reports How Much Is Dollar To Naira Exchange Rate Today Official Rate? The official rate today, Thursday, July 7th, 2022, for $1 dollar to naira = ₦426.31/$1. According to the data obtained from the FMDQ, where Naira … Read more
Naira appreciates at official market as dollar supply improves by 44%Naira has recorded significant gain at the parallel market on Thursday as it rose to N560/$1 in the early hours of Thursday, 30th December 2021. This is according to information obtained by Nairametrics from Bureau De Change operators in Lagos State. The exchange rate appreciated … Read more
The naira was trading at N545 to the dollar on the parallel market at the weekend, maintaining its strongest level since early September 2021. The local currency exchanges at N411.59 to the dollar at the official market. The naira stability was triggered by drop in dollar demand by importers and other forex users who are … Read more
