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Nigeria: Low Demand for Dollar Forces Naira Up At Parallel Market
Premium Times, 9 November 2016
The low demand for dollar at the parallel market on Wednesday forced the naira to appreciate against the American currency, the News Agency of Nigeria reports. Read more »
Movement in Nigeria's Naira Against U.S. Dollar
The Naira has gained against the U.S. dollar on the parallel market where, among others, foreign currencies, stocks and shares are traded, while the foreign exchange market may have taken a new turn as a rare movement in exchange rate occurred.
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Nigeria: Naira Appreciates After DSS Action On Currency Dealers
This Day, 14 November 2016
Despite last week's raid and arrest of some licensed currency dealers who were said to be selling foreign exchange (FX) above the prescribed limit, the naira appreciated on both… Read more »
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Nigeria: Naira Appreciates Against Dollar
Premium Times, 8 November 2016
The Naira on Tuesday appreciated against the dollar in all the segments of the forex market, the News Agency of Nigeria, NAN, reports. Read more »
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Nigeria: Naira Crashes to All-Time Low of N375 to Dollar
Vanguard, 9 November 2016
Nigeria's foreign exchange market may have taken a new turn as a rare movement in exchange rate happened between Monday and yesterday with massive swing in the value of Naira in… Read more »
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Nigeria: Naira Devaluation Keeps Nigerians Off Dubai Markets
Daily Trust, 7 November 2016
The increasingly declining value of the naira has triggered an over 200 per cent increase in prices of goods in Dubai markets prompting many Nigerians to pay more for goods… Read more »
