Naira exchange rate with major world currencies for Friday morning

Nigeria’s Naira exchange rate in the parallel market for Friday morning, July 14, 2023, as confirmed by Bureau de Change operators, is as follows: Date  Currency  Buying(NGN)  Central(NGN)  Selling(NGN)  14/07/2023 US Dollar  800.00 — 805.00 Pounds Sterling  1005.00 — 1,015.00 Euro  825.00 — 835.00 Date  Currency  Buying(NGN)  Central(NGN)  Selling(NGN)  Meanwhile, the official exchange rate as […]

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Naira plunges further against major world currencies, as forex scarcity continues

The lingering foreign exchange scarcity in the country has continued to worsen even as the exchange rate on the parallel market is inching towards N590 against $1 This is coming, over eight months after the Central Bank of Nigeria (CBN) stopped the sale of forex to Bureau de Change operators and promised to boost liquidity […]

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