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Tag Archives: African Import-Export Bank

Naira Drops To N1,089 Against US Dollar At official Forex Market

THE Naira on Tuesday depreciated to N1,089.51 against the US dollar at the official foreign exchange market. Data from FMDQ showed that the Naira dropped to N1,089.51 per US dollar compared to N856.57, which was quoted at the end of business on Monday. The figure represents N220.38 depreciation in the …

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Naira Extends Gains Against US Dollar At Forex Market

THE Naira on Friday extended its gains against the US dollar at the official foreign exchange market. Data from FMDQ showed that the Naira appreciated N869.13 per US dollar at the close of business on Friday. This represents an N26.1 gain or a 3 per cent increase in the local …

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