Latest News

Naira dips slightly against dollar

Published by

The Naira on Thursday depreciated slightly against the dollar at the parallel market, the News Agency of Nigeria (NAN) reports.

The Nigerian currency lost two points to close at N390 to the dollar, while the Pound Sterling and the Euro traded at N495 and N415, respectively.

At the Bureau De Change (BDC) window, the naira was sold at N362, while the Pound Sterling and the Euro closed at N490 and N420, respectively.

Trading at the interbank window saw the naira close at N305.85 to the dollar.

The naira, however, appreciated marginally at the investment and export window, as it closed at N379.04, from the N379.89 it opened earlier today.

Traders at the market were hopeful that the naira would bounce back as the CBN sustained liquidity boost at the BDC subsector.

 

Published by
Tags: Dollar Naira

Recent Posts

  • Metro

Nigerian Army restores hacked official X, resumes regular updates

The Nigerian Army high command on Sunday announced the full restoration of its official X…

November 8, 2026
  • Latest News

SERAP to Tinubu: Disclose details of N50,000 NERSI relief payments

SERAP has demanded that President Bola Ahmed Tinubu’s Federal Government make available comprehensive details of…

November 8, 2026
  • Latest News

Kogi APC expands presidential campaign council, releases additional names

The Kogi State chapter of the All Progressives Congress (APC) has expanded its State Presidential…

November 8, 2026
  • Latest News

AfDB concludes mid-term review of Ekiti Knowledge Zone project

The African Development Bank (AfDB) has concluded its mid-term review of the Ekiti Knowledge Zone…

November 8, 2026
  • Metro

12 family members burnt to death, others kidnapped in Zamfara

Suspected bandits have killed 12 members of the same family in Gidan Taba village, Dosara…

November 8, 2026
  • Metro

Court ruling: Ihedioha urges ADC leaders, candidates not to panic

The leader of the African Democratic Congress (ADC) and former Governor of Imo State, Hon.…

November 8, 2026

This website uses cookies.