Fidelis Nwagwu

Dec 8, 2024 | lucky-wap-ams.op-mobile.opera.com | Fidelis Nwagwu

See the black market Dollar to Naira exchange rate for 7th December, below. You can swap your dollar for Naira at these rates. How much is a dollar to naira today in the black market? Dollar to naira exchange rate today black market (Aboki dollar rate): The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1640 and sell at N1650 on Saturday 7th December 2024, according to sources at Bureau De Change (BDC).

Dec 8, 2024 | lucky-wap-ams.op-mobile.opera.com | Fidelis Nwagwu

The current black market exchange rate for the dollar to the naira remains a topic of interest for Nigerians seeking to trade foreign currency. On Saturday, December 7, 2024, the Lagos Parallel Market (also known as Aboki FX) recorded the following rates:...CONTINUE READING>>> Support Trackloaded in promoting credible journalism and entertainment. Your donation ensures free access to reliable information and cultural content. Help us empower citizens, institutions, and the entertainment industry.

Dec 6, 2024 | lucky-wap-ams.op-mobile.opera.com | Fidelis Nwagwu

The CBN’s new EFEM system works as the naira continues to appreciate against the US dollar in foreign exchange marketsThe latest exchange rate shows that the dollar’s value crashed by over N100 in just one trading dayNigerians hope that the Nigerian currency’s strong performance will continue across all forex markets Henzodaily.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.

Dec 5, 2024 | premiumtimesng.com | Fidelis Nwagwu

One powerful strategy in forex trading is leveraging the interest rate differential between two currencies. When one currency offers a higher interest rate than another, traders can potentially profit by buying the higher-yielding currency and selling the lower-yielding one. Interest rates play a major role in forex trading. Understanding how interest rate changes impact currency pairs can transform your trading strategy and lead to more profitable trades.

Dec 2, 2024 | lucky-wap-ams.op-mobile.opera.com | Fidelis Nwagwu

The Naira posted significant gains against the US Dollar in both the official and parallel foreign exchange markets on Friday, marking a positive end to the week for Nigeria’s currency. According to data from the Central Bank of Nigeria (CBN), the naira appreciated to ₦1,535 per dollar at the official exchange market, rising from ₦1,567 on Thursday. This represents a gain of ₦32 within a single day.