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    Naira Stabilises Against Dollar

    Chronicle EditorBy Chronicle EditorApril 24, 2017No Comments1 Min Read
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    Naira to dollar exchange
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    Naira stabilizes against the dollar
    The naira on Monday stabilised against the dollar at the parallel market.

    The Nigerian currency traded between N380 (buying rate) to N385 (selling rate) on Monday afternoon, maintaining the same rate as at Friday.

    The naira closed at N495 to pound sterling and N415 to Euro at the same segment.

    At the Bureau De Change (BDC) window, the naira was sold at N362 to the dollar, while the pound sterling and the Euro closed at N490 and N420, respectively.

    Trading at the interbank window saw the naira closed at N305.95 to the dollar.

    Traders commended the CBN for sustaining liquidity at the foreign exchange market
    as market volatility was not in the interest of the economy.

    The CBN had remained resolute in boosting liquidity in all the segments of the foreign exchange market.

    The apex bank, had on Friday, created a special window for investors and exporters to have uninterrupted access to foreign exchange, a move stakeholders described as the right direction.

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    The EFCC has frozen the Osun State Government account at First Bank ten days before the governorship election.

    Adeleke drags EFCC to court over freezing of Osun govt account

    August 5, 2026
    Explosion kills ISWAP bombmakers, Arab IED experts in Borno

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    NANS protest, demand WAEC boss sack over irregular 2025 WASSCE results

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    August 5, 2026
    The EFCC has frozen the Osun State Government account at First Bank ten days before the governorship election.

    EFCC freezes Osun govt account 10 days to election

    August 5, 2026
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