The Naira maintained its momentum against the dollar from yesterday on the parallel market, trading at N325 to the dollar for buyers. The speculative trend of the currency seems to have died out as it maintains a steady position against the dollar, although it has been dropping steadily against the British Pound.
Currency maintains at N325/dollar, drops to N454 against British Pound [March 17, 2016]
Today, the Naira continued to trade at the same N325/dollar, which it traded at as at yesterday evening.
A money dealer counts the Nigerian naira on a machine in his office in the commercial capital of Lagos, January 13, 2009. REUTERS/Akintunde Akinleye
Recommended articles
![An inter-agency committee has been set up to resolve debt issues between FG and NNPCL [Intel Region]](data:image/svg+xml;charset=utf8,%3Csvg%20xmlns%3D'http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg'%20width%3D'100'%20height%3D'100'%20data-ring-placeholder%3D'1'%3E%3C%2Fsvg%3E "An inter-agency committee has been set up to resolve debt issues between FG and NNPCL [Intel Region]")
Today, the Naira continued to trade at the same N325/dollar, which it traded at as at yesterday evening. Right now, you can buy dollars at N320/dollar on the parallel market.
For other foreign currencies, you can buy the British Pound at N454/pound on the parallel market, or sell for N450/pound.
ADVERTISEMENT
The Euro is also trading for N355/euro, while you can sell for N350/euro. These figures are the same figures which the naira posted by the close of business yesterday, and earlier today, give or take a few naira.
Note that these figures are the current evening rate at which the naira is trading on the black market. We will be bringing you daily rates so stay with Pulse Money to keep you updated.
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
Recommended articles
Police arrest 18 suspected kidnappers, 11 others in Nasarawa
Navy arrests 6 impostors in Lagos
Kano Gov Yusuf appoints 116 additional aides
Don’t pay lip service to education, Old Students Association urges Tinubu
Transport union renews fight against thuggery at motor parks
Lagos govt announces total ban on street trading, hawking
EFCC secures 1,688 convictions in 9 months
Muslims offer special prayers to mark Nigeria’s 63rd Independence Anniversary
Police ban procession in Sokoto ahead of governorship tribunal’s judgment
Pulse Sports
I still love guys - Super Falcons' Michelle Alozie reacts to lesbian rumour
Heartbreak for Nigeria as AFCON 2027 bid slips away to East African rivals
Victor Boniface or Harry Kane: Who has had the better Bundesliga start?
Steph Curry: NBA star lists Nigeria's Burna Boy and WizKid among favorite music artists
Controversy as Super Falcons' Michelle Alozie unveils her 'female lover'
AFCON 2027: Algeria hands Nigeria a major boost
ADVERTISEMENT