The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for ₦1555 and sell at ₦1565 on Monday 7th April, 2025, according to sources at Bureau De Change (BDC).
The Central Bank of Nigeria’s exchange data showed that the naira fell to N1,612.23 per dollar on Monday, from N1,567.02 traded on Friday last week.
Despite the Central Bank of Nigeria’s aggressive interventions, which included selling $124 million at rates between N1,595 and N1,611 earlier on Monday, the naira continued to slide.
China has imposed export restrictions on seven rare earth metals, effective April 4, 2025, in a move that escalates trade tensions with the US.
Via Naija News: Dollar to naira exchange rate today black market (Aboki dollar rate): The exchange rate for a dollar
Major indexes in Shanghai, Tokyo, Hong Kong, and Sydney saw losses between 4% and 12%, with the Hang Seng plunging 12.2%. “It’s a bloodbath,” one analyst told the BBC.
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for ₦1560 and sell at ₦1565 on Saturday 5th April, 2025, according to sources at Bureau De Change (BDC).
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for ₦1555 and sell at ₦1565 on Friday 4th April, 2025, according to sources at Bureau De Change (BDC).
Scott Bessent discussed the distribution of stock market ownership during an interview, stating that the top 10% of Americans own 88% of equities, while the next 40% own 12%, and the bottom 50% are in debt.
The naira hit N1,600/$ in the official market, marking its sharpest fall in months, as the gap with the parallel market widens again.
