The currency, however, weakened further against the Pound Sterling and the Euro as it exchanged for N515 and N405 respectively
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It exchanged at N507 to the Pound from N500 it traded on Friday, while the naira exchanged for N385 to the Euro.
Pending the implementation of the flexible exchange rate policy by the Central Bank of Nigeria, the official rate remained at N197 to the dollar.
Buhari gave the reassurance in a nationwide broadcast to mark his administration’s one year in office
The Nigerian currency maintained same value since Wednesday
The News Agency of Nigeria reports that naira sold at N350, weakening further from its rate on Tuesday when it went for N347 to a dollar
The News Agency of Nigeria reports that the nation’s currency lost about N3 to exchange between N342 and N345, from N341 it traded on Wednesday
Meanwhile the official Central Bank of Nigeria rate remained at N197 to the dollar
However, the currency exchanged at N385 and N380 to Pounds Sterling and the Euro, respectively, at the Monday’s trading
Also the naira traded at N465 and N365 against the Pound Sterling and the Euro respectively from the N467 and N365 it exchanged on Monday
Traders at the market in separate interviews with the News Agency of Nigeria expressed optimism that the passage of the 2016 budget may affect the market positively
The News Agency of Nigeria reports that the naira lost N1 on Friday afternoon from the N320.5 to a dollar it traded on Wednesday.
However, it traded against the Pound Sterling and the Euro at N460 and N463
He said he still held the conviction, which motivated his principled resistance to devaluation in his first tenure as Head of State.
Buhari said: “When I was military Head of State, the IMF and the World Bank wanted us devalue the naira and remove petrol subsidy, but I stood my grounds for the good of Nigeria
The News Agency of Nigeria reports that the currency was stable in the previous week, maintaining a value of between N315 and N320 to a dollar
However, the Pound Sterling and the Euro traded for N450 and N361 respectively, depreciating further against the Euro
The Director ofnCare and Support of the agency, Dauda Haske, made this known in Yola while addressing a meeting of Network of People With HIV/AIDS in Nigeria
The News Agency of Nigeria reports that the naira traded at N321.5 to the dollar on Friday afternoon, from the previous N322 on Thursday
The Naira also depreciated against the Pound Sterling and Euro as it exchanged for N450 and N359 respectively from N445 and N355 it traded previously
The Naira, however, slid against the Pound Sterling and Euro as it traded for N445 and 355 respectively, from N457 and N357 it traded last week
However, the Naira depreciated against the Pound Sterling and the Euro as it traded for N457 and N357 respectively, from N448 and N355 it had exchanged previously
Some traders at the parallel market told the News Agency of Nigeria in Lagos that the high exchange rate was discouraging to customers.
They complained that the market had remained dull due to low patronage