Connect with us

Hi, what are you looking for?


See New Figure As Naira Crashes Further Against Dollar

Dollar To Naira Exchange Rate For Today 20 September 2023
Naira crashed massively on Wednesday as Dollar continued to gain.

Gatekeepers News reports that Nigeria’s local currency which fell about two weeks ago to ₦748/$ at the black market, fell further on Wednesday, May 24, 2023, to ₦765 and is currently trading at that price.

The development comes as Nigeria prepares to swear in a new leader, Bola Tinubu on May 29, 2023.

Meanwhile, the official rate according to the data released on the FMDQ Security Exchange the official forex trading portal showed that the Naira opened at ₦464.10 per dollar on Tuesday, May 23, 2023, and closed at ₦464.42 per $1 on Tuesday, May 23, 2023.

Even though the dollar opened in the parallel market for ₦765 per $1, the CBN does not recognise the parallel market, otherwise known as the black market. The apex bank has therefore directed anyone who requires forex to approach their bank, insisting that the I&E window is the only known exchange.

You May Also Like


Recruitment, apply for Lafarge Cement recruitment 2023 below. Gatekeepers News reports that Lafarge Cement (Lafarge Africa Plc) is a member of the LafargeHolcim Group – the biggest...


Recruitment, apply for LG Electronics recruitment 2023 below. Gatekeepers News reports that LG Electronics is a South Korean multinational electronics company that produces a wide range...


Recruitment, apply for Kia Motors recruitment 2023  below. Gatekeepers News reports that Kia Motors is a South Korean automobile company that produces various models of...


Recruitment, apply for Nigerian Exchange Group recruitment 2023  below. Gatekeepers News reports that the Nigerian Exchange Group (NGX Group), formerly known as the Nigerian Stock Exchange,...