Currency

Naira Closes High, As Dollar Rate Depreciates

The official exchange rate between the Naira and the Dollar closed down at N461.83 kobo/$1, data obtained from FMDQ Exchange… Read More

1 year ago

Dollar Rate Rises In Black Market, Drops In CBN’s Official Market

The Dollar rate in the Investors and Exporters window of the official market increased by N0.91 kobo, indicating the Naira… Read More

1 year ago

Old Naira Notes: GTBank, Others Limit Cash Withdrawal To N10,000

The Central Bank of Nigeria (CBN) has fully complied with the Supreme Court ruling ordering it to restore old naira… Read More

1 year ago

Black Market’s Dollar Rate Now N290 Above Official Market

The Naira to Dollar exchange rate in the official market depreciated on Tuesday, 14 March 2023, as the Nigerian currency… Read More

1 year ago

Access Bank Reduces Forex Payout For International Students, Traders

Access Bank has reviewed its foreign exchange (FX) application for international school fees, a move that indicates other banks might follow… Read More

1 year ago

Naira Depreciates, As Several Factors Support Rise In Dollar Rate

The value of the Naira depreciated further in the official market on Monday, 13 March 2023, as the United States… Read More

1 year ago

Naira Weakens, Dollar Rate Rises In Official Market

Traders and investors exchanged the Naira and Dollar at N461.50/$1 on Friday, 10 March 2023, the FMDQ Exchange data has… Read More

1 year ago

Official Market’s Dollar Rate Falls, Projected To Rise After Presidential Election

The Dollar rate in the Investors and Exporters (I&E) window of the official market closed down at N461.25 on Wednesday,… Read More

1 year ago

CBN Hijacked State Power, Confiscated The Naira, Says Stanbic IBTC Owner, Peterside

Owner of Stanbic IBTC, Atedo Peterside at the weekend said the Central Bank of Nigeria (CBN) actually hijacked the powers… Read More

1 year ago

Dollar Rate Rises In Official Window, Falls In Black Market

The value of foreign exchange (Forex) transacted on Thursday, 3 March 2023, dropped when compared to the previous day’s transaction.… Read More

1 year ago

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