Traders and investors exchanged the Naira and Dollar at N461.50/$1 on Friday, 10 March 2023, the FMDQ Exchange data has disclosed. The foreign exchange (Forex) rate rose from N461.00/$1 reported on Thursday,
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The Dollar rate in the Investors and Exporters (I&E) window of the official market closed down at N461.25 on Wednesday, 8 March 2023. According to data from FMDQ Securities, the exchange rate
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Owner of Stanbic IBTC, Atedo Peterside at the weekend said the Central Bank of Nigeria (CBN) actually hijacked the powers of the state by confiscating the naira in the guise of currency
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The value of foreign exchange (Forex) transacted on Thursday, 3 March 2023, dropped when compared to the previous day’s transaction. In the foreign exchange data obtained from FMDQ Securities, a firm that
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The Supreme Court has ruled that the old N1,000, N500, and N200 notes remain legal tender until December 31. The seven-man panel of justices of the apex court gave the ruling at
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The Supreme Court is set to deliver judgment today on the controversy surrounding the naira swap policy of the Central Bank of Nigeria (CBN). The apex court had on February 22 fixed
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The United States Dollar (USD) gained against the Naira in the black market on Thursday, 2 March 2023, as the exchange rate appreciated by 1.05 per cent. During trading in the Bureau
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Moody’s Investors Service has provided an in-depth analysis of how foreign currency shortages mount serious pressure on Nigerian banks. Its report in February reveals that Nigerian banks’ liquidity are under serious pressure
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The value of the United States Dollar (USD) dropped in the black market on Monday, 27 February 2023, as the Naira appreciates by 0.26 per cent. It was gathered that the cost
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Who remembers the last time he or she held, had and used the coin as a means of exchange in Nigeria? It is a very interesting and serious question. How many of
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