Currency - Page 32

Stay informed with the latest updates on Naira, Dollar, Pounds, and global currency exchange rates. Prime Business Africa provides real-time forex news, market trends, and expert analysis crucial for businesses and individuals dealing with foreign currencies. Understand the impact of fluctuating exchange rates on the economy and make informed financial decisions.

CPPE Highlights Why Nigerian Govt Should Review Customs FX Rate For Cargo Clearance

Currency·Finance & Economy

CBN Raises Customs FX Rate For Import Duties By 19.43% In 1 Week As Naira Depreciates

CBN has increased the foreign exchange (FX) rate for calculating Customs duties by 19.43 per cent in one week following the recent depreciation of the naira in the forex market.

Victor Ezeja

April 30, 2024

Moghalu Highlights How Trump’s Presidency Will Affect African Economies

Currency·Finance & Economy

Forex Crisis: Let’s Deal With Real Issues Of Boosting Production To Stabilise Naira – Moghalu

Prof. Kingsley Moghalu, has urged the Nigerian government to focus on dealing with real issues affecting production in the country to achieve stability of the naira.

Victor Ezeja

April 30, 2024

Naira vs Dollar: What To Expect This Week (24th-30th, March 2025)

Business·Currency·News

Naira Ends Week With 9% Depreciation, Exchanges N1,169/$1 At Official Market

The Nigerian currency, the Naira, ended the week with a 9.1 per cent depreciation at the official segment of the foreign exchange market.

Victor Ezeja

April 20, 2024

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 1st July 2025

Business·Currency·Finance & Economy

Naira Ends Week Positively, Inches Closer To Below ₦1,000/$1 Exchange Rate

Nigeria’s local currency, the naira, has continued to sustain its appreciation, ending the week on a positive note as it marches closer to below ₦1,000 mark in both parallel and official windows

Victor Ezeja

April 13, 2024

Naira Opens Week With Gain Across FX Markets

Business·Currency

Economic Expert Highlights Implications Of CBN’s Forex Sales To BDCs

A financial analyst and educator, Kalu Ajah, has highlighted the implications of forex sales to Bureau de Change (BDC) operators by the Central Bank of Nigeria (CBN) at a lower rate.

Victor Ezeja

April 9, 2024

71.4% Of Nigerians Call For Interest Rate Reduction – CBN Survey

Business·Currency·Finance & Economy·News

Why CBN Banned Use Of Foreign Currency Collaterals For Naira Loans

The Central Bank of Nigeria (CBN) has tightened regulations surrounding loan collaterals, specifically targeting the use of foreign currencies.

Emmanuel Ochayi

April 9, 2024

CBN Releases Another Around Of $10,000 FX To Each BDC, Mandates Them To Sell At N1,117/$1

Business·Currency

CBN Releases Another Round Of $10,000 FX To Each BDC, Mandates Them To Sell At N1,117/$1

In its relentless push to stabilise naira in the foreign exchange market, the Central Bank of Nigeria (CBN), has announced another round of sales of FX to eligible Bureau de Change (BDCs)

Victor Ezeja

April 8, 2024

Africa·Currency·News·World News

Zimbabwe Changes Currency To ZiG Amidst Currency Woes

Zimbabwe has taken a step towards stabilizing its currency woes by announcing the launch of a new currency called ZiG. The move, set to be implemented on April 8, 2024, aims to

Emmanuel Ochayi

April 5, 2024

Business·Currency·News

Naira Sustains Trading Below N1,300/$1 For Second Day In Months

The Nigerian Naira has continued appreciation, trading below N1,300/$1 for the second day after months at both official and parallel foreign exchange markets windows.

Victor Ezeja

April 4, 2024

Business·Currency·News

Naira Gains More As Exchange Rate Drops To N1,300/$1 At Official Market

Naira on Wednesday, 27 March 2024 recorded further gains as the exchange rate against dollar dropped to N1,300/$1 at the official market.

Victor Ezeja

March 28, 2024

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Currency - Page 32

CBN Raises Customs FX Rate For Import Duties By 19.43% In 1 Week As Naira Depreciates

Forex Crisis: Let’s Deal With Real Issues Of Boosting Production To Stabilise Naira – Moghalu

Naira Ends Week With 9% Depreciation, Exchanges N1,169/$1 At Official Market

Naira Ends Week Positively, Inches Closer To Below ₦1,000/$1 Exchange Rate

Economic Expert Highlights Implications Of CBN’s Forex Sales To BDCs

Why CBN Banned Use Of Foreign Currency Collaterals For Naira Loans

CBN Releases Another Round Of $10,000 FX To Each BDC, Mandates Them To Sell At N1,117/$1

Zimbabwe Changes Currency To ZiG Amidst Currency Woes

Naira Sustains Trading Below N1,300/$1 For Second Day In Months

Naira Gains More As Exchange Rate Drops To N1,300/$1 At Official Market

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