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Currency - Page 50

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 16th September 2025

What is the dollar-to-naira exchange rate on the black market, like the Aboki Fx? The exchange rate for the US dollar (USD) to Nigerian naira (NGN) in the parallel market, also known as the black market, as of 16th September 2025, is

September 10, 2025

Business·Currency

CBN Finally Lifts Forex Restrictions On 43 Items Banned By Emefiele [FULL LIST]

Nine years after the Central Bank of Nigeria (CBN) under its former Governor, Godwin Emefiele, placed restriction on access to the official foreign exchange (forex) market for the importation of some 43 items, the ban was on Thursday lifted by the

October 12, 2023

Naira Appreciates To N869/$1 As Experts Debate Stability

Business·Currency·News

Naira-Dollar Exchange Rate Hits N1,040 In Parallel Market As Scarcity Grows

The exchange rate between the Nigerian Naira and the US Dollar has taken a plunge, reaching N1,040 at the parallel market. This latest development stems from the battle between soaring demand and a constrained supply of foreign exchange in the country. Forex

October 11, 2023

Naira To Sustain Depreciation In 2024 - Analysis Reveals

Business·Currency

40% Depreciation Pushes Nigeria’s Naira Among Worst Currencies In Africa

A World Bank report released this October has ranked the Naira among the worst-performing currencies in Africa, as the Nigerian currency lost 40 per cent of its value following the devaluation carried out by the Central Bank of Nigeria (CBN) on

October 5, 2023

Naira Falls To ₦1,530/$ At Official Market After Public Holiday

Business·Currency

Naira Depreciates To N756/$ In I&E Window

In a dynamic twist of events, the Nigerian naira faced a rollercoaster ride in the financial markets on Wednesday. The currency, which had exchanged for N745.19 to a dollar just a day before, saw a significant dip of 1.48 percent, settling at

October 5, 2023

Nigeria's Stock Market Rises As Investors Target Undervalued Shares

Business·Currency·News

NGX All-Share Index Soars 29.52% To 15-Year High Despite Economic Concerns

The Nigerian Stock Exchange (NGX) All-Share Index has surged by an impressive 29.52% during the third quarter of 2023, reaching a 15-year high and defying prevailing economic concerns. This remarkable rally has been fueled by a combination of factors, with President Bola

October 2, 2023

The exchange rate of the US dollar against the Iraqi dinar witnessed a significant surge in the markets of Baghdad and Erbil.

Business·Currency·News·World News

Dollar Rises Against Iraqi Dinar, Local Markets Offer Stability

The exchange rate of the US dollar against the Iraqi dinar witnessed a significant surge in the markets of Baghdad and Erbil. This unexpected surge came in the wake of the closure of the main stock exchanges, sending shockwaves through the financial

October 1, 2023

Nigerian Naira Vs U.S. Dollar: What To Expect This Week (17th-22nd, March 2025)

Business·Currency·News

Dollar Surges To N810 In Official Market, Parallel Traders Maintain Rates Above N1000

In a day of wild swings, the foreign exchange market saw the dollar rate in the investors’ and exporters’ window reach unprecedented heights, hitting a staggering N810.78 per $1 on Thursday. However, it wasn’t all uphill for the dollar, as it also

September 30, 2023

Binance To Exit Russia Amidst US Sanctions Probe

Business·Currency·News

Binance To Exit Russia Amidst Sanctions Violation Probe By US

Cryptocurrency giant, Binance, on Wednesday, announced decision to divest its Russian operations, citing its commitment to compliance and distancing itself from potential sanctions violations. This comes in the wake of months-long investigations by US authorities into alleged sanctions breaches involving Russian users

September 27, 2023

How Nigeria’s External Reserves Rose By 5.6% To $38.8bn In 2024 — CBN

Business·Currency·News

FG Urges CBN To Trim BDCs From 5,000 To 200

Tope Fasua, Special Adviser to President Tinubu on Economic Affairs, has sparked intense debate with a proposal for the reduction of Nigeria’s 5,000+ Bureau de Change operators to just 200 in a major economic policy event. Fasua’s striking suggestion aims to address

September 27, 2023

JP Morgan UK Bans Cryptocurrency Purchases to Combat Scams

Business·Currency·News·World News

JP Morgan Chase Bans Cryptocurrency Purchases To Combat Scams

In a bold move to protect its customers from the surging wave of cryptocurrency scams, JP Morgan’s Chase UK bank has announced a comprehensive ban on cryptocurrency purchases starting October 16. According to Investmentweek, this ban will encompass all debit card transactions

September 27, 2023

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Currency - Page 50

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 16th September 2025

CBN Finally Lifts Forex Restrictions On 43 Items Banned By Emefiele [FULL LIST]

Naira-Dollar Exchange Rate Hits N1,040 In Parallel Market As Scarcity Grows

40% Depreciation Pushes Nigeria’s Naira Among Worst Currencies In Africa

Naira Depreciates To N756/$ In I&E Window

NGX All-Share Index Soars 29.52% To 15-Year High Despite Economic Concerns

Dollar Rises Against Iraqi Dinar, Local Markets Offer Stability

Dollar Surges To N810 In Official Market, Parallel Traders Maintain Rates Above N1000

Binance To Exit Russia Amidst Sanctions Violation Probe By US

FG Urges CBN To Trim BDCs From 5,000 To 200

JP Morgan Chase Bans Cryptocurrency Purchases To Combat Scams

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