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Currency - Page 51

Nigeria Now Leading Cement Exporter In Africa – Dangote

Business·Currency·Finance & Economy·News·Nigeria·Top Stories

Why Tinubu’s Policies Can Crash Dollar Rate – Dangote

The Chairman of the Dangote Group, Aliko Dangote, has said that current government policies could significantly strengthen the naira against the US dollar, potentially bringing the exchange rate down to as low as ₦1,100 to $1. Dangote made the remarks on Tuesday

February 18, 2026

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

Business·Currency·News

Forex Transactions Decline By $89.61 Million As Dollar Rate Surges

In an unexpected turn of events, the foreign exchange landscape witnessed a dramatic shift on Monday, as the value of total foreign exchange transactions in the investors’ and exporters’ window of the official market plummeted to $64.14 million. This steep decline, amounting

September 26, 2023

Naira Ends Week With N30 Gain In Black Market: Hope For Naira?

Business·Currency·News

USD Drops To N475/$1 Officially, Edges Closer To N1000 In Black Market

The United States Dollar (USD) experienced a significant dip, hitting a low of N475/$1 in the investors’ and exporters’ window of the official market, as reported by FMDQ Exchange on Wednesday. This downturn in the USD’s value sent ripples through the forex

September 21, 2023

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

Business·Currency·News

Dollar Surges, Naira Drops To N965/$1 In Black Market

In a surprising turn of events, foreign exchange authorized dealers operating in the investors’ and exporters’ (I&E) window exhibited a slight uptick in the exchange rate of the US dollar to N776.60/$1 on Tuesday, representing a marginal increase from the previous day’s

September 20, 2023

Business·Currency·News

Naira Gains N17 In Official Exchange, Hits N960 In Black Market

In a notable turn of events on Monday, the Naira exhibited remarkable strength in the official exchange market while the United States Dollar (USD) soared in the Black Market The official exchange rate for the USD closed at N773.98/$1, marking a substantial

September 20, 2023

Business·Currency·News

Dollar Dominance Sparks Forex Frenzy, Fed’s Move Key

In a world where currency markets are seldom the lead story, the U.S. dollar has taken center stage as a surge in economic growth triggers a remarkable rally, propelling it towards a six-month pinnacle. Forex traders worldwide are caught in the whirlwind,

September 19, 2023

Business·Currency·News·World News

Forex: US Equities Waver Before Fed, S&P 500 Falls Below $4,450

The US equity market experienced a delicate dance as it cautiously retraced its steps into familiar territory, settling into recent trading ranges. All eyes are firmly fixed on the Federal Reserve (Fed) this week as investors prepare for the latest interest rate

September 19, 2023

Business·Currency·News·World News

Forex Traders Anticipate BoE Rate Hike Amid Global Uncertainty

The GBP/JPY cross is caught in a tight trading range beneath the 183.00 level as financial markets remain on edge ahead of pivotal central bank meetings this week. With the Bank of England (BoE) expected to hike interest rates, while the Bank

September 19, 2023

Gold remains too hot to chase, too hot to short

Business·Currency·News·World News

Global Investors Brace For Central Bank Showdown: Dollar Weakens, Gold Shines

In a week marked by pivotal central bank meetings, global financial markets remain relatively calm as investors prepare for key policy decisions. The US Dollar Index slips after nine weeks of gains, while gold shines amidst receding US yields. As the week

September 18, 2023

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Week Ahead: Nigeria CPI Cools, US-Iran Talks & US PCE in Focus

By Lukman Otunuga In a welcome development for Nigeria’s economy,

UK Factories Warn High Energy Costs Are Driving Businesses Overseas

Inside a glass factory in north-west England, molten glass pours

African Countries With The Largest Proven Oil Reserves In 2025

Markets Fall as Iran Signals New Chance for Nuclear Talks

Global shares slipped and oil prices fell on Tuesday after

Soludo Seals Shops for Two Weeks over Monday Sit-at-Home

The Anambra State Government has sealed dozens of shops at

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Currency - Page 51

Why Tinubu’s Policies Can Crash Dollar Rate – Dangote

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

JP Morgan Chase Bans Cryptocurrency Purchases To Combat Scams

Forex Transactions Decline By $89.61 Million As Dollar Rate Surges

USD Drops To N475/$1 Officially, Edges Closer To N1000 In Black Market

Dollar Surges, Naira Drops To N965/$1 In Black Market

Naira Gains N17 In Official Exchange, Hits N960 In Black Market

Dollar Dominance Sparks Forex Frenzy, Fed’s Move Key

Forex: US Equities Waver Before Fed, S&P 500 Falls Below $4,450

Forex Traders Anticipate BoE Rate Hike Amid Global Uncertainty

Global Investors Brace For Central Bank Showdown: Dollar Weakens, Gold Shines

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Week Ahead: Nigeria CPI Cools, US-Iran Talks & US PCE in Focus

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Nigeria Reviews MTN Group’s Acquisition of IHS Towers Over Sector Impact

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Week Ahead: Nigeria CPI Cools, US-Iran Talks & US PCE in Focus

UK Factories Warn High Energy Costs Are Driving Businesses Overseas

Markets Fall as Iran Signals New Chance for Nuclear Talks

Soludo Seals Shops for Two Weeks over Monday Sit-at-Home

Nigerians May Face ‘Socioeconomic Fallouts’ as Tinubu Re-directs Oil Revenue

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Currency - Page 51

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