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Currency - Page 52

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·News

Yellow Card, MoonPay Partner to Revolutionize Crypto Accessibility in Nigeria

In a groundbreaking move that could reshape Nigeria’s cryptocurrency landscape, Yellow Card, a pioneering African fintech firm, and MoonPay, a global cryptocurrency ecosystem leader, have joined forces. This strategic alliance aims to transform the crypto-purchasing experience for Nigerians by harnessing the power

September 12, 2023

How Nigeria’s FDI Fell By $19bn In 10 Years – Finance Minister

Business·Currency·News

Nigeria’s Finance Minister Promises a Level Playing Field for Global Investors

Speaking to a gathering of Indian investors at the G20 summit in India, Nigeria’s Finance Minister, Wale Edun, affirmed the government’s commitment to removing obstacles that hinder exchange rate and inflation stability for a level playing field for Global investors. In a

September 10, 2023

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

Business·Currency

CBN-backed Official Window Record Increase In Dollar Rate, USD Falls In Black Market

The price of the United States currency, the dollar, was increased by N24.53 kobo in the Investors’ and Exporters’ window of the official market on Thursday. In a report obtained from the FMDQ Exchange, the dollar rate rose to N762.71/$1 at the

September 1, 2023

Business·Currency

Official Market Records Decline In Dollar Rate, Trade Flat In Black Market

The FMDQ Exchange reported on Wednesday that the price of the United States Dollar (USD) dropped by N37.16 kobo to N738.18/$1 in the Investors’ and Exporters’ window. It was learnt that the exchange rate between the naira and the dollar was brought

August 31, 2023

Naira Vs Dollar: What To Expect This Week (2nd - 6th June 2025)

Business·Currency

Official Window, Black Market Dollar Rates Rise As Naira Depreciates

On Tuesday, the naira dropped in value by 0.41 per cent, as the exchange rate to the dollar settled at N775.34/$1 in the Investors’ and Exporters’ window of the official market. The day before, the exchange rate between both the United States

August 30, 2023

Naira Ends Week With N59.71 Gain At Official Market

Business·Currency

Authorised Dealers Increase Dollar Rates In Black Market, Official Window

The official market aggregator, FMDQ Exchange, reported that the naira to dollar exchange rate closed at N772.12/$1 in the Investors’ and Exporters’ (I&E) window of the official market on Monday. According to the report, the authorised dealers raised the exchange rate between

August 29, 2023

Naira Opens Week With Gain Across FX Markets

Business·Currency

Dollar Sells At N778/$1 In CBN-backed Official Window, Stabilises In Black Market

In the Investors’ and Exporters’ window of the official market on Friday, the United States Dollar (USD) rate closed at N778.42/$1, up from N771.69/$1 reported on Thursday. This is according to the FMDQ Exchange, the official market aggregator, which also revealed that

August 28, 2023

Currency·Finance & Economy

Nigeria lets naira weaken in possible move to unify exchange rates

Nigeria let the naira weaken to a record low against the dollar on the official market on Friday, according to traders, who said this could be a move by the central bank to unify multiple exchange rates. Having traded within a band

August 28, 2023

Business·Currency

Black Market, Official Window Forex Dealers Drop Dollar Rate

Authorised dealers and their clients traded the dollar at the rate of N771.69/$1 at the close of trading in the Investors’ and Exporters’ (I&E) window of the official market on Thursday. This is slightly below the N773.42/$1 rate reported on Wednesday, indicating

August 25, 2023

Business·Currency·Insights

2years Of BDC Ban: Dollar Hoarders Made Whopping 80% Gain From Emefiele’s Infamous Decision

Six days ago, the Central Bank of Nigeria (CBN) lifted the restriction placed on sales of foreign exchange to the Bureau De Change operators by the apex Bank’s suspended chief, Godwin Emefiele. Since his suspension, the CBN’s acting governor, Fola Shonubi, has

August 24, 2023

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Currency - Page 52

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

Yellow Card, MoonPay Partner to Revolutionize Crypto Accessibility in Nigeria

Nigeria’s Finance Minister Promises a Level Playing Field for Global Investors

CBN-backed Official Window Record Increase In Dollar Rate, USD Falls In Black Market

Official Market Records Decline In Dollar Rate, Trade Flat In Black Market

Official Window, Black Market Dollar Rates Rise As Naira Depreciates

Authorised Dealers Increase Dollar Rates In Black Market, Official Window

Dollar Sells At N778/$1 In CBN-backed Official Window, Stabilises In Black Market

Nigeria lets naira weaken in possible move to unify exchange rates

Black Market, Official Window Forex Dealers Drop Dollar Rate

2years Of BDC Ban: Dollar Hoarders Made Whopping 80% Gain From Emefiele’s Infamous Decision

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