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Currency - Page 67

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

Currency·Finance & Economy·Insights

7 Important Takeaways From Buhari’s Speech On Naira Policy

The CBN on 26 October 2022, announced the introduction of redesigned N100, N200, N500 and N1,000 banknotes into the financial system and in December 2022, introduced the new naira note design to the public. However, the governor of the Central Bank of

February 16, 2023

Naira Opens Week With Gain Across FX Markets

Business·Currency

Dollar Rate Falls In CBN-Backed Official Market, Buhari Projects Stability

Exchange rate between the Naira and the United States Dollar (USD) fell in the official market on Wednesday, 15 February 2023. According to the exchange rate data obtained from the FMDQ Exchange, the cost of buying a Dollar depreciated by N0.17 kobo.

February 16, 2023

Currency·Finance & Economy

Full Text Of Buhari’s Speech On Naira Policy

President Muhammadu Buhari on Thursday at 7 am addressed the nation about the naira redesign policy of the Central Bank of Nigeria, which has resulted in protests in some parts of the country as result of scarcity of th new currency notes.

February 16, 2023

Business·Currency·News·Top Stories

Food Prices Drop On CBN’s Naira Policy In Suleja, Lambata, Other Markets

Amid widespread hardship trailing Nigeria’s naira policy implementation, the country’s central bank says inflation is already abating and could pleasantly drop some 4 percent off its current 22 percent rate by mid 2023. The general scarcity of the naira notwithstanding, Prime Business

February 15, 2023

Eight Controversial Decisions By Godwin Emefiele As CBN Governor

Business·Currency·News

Why Naira Scarcity, Queues – CBN’s Emefiele Briefs Diplomatic Community

Governor of the Central Bank of Nigeria (CBN) on Tuesday took his campaign for his naira redesign and cashless policy to the members of the diplomatic community who met at the Ministry of Foreign Affairs in Abuja. Emefiele, who said he was

February 14, 2023

FCCPC To Investigate, Penalise POS Agents, Says POS Service Price Increase Illegal

Business·Currency

Naira Crisis: CBN Vows To Arrest POS Operators Charging Above N200 Or Selling New Notes

The Central Bank of Nigeria (CBN), has vowed to arrest and prosecute Point of Sale (PoS) operators, and others taking advantage of Nigerians by engaging in the illicit business of selling the new naira notes due to the lingering scarcity. The Director,

February 14, 2023

Naira Appreciates To N869/$1 As Experts Debate Stability

2023 Elections·Business·Currency

New Report Predicts Dollar Hoarders To Lose Significantly In Black Market

Persons hoarding Dollars and betting against the Naira are set for a shock in 2023, according to credit rating agency, Agusto & Co, as the firm predicted the Naira will gain big against the United States currency. In a report titled ‘2023

February 14, 2023

KPMG Makes Naira Projection After Foreign Capital Importation Drops To $1.06 billion

Business·Currency

How CBN’s Currency Redesign Created ‘Naira Black Market’ – NGF

The Nigerian Governors’ Forum (NGF) has accused the Central Bank of Nigeria (CBN) of carrying out a “currency confiscation” in its ongoing Naira Redesign programme and subjecting Nigerians to serious economic stress. The governors equally lamented that the scarcity of the new

February 13, 2023

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

Business·Currency·News

Black, Official Market Dollar Rate Gap Drops On S’Court Order

The gap between the dollar-naira rates in black and official windows dropped on Thursday, but stayed close to N300. In the black market on Thursday, Bureau De Change operators informed Prime Business Africa that they offer an exchange rate between N760-N780/$1 for

February 9, 2023

Business·Currency·News

Sterling Bank Denies ‘Hoarding’ Millions Of N200 Notes In Ado-Ekiti Vault

Sterling Bank Plc on Sunday explained circumstances surrounding the caches of N200 notes stashed away in the vault of its Ado-Ekiti branch, while its Automated Teller Machines (ATMs) were allegedly bereft of cash. An official of the Central Bank of Nigeria (CBN)

February 6, 2023

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Currency - Page 67

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

7 Important Takeaways From Buhari’s Speech On Naira Policy

Dollar Rate Falls In CBN-Backed Official Market, Buhari Projects Stability

Full Text Of Buhari’s Speech On Naira Policy

Food Prices Drop On CBN’s Naira Policy In Suleja, Lambata, Other Markets

Why Naira Scarcity, Queues – CBN’s Emefiele Briefs Diplomatic Community

Naira Crisis: CBN Vows To Arrest POS Operators Charging Above N200 Or Selling New Notes

New Report Predicts Dollar Hoarders To Lose Significantly In Black Market

How CBN’s Currency Redesign Created ‘Naira Black Market’ – NGF

Black, Official Market Dollar Rate Gap Drops On S’Court Order

Sterling Bank Denies ‘Hoarding’ Millions Of N200 Notes In Ado-Ekiti Vault

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Currency - Page 67

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