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Currency - Page 68

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·Top Stories

Naira Scarcity: Banks, POS Operators, Restaurants, UNN Students On Collision Course

Iheoma, a student of the University of Nigeria Nsukka (UNN) narrates her ordeal with a shop owner in the university town as she attempted to buy a few necessary items. “I was told that every item I buy attracts an extra N50;

February 5, 2023

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

Business·Currency

Prime Business Africa Hosts Twitter Space To Discuss CBN’s Naira Debacle

As Nigerians suffer the ripple effect from the Central Bank of Nigeria’s (CBN) hasty transition from the old Naira to the redesigned banknotes, Prime Business Africa has organised a Twitter space to shed more light on the Naira debacle. The Twitter space

February 3, 2023

CBN Naira Redesign Policy Deteriorates Business Condition – Stanbic IBTC

2023 Elections·Business·Currency

Old Naira: Buhari, Governors Meet, To Decide On Extension In 7 Days

President Muhammadu Buhari met with Governors of the All Progressive Congress (APC) on Friday, 3, February 2023, over the prolonged scarcity of Naira notes in Nigeria. The governors visited the State House in Abuja to compel President Buhari to override the deadline

February 3, 2023

Naira Appreciates At Official Market As Dollar Supply Rises On Friday

Business·Currency

Dollar Rate Rises As Naira Note Scarcity Hits Nigerian Banks

The Dollar rate appreciated in the official foreign exchange market on Thursday, 2, February 2023, as Nigerian commercial banks struggle to make Naira available to the public. According to data obtained from the FMDQ Exchange, the Naira took a beating, losing –0.11

February 3, 2023

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

Business·Currency

Dollar Rate Falls By 0.80% In Bureau De Change Window

The exchange rate depreciated in the Bureau De Change window of the black market on Wednesday, 1, February 2023, after the Central Bank of Nigeria (CBN) confirmed banks will continue to receive old Naira after the phase-out deadline. Naira appreciated by 0.80

February 1, 2023

Currency·News

EFCC Arrests Racketeers Of New Naira Notes

Operatives of the Economic and Financial Crimes Commission (EFCC), have arrested members of a syndicate of currency racketeers hoarding and trading with the redesigned Naira notes. According to a statement by the EFCC’s Head of Media and Publicity, Wilson Uwujaren, the suspects

February 1, 2023

Naira Opens Week With Gain Across FX Markets

Business·Currency

Naira Gains Against Dollar, As Exchange Rate Falls In Black Market, Official Window

The exchange rate between the Naira and the United States Dollar (USD) depreciated on Monday, 30, January, 2023, on the back of a stronger local currency. According to the exchange rate data obtained from the FMDQ Exchange, it was learnt that the

January 31, 2023

Business·Currency

Video: New Naira Scarcity Forces Nigerians To Fight At ATMs

The biting scarcity of the new naira notes, worsened by the deadline set by the Central Bank of Nigeria (CBN), has forced Nigerians to fight at the Automated Teller Machine point in a bank as they struggle to withdraw money. The naira

January 31, 2023

Currency

Naira Redesign: Commuters Stranded As Traders, Artisans Reject Old Notes In Enugu

By Ndidiamaka Ede & Makwe Nkiruka The unavailability of the new naira notes has caused palpable uneasiness among commuters in parts of Enugu State. Traders, artisans, and POS operators have stopped collecting old notes for almost a week now for fear of

January 29, 2023

Naira Ends Week With Marginal Gain Against Dollar

Business·Currency·Insights

How Nigerian Youths, Traders Strengthen Dollar Against Naira, Prospects For 2023

The Naira suffered heavy depreciation against the United States Dollar (USD) in 2022 in the official channel and the Bureau De Change-controlled Black market. Despite some notable policies by the Central Bank of Nigeria (CBN) to strengthen the Naira’s chances against the

January 27, 2023

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Currency - Page 68

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

Naira Scarcity: Banks, POS Operators, Restaurants, UNN Students On Collision Course

Prime Business Africa Hosts Twitter Space To Discuss CBN’s Naira Debacle

Old Naira: Buhari, Governors Meet, To Decide On Extension In 7 Days

Dollar Rate Rises As Naira Note Scarcity Hits Nigerian Banks

Dollar Rate Falls By 0.80% In Bureau De Change Window

EFCC Arrests Racketeers Of New Naira Notes

Naira Gains Against Dollar, As Exchange Rate Falls In Black Market, Official Window

Video: New Naira Scarcity Forces Nigerians To Fight At ATMs

Naira Redesign: Commuters Stranded As Traders, Artisans Reject Old Notes In Enugu

How Nigerian Youths, Traders Strengthen Dollar Against Naira, Prospects For 2023

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Currency - Page 68

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