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Currency - Page 70

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

Naira Opens Week With Gain Across FX Markets

Business·Currency

Naira Gains Against Dollar In Black Market, Official Market

The exchange rate between the naira and the dollar depreciated in the black market and the official channel on Wednesday, 18 January 2023. In the official market, the naira held on against the United States currency, appreciating slightly by 0.05 per cent,

January 19, 2023

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

Business·Currency

Forex Transaction Drops In Official Market, Dollar Rate Rises In Black Market

The volume of foreign exchange (forex) traded on Tuesday, 17 January 2023, fell by 72 per cent in the Investors and Exporters (I&E) window of the official market. According to data obtained from the FMDQ Exchange, which monitors foreign exchange rates in

January 18, 2023

Naira Ends Week With Marginal Gain Against Dollar

Business·Currency

Official Dollar Rate Falls, As Peter Obi Refuses To Blame Emefiele For Naira’s Crash

The naira appreciated in value in the official market on Monday, 16 January 2023, as Peter Obi absolved the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, of the exchange rate crisis. After the trading session, the exchange rate between

January 17, 2023

Business·Currency

Peter Obi Reveals Why Inflation, Dollar Rate Rise Under Buhari’s Gov’t

The Presidential candidate of the Labour Party (LP), Peter Obi, has revealed the reason Nigeria’s inflation and the exchange rate has been on an upward path under President Muhammadu Buhari. Obi said the fiscal rascality or weak governance structure is to blame

January 17, 2023

Business·Currency

Dollar Rate Rises As CBN Finds It Difficult To Supply Forex

The naira couldn’t hold its ground against the dollar on Friday, 13 January 2023, depreciating in value by 0.16 per cent, data from the FMDQ Exchange has shown. According to the data rate aggregator of the official market, it was learnt that

January 16, 2023

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

Business·Currency

Dollar Rate Falls In Official Market, Oil Marketer Blames Forex For Fuel Scarcity

The naira rose in value in the Investors’ and Exporters’ window of the official market on Thursday, January 12, 2023, as the dollar fell by -0.16 per cent in value. At the end of trading in the official channel backed by the

January 13, 2023

Business·Currency

Black Market Operators Offer To Buy Dollar Above CBN’s Official Market Rate

The Bureau De Change operators retained the exchange rate between the naira and the dollar in the black market at N288 above that of the official market. According to some Bureau De Change operators that spoke with Prime Business Africa on Thursday,

January 12, 2023

Business·Currency

Forex Supply Falls In Official Market, As Dollar Trades At N461.67, Pound Rises

The supply of foreign exchange (forex) fell by 40.3 per cent in the official market on Monday, as the exchange rate stabilises in the window backed by the Central Bank of Nigeria (CBN). During trading on January 10, Prime Business Africa leant

January 10, 2023

Currency·Finance & Economy

Naira Reissue Has No Monetary Policy Significance, Old Notes Deadline Unrealistic – Expert

The redesign of the New Naira Notes by the Central Bank of Nigeria (CBN) has continued to generate mixed reactions among economic experts. Chief Executive Officer, Centre for Promotion of Private Enterprise (CPPE), Dr. Muda Yusuf, says the newly redesigned Naira has

January 9, 2023

Business·Currency

BDC Operators Fix Dollar Rate Below N800, Set N900 For Pound

The exchange rate between the naira and the dollar settled below N800 on Monday in the Bureau De Change window of the black market. According to some Bureau De Change operators that spoke with Prime Business Africa, it was gathered that the

January 9, 2023

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Currency - Page 70

Why Tinubu’s Policies Can Crash Dollar Rate – Dangote

Naira Gains Against Dollar In Black Market, Official Market

Forex Transaction Drops In Official Market, Dollar Rate Rises In Black Market

Official Dollar Rate Falls, As Peter Obi Refuses To Blame Emefiele For Naira’s Crash

Peter Obi Reveals Why Inflation, Dollar Rate Rise Under Buhari’s Gov’t

Dollar Rate Rises As CBN Finds It Difficult To Supply Forex

Dollar Rate Falls In Official Market, Oil Marketer Blames Forex For Fuel Scarcity

Black Market Operators Offer To Buy Dollar Above CBN’s Official Market Rate

Forex Supply Falls In Official Market, As Dollar Trades At N461.67, Pound Rises

Naira Reissue Has No Monetary Policy Significance, Old Notes Deadline Unrealistic – Expert

BDC Operators Fix Dollar Rate Below N800, Set N900 For Pound

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