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Currency - Page 74

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

Nigeria's Treasury Bills Surpass N6.6trn In 2023 Amid Economic Headwinds

Business·Currency

Rise In Dollar Rate: 4 Ways New Naira Will Affect Nigerians, Economy

Last week Wednesday, President Muhammadu Buhari unveiled the new naira redesigned by the Central Bank of Nigeria (CBN), opening a new vista of events in Nigeria’s monetary policy management framework. The redesigned naira was received with mix reactions. Many expressed their disappointment

November 30, 2022

CBN Places Service Restriction On PoS Agents Across Nigeria

Business·Currency

Govt Must Tackle Oil Theft To Stabilise Forex Rate, Reserves – Emefiele Reveals

For Nigeria’s foreign reserves to rise and stabilise forex rate, the Federal Government must conclusively address the persistent challenge of oil theft, Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, said. According to Emefiele, the major solution to the instability

November 29, 2022

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

Business·Currency

Naira Gains Big, As Dollar Rate Crashes In Black Market, CBN-backed Window

The dollar rate in the Bureau De Change-controlled ‘black market’ fell on Monday, as the naira appreciated by -0.5 per cent, to strengthen its position against the American greenback. The Nigerian appreciated to N773 per dollar, as the cost of exchanging the

November 29, 2022

Naira Ends Week With Marginal Gain Against Dollar

Business·Currency

Dollar Rate Rises In Official Market, CBN’s Emefiele Blames Nigerians Abroad

The dollar rate was in opposite directions at the black and official markets on Friday, as the currencies continued to react to the emergence of new naira notes. In the parallel market, which is unsupported by the Central Bank of Nigeria (CBN),

November 28, 2022

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

Business·Currency

Naira Sustains Slow Recovery, As Dollar Goes For N772

The naira appreciated on Thursday against the dollar in the black market, as the exchange rate between both currencies went down by 0.39 per cent. This means that the rate to exchange the United States dollar fell by N3, to sell at

November 25, 2022

Nigeria’s Minimum Wage Now N19,355 – World Bank Says, Reveals Factors Hindering Growth

Business·Currency

CBN’s Deposit Record Rises By N165 billion On Old Naira Deadline

The Director of Currency for the Central Bank of Nigeria (CBN), Rasheed Adams, has disclosed that the financial regulator has received more deposits than it projected since the apex bank urged Nigerians to deposit old naira hoarded from the banking system. According

November 24, 2022

Council Of State Asks FG, CBN To Allow Banks Circulate Old Naira, Print New Banknotes

Business·Currency·News

New Naira Note Has Security Features To Prevent Counterfeiting – Buhari

President Muhammadu Buhari has stated that the new Naira notes have been fortified with security features to prevent counterfeit. Buhari stated this while launching the new ₦200, ₦500, ₦1000 bank notes on Wednesday in Abuja. According to a statement by the Special

November 23, 2022

Currency·News

Shehu Sani, Other Nigerians Knock Gov’t Over New Naira Design

Human rights activist, Senator Shehu Sani has berated the Nigerian government over the outlook of the new N200, N500, and N1,000 notes unveiled on Wednesday by President Muhammadu Buhari in Abuja. The unveiling took Nigerians by surprise as the Central Bank of

November 23, 2022

Business·Currency

BDC Operators Drop Dollar Rate As Buhari Unveils New Naira Note

The dollar rate in the black market dropped, hours after President Muhammadu Buhari and the Central Bank of Nigeria (CBN) unveiled the new naira note. In a chat with Prime Business Africa, a Bureau De Change operator in Ogba area of Lagos

November 23, 2022

Business·Currency

1.4 million Agents To Help Rural, Urban Dwellers Meet January 31 Deadline For Old Naira Notes – CBN

The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, said residents in rural areas have no excuse for not depositing old naira notes before the phase-out deadline of January 31, 2023. There were unconfirmed reports that herdsmen and their leaders

November 23, 2022

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Currency - Page 74

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

Rise In Dollar Rate: 4 Ways New Naira Will Affect Nigerians, Economy

Govt Must Tackle Oil Theft To Stabilise Forex Rate, Reserves – Emefiele Reveals

Naira Gains Big, As Dollar Rate Crashes In Black Market, CBN-backed Window

Dollar Rate Rises In Official Market, CBN’s Emefiele Blames Nigerians Abroad

Naira Sustains Slow Recovery, As Dollar Goes For N772

CBN’s Deposit Record Rises By N165 billion On Old Naira Deadline

New Naira Note Has Security Features To Prevent Counterfeiting – Buhari

Shehu Sani, Other Nigerians Knock Gov’t Over New Naira Design

BDC Operators Drop Dollar Rate As Buhari Unveils New Naira Note

1.4 million Agents To Help Rural, Urban Dwellers Meet January 31 Deadline For Old Naira Notes – CBN

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Currency - Page 74

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