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Dollar

Dollar, Bitcoin Rise As Trump Wins Election

The victory of Donald Trump, in the United States 2024 Presidential election has triggered a significant surge in the value of dollars and Bitcoin in the financial market. Analysts attribute the development to the fact that investors are placing bets at Trump’s

November 6, 2024

The exchange rate of the US dollar against the Iraqi dinar witnessed a significant surge in the markets of Baghdad and Erbil.

Business·Currency·News·World News

Dollar Rises Against Iraqi Dinar, Local Markets Offer Stability

The exchange rate of the US dollar against the Iraqi dinar witnessed a significant surge in the markets of Baghdad and Erbil. This unexpected surge came in the wake of the closure of the main stock exchanges, sending shockwaves through the financial

October 1, 2023

Business

Dollar Scarcity Crippling Airline Business In Nigeria, Expert Reveals Solution

Dollar scarcity in Nigeria is crippling airline business within the country, the Deputy Managing Director of an aircraft serviceability firm, 7Star Global Group, Air Commodore Simon Okwuokei (retd), has revealed. In a report on Tuesday, Okwuokei said that domestic airline operators are

April 11, 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

CBN Places Service Restriction On PoS Agents Across Nigeria

Business

Emefiele Plans To Stop Dollar Charges On Domestic Transactions

The Central Bank of Nigeria (CBN) has disclosed that domestic transactions on foreign cards will no longer be charged in dollars. CBN Governor, Godwin Emefiele, made this known during a virtual launch of the Nigerian National Domestic Card Scheme, AfriGo, on Thursday.

January 26, 2023

Top Two Billionaires, Bernard Arnault, Elon Musk, Lose $7.8 billion, As Wealth Drops

Business

Nigerians To Pay N447,000 For Elon Musk’s Starlink Network

The network hardware of Starlink, an internet provider firm owned by billionaire, Elon Musk, will cost Nigerians $600 to own, the company revealed in a statement. To acquire the network hardware, Starlink is only accepting dollar payments, making it impossible for many

January 4, 2023

Business

Ghanaian Cedi Becomes Worst Currency Among 148 Countries, Raises Cost Of Living

Ghana’s currency, cedi, has been rated the worst performing currency in the world, as the legal tender continues to suffer depreciation in value against the United States dollar in 2022. In the last 10 months, Ghanaian cedi lost 45.1 per cent of

October 18, 2022

Business

CBN’s Move To Defend Naira Against Dollar Affects External Reserves, Drops $337 million In Two Weeks

The Central Bank of Nigeria (CBN) has taken foreign exchange out of the external reserves to defend the naira against the dollar, resulting to the reserves depleting by $337 million. According to data from the central bank, it was gathered that the

August 16, 2022

Business·Currency

Black Market Dollar To Naira Exchange Rate Today: Nigerian Currency Depreciates 21% Since CBN Ban On BDC Operators

The United States currency, Dollar, and that of Nigeria, Naira, held tight to their ground on Friday, trading at the same previous rates across the official foreign exchange market, Investors & Exporters (I&E) window, as well as the black market. On Thursday,

June 20, 2022

Business·Currency

Black Market Dollar To Naira Exchange Rate Today: Nigerians Now Pay Over N600 To Get $1

The Nigerian currency, Naira, fell to the dollar on Wednesday, in the black market segment of the foreign exchange channels, depreciating by -0.2% at the end of trading activities in the peer-to-peer market. On Tuesday, the Naira had closed at N615 to

June 16, 2022

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Dollar

Dollar, Bitcoin Rise As Trump Wins Election

Dollar Rises Against Iraqi Dinar, Local Markets Offer Stability

Dollar Scarcity Crippling Airline Business In Nigeria, Expert Reveals Solution

Dollar Rate Rises As Naira Note Scarcity Hits Nigerian Banks

Emefiele Plans To Stop Dollar Charges On Domestic Transactions

Nigerians To Pay N447,000 For Elon Musk’s Starlink Network

Ghanaian Cedi Becomes Worst Currency Among 148 Countries, Raises Cost Of Living

CBN’s Move To Defend Naira Against Dollar Affects External Reserves, Drops $337 million In Two Weeks

Black Market Dollar To Naira Exchange Rate Today: Nigerian Currency Depreciates 21% Since CBN Ban On BDC Operators

Black Market Dollar To Naira Exchange Rate Today: Nigerians Now Pay Over N600 To Get $1

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