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Dollar and naira

Charge In Naira: EFCC Stops Embassies From Dollar Transactions

The Economic and Financial Crimes Commission (EFCC) has taken a firm stand against the use of foreign currencies, particularly the US dollar, by foreign missions operating in Nigeria. In an advisory to the Minister of Foreign Affairs, Ambassador Yusuf Tuggar, the EFCC

May 11, 2024

Naira Ends Week With N30 Gain In Black Market: Hope For Naira?

Business·Markets·News

Naira Falls To N1,420/$1 At Parallel Market, Traders Cite Increased Demand

The value of the naira versus the US dollar declined further, trading at N1,309/$ on the official market and N1,420 on the black market. Currency brokers explain this away as more people want US dollars. In order to improve liquidity in the

April 26, 2024

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Dollar and naira

Charge In Naira: EFCC Stops Embassies From Dollar Transactions

Naira Falls To N1,420/$1 At Parallel Market, Traders Cite Increased Demand

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