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Dollar rate - Page 9

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

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

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

Naira Opens Week With Gain Across FX Markets

Business·Currency

Dollar Sells At N780, Flat At Black Market

The exchange rate between the dollar and the naira at the black market was flat on Monday, but the case was different in the official market, where the Nigerian currency appreciated. Bureau De Change operators offered the United States currency at N780/$1.

November 22, 2022

Business·Insights

5 Major Reasons Naira Won’t Recover Soon

The naira might not recover anytime soon against the dollar due to five factors within and beyond the control of the Central Bank of Nigeria (CBN). In the past week, the chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa,

November 21, 2022

Naira Ends Week With N59.71 Gain At Official Market

Business·Currency

Dollar Rate Stable At Black Market, Falls In Official Channel After EFCC’s Prediction

The black market reports exchange rate stability between the naira and the US dollar on Thursday, while the Nigerian currency appreciated at the official window. Bureau De Change operators at the parallel market sold the dollar below N800, with the asking price

November 18, 2022

Obi, Atiku, Tinubu's Economic Plans To Create Highest Naira Devaluation

Business·Insights

Obi, Atiku, Tinubu’s Economic Plans Still Prone To Naira Devaluation

Next year, Nigeria’s currency, the Naira, will record its highest devaluation in recent years, ushering the country into a single foreign exchange market after years of operating a multiple exchange rate regime. Prime Business Africa drew this conclusion from the political tone

November 17, 2022

Business·Currency

EFCC Boss, Bawa, Makes Shocking Prediction On Dollar Rate

The Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, said the dollar could exchange for the naira at N200 due to the decision of the Central Bank of Nigeria (CBN) to redesign the currency. Bawa explained that redesigning the

November 16, 2022

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Dollar rate - Page 9

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

BDC Operators Drop Dollar Rate As Buhari Unveils New Naira Note

Dollar Sells At N780, Flat At Black Market

5 Major Reasons Naira Won’t Recover Soon

Dollar Rate Stable At Black Market, Falls In Official Channel After EFCC’s Prediction

Obi, Atiku, Tinubu’s Economic Plans Still Prone To Naira Devaluation

EFCC Boss, Bawa, Makes Shocking Prediction On Dollar Rate

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Dollar rate - Page 9

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