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
MoreThe 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
MoreGhana’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
MoreCBN’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
MoreThe 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
MoreThe 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
MoreThe Association of Bureaux De Change Operators of Nigeria (ABCON) has urge the Central Bank of Nigeria (CBN) to partner with the group in order to end multiple exchange rates, as rise
MoreThe cost of exchanging naira to dollar increased on Thursday in the black market, as the value of the Naira continues to move in different paths across the peer-to-peer segment and the
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