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Dollar - Page 2

Naira Records Marginal Gain As External Reserves Hit $41.27bn In August

Dollar Depreciates Against Naira In Official Window, Trades At N1,473/$ In Black Market

The United States dollar (USD) depreciated against the naira on Tuesday, December 2, as the foreign exchange (FX) rate closed trading at N1,447/$. Data covering the Nigerian foreign exchange market (NFEM), released by the Central Bank of Nigeria (CBN), showed that the

December 2, 2025

CBN Insists On June 3 Recapitalisation Deadline For BDCs

Business·Top Stories

Gap Between Official Window, Parallel Market Dollar Rates Widens To N23

In the official window on Monday, December 1, the foreign exchange rate for the dollar increased by N3.1 kobo after the naira depreciated by 0.21 percent at the close of trading. According to data obtained from the Central Bank of Nigeria (CBN),

December 1, 2025

Naira vs Dollar: What To Expect This Week (24th-30th, March 2025)

Business

Dollar Rate Gap Between Official Window, Parallel Market Reduces To N29

The gap between the parallel market and the official window reduced to N29 on Thursday, November 27, from N32.9 kobo recorded on Wednesday, November 26. The gap reduced despite the United States dollar (USD) appreciating against the naira in the official window,

November 27, 2025

FX Market: Naira Opens Week With Decline

Business

Naira Appreciates Against Dollar To N1,474.9/$ In Parallel Market

The dollar rate dropped by N5.1 kobo or 0.34 percent on Wednesday, November 26, after the naira appreciated against the United States currency in the parallel market. The dollar exchanged at N1,474.9/$ in the black market, compared to the N1,480 the greenback

November 26, 2025

Dollar, Bitcoin Rise As Trump Trump Wins Election

Finance & Economy·Markets·News

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

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Dollar - Page 2

Dollar Depreciates Against Naira In Official Window, Trades At N1,473/$ In Black Market

Gap Between Official Window, Parallel Market Dollar Rates Widens To N23

Dollar Rate Gap Between Official Window, Parallel Market Reduces To N29

Naira Appreciates Against Dollar To N1,474.9/$ In Parallel Market

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

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