Foreign Exchange

Foreign Airlines Increase Forex Rate On Ticket Charge In Nigeria

International airlines have raised the foreign exchange (Forex) rate in their ticket charge for international travel, a move that could… Read More

1 year ago

Dollar Rate Up In Official Market, As Naira Drops In Value

The exchange rate between the Naira and Dollar settled at N463.50/$1 on Monday, 3 March 2023, as the Nigerian currency… Read More

1 year ago

Naira to Dollar Rate Today – Latest News, Updates

Naira to Dollar Exchange Rate – Latest News, Updates Prime Business Africa (PBA) brings you the latest news/updates on dollar… Read More

1 year ago

Naira Gains In Official Market Despite Dollar Crunch

The foreign exchange (Forex) rate between Nigeria and the Dollar fell to N461.33 kobo/$1 on Friday, 24 March 2023, as the… Read More

1 year ago

Access Bank Reduces Forex Payout For International Students, Traders

Access Bank has reviewed its foreign exchange (FX) application for international school fees, a move that indicates other banks might follow… Read More

1 year ago

Mixed Fortunes For Forex Markets: How Tinubu’s Win Will Affect Dollar Rate

The United States Dollar (USD) gained against the Naira in the black market on Thursday, 2 March 2023, as the… Read More

1 year ago

How Nigerian Youths, Traders Strengthen Dollar Against Naira, Prospects For 2023

The Naira suffered heavy depreciation against the United States Dollar (USD) in 2022 in the official channel and the Bureau… Read More

1 year ago

Diaspora Remittances: CBN Threatens To Withdraw Banks’ Forex Licences

Nigerian banks risk losing their foreign exchange dealership licences for violating directive of the Central Bank of Nigeria (CBN) on… Read More

1 year ago

Dollar Rate Rises As Newly Redesigned Naira Notes Enter Circulation

The foreign exchange (forex) rate between the naira and the United States dollar appreciated in the official and black market… Read More

1 year ago

CBN’s Godwin Emefiele Tells GTBank, Zenith, Others To Source Non-oil Export Forex

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has urged banks to source for foreign exchange (forex)… Read More

1 year ago

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