Naira dollar exchange

CBN Orders Banks, Forex Dealers To Accept Old, Lower Dollar Denominations

The Central Bank of Nigeria (CBN) has warned licensed forex dealers and Deposit Money Banks (DMBs) against rejecting older and smaller denominations of US dollars. The apex bank stated that they are

Victor Ezeja

3 weeks ago

Business·Currency·Latest News

Why Nigerian Govt Plans To Ban Naira From Crypto Trading Platforms

the Securities and Exchange Commission (SEC) has finalized plans to delist the naira from all peer-to-peer cryptocurrency trading platforms.

Victor Ezeja

3 months ago

Customs Exchange Rate For Import Duties Rises To N1,524/$1

Currency·Finance & Economy

CBN Raises Customs FX Rate For Import Duties By 19.43% In 1 Week As Naira Depreciates

CBN has increased the foreign exchange (FX) rate for calculating Customs duties by 19.43 per cent in one week following the recent depreciation of the naira in the forex market.

Victor Ezeja

3 months ago

Forex: Naira Ends Week On Positives Note With N1,431/$ At Official Market

Business·Currency

Forex: Naira Ends Week On A Positive Note With N1,431/$ At Official Market

Nigeria’s currency, the naira, that has been depreciating in value for months in the foreign exchange market, ended this week on a positive note at rate of N1,431.49 against one US Dollar

Victor Ezeja

4 months ago

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CBN Orders Banks, Forex Dealers To Accept Old, Lower Dollar Denominations

Why Nigerian Govt Plans To Ban Naira From Crypto Trading Platforms

CBN Raises Customs FX Rate For Import Duties By 19.43% In 1 Week As Naira Depreciates

Forex: Naira Ends Week On A Positive Note With N1,431/$ At Official Market

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