dollar

CBN Clarifies: No Intention to Convert Funds in Domiciliary Accounts to Naira

Nigeria’s central bank has said there was no plan to convert the funds in domiciliary accounts to naira. Media reports had claimed that the bank planned to convert about $30…

Feb 3, 2024

business

CBN, dollar, Naira

CBN Directs Banks to Sell Excess Dollars Within 24 Hours

Amid its fresh moves to stabilise the nation’s volatile exchange rate, the Central Bank of Nigeria has ordered Deposit Money Banks to sell their excess dollar stock latest February 1,…

Feb 1, 2024

business

CBN, dollar, Fx

Naira gains 19% to N874.79/$ in NAFEM

The naira yesterday appreciated N874.79 per dollar in the Nigerian Foreign Exchange Market (NAFEM). Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N874.79 per dollar…

Jan 12, 2024

business

dollar, Naira

Naira Hits Record Low, Trades at N1,099 per Dollar in Official Market

The Nigerian naira tumbled to an all-time low of N1,099 against the dollar, on Friday, at the country’s official exchange rate window — the Nigerian Autonomous Foreign Exchange Market (NAFEM).…

Dec 11, 2023

business

dollar, exchange, Naira

Naira Stable at Parallel Market, Depreciates at Official I&E to N1,155, N881

The naira was stable at the parallel against the dollar where it exchanged at N1,155/$1 while it depreciated at the official I&E window closing the day at N881.88/$1. The official…

Nov 29, 2023

business

dollar, Naira

Naira Appreciates In Black Market As CBN Intensifies FX Backlog

The naira has continued to gain momentum against the United States currency, the US dollar, after the Central Bank of Nigeria (CBN), intensified the clearance of the backlog of foreign…

Nov 14, 2023

business

CBN, dollar, Naira

Naira increase further to N1,080

The Naira continued its free fall against the dollar on Tuesday, depreciating to N1,080/$ in the parallel market. This is 4.85 per cent decline when compared to the N1, 030/$…

Nov 8, 2023

business

dollar, Naira

Dollar to Settle At N650 to N750 Before End of 2023 – Chairman of Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele

Taiwo Oyedele has assured Nigerians that dollar could settle at N650 to N750 before the end of 2023. Oyedele is the Chairman of the Presidential Committee on Fiscal Policy and…

Oct 31, 2023

business

dollar, Naira, Taiwo Oyedele

CBN Clarifies: No Intention to Convert Funds in Domiciliary Accounts to Naira

CBN Directs Banks to Sell Excess Dollars Within 24 Hours

Naira gains 19% to N874.79/$ in NAFEM

Naira Hits Record Low, Trades at N1,099 per Dollar in Official Market

Naira Stable at Parallel Market, Depreciates at Official I&E to N1,155, N881

Naira Appreciates In Black Market As CBN Intensifies FX Backlog

Naira increase further to N1,080

Dollar to Settle At N650 to N750 Before End of 2023 – Chairman of Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele

Hey!

Join the club

Categories

Tags

Blogroll