Currency - Page 15

Stay informed with the latest updates on Naira, Dollar, Pounds, and global currency exchange rates. Prime Business Africa provides real-time forex news, market trends, and expert analysis crucial for businesses and individuals dealing with foreign currencies. Understand the impact of fluctuating exchange rates on the economy and make informed financial decisions.

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

7 months ago

Cryptocurrency Platforms Begin Charging 7.5% VAT On Transaction In Nigeria

Business·Currency·Latest News

Nigerian Govt Plans Suspension Of $57bn Crypto Businesses To Rescue Naira

Following a Monday meeting between the Securities and Exchange Commission SEC and operators of digital assets, Nigeria’s $56.7 billion peer-to-peer market in crypto is being considered for suspension by the government. Given

Emmanuel Ochayi

7 months ago

Business·Currency·Latest News·World News

Bitcoin, Ethereum Prices Rebound Following Interest Rate Uncertainty In U.S.

After a turbulent week characterized by speculative activity before a crucial Federal Reserve meeting and its potential impact on interest rates in the US, the prices of Bitcoin and Ethereum have rebounded.

Emmanuel Ochayi

7 months ago

CPPE Highlights Why Nigerian Govt Should Review Customs FX Rate For Cargo Clearance

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

7 months ago

Moghalu Highlights How Trump’s Presidency Will Affect African Economies

Currency·Finance & Economy

Forex Crisis: Let’s Deal With Real Issues Of Boosting Production To Stabilise Naira – Moghalu

Prof. Kingsley Moghalu, has urged the Nigerian government to focus on dealing with real issues affecting production in the country to achieve stability of the naira.

Victor Ezeja

7 months ago

CBN’s FX Market Intervention Falls Short As Naira Struggles To Gain Ground

Business·Currency·Latest News

Naira Ends Week With 9% Depreciation, Exchanges N1,169/$1 At Official Market

The Nigerian currency, the Naira, ended the week with a 9.1 per cent depreciation at the official segment of the foreign exchange market.

Victor Ezeja

7 months ago

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 24th October 2024

Business·Currency·Finance & Economy

Naira Ends Week Positively, Inches Closer To Below ₦1,000/$1 Exchange Rate

Nigeria’s local currency, the naira, has continued to sustain its appreciation, ending the week on a positive note as it marches closer to below ₦1,000 mark in both parallel and official windows

Victor Ezeja

8 months ago

Naira Strengthens To N1,576 As Dollar Supply Rises

Business·Currency

Economic Expert Highlights Implications Of CBN’s Forex Sales To BDCs

A financial analyst and educator, Kalu Ajah, has highlighted the implications of forex sales to Bureau de Change (BDC) operators by the Central Bank of Nigeria (CBN) at a lower rate.

Victor Ezeja

8 months ago

71.4% Of Nigerians Call For Interest Rate Reduction – CBN Survey

Business·Currency·Finance & Economy·Latest News

Why CBN Banned Use Of Foreign Currency Collaterals For Naira Loans

The Central Bank of Nigeria (CBN) has tightened regulations surrounding loan collaterals, specifically targeting the use of foreign currencies.

Emmanuel Ochayi

8 months ago

CBN Releases Another Around Of $10,000 FX To Each BDC, Mandates Them To Sell At N1,117/$1

Business·Currency

CBN Releases Another Round Of $10,000 FX To Each BDC, Mandates Them To Sell At N1,117/$1

In its relentless push to stabilise naira in the foreign exchange market, the Central Bank of Nigeria (CBN), has announced another round of sales of FX to eligible Bureau de Change (BDCs)

Victor Ezeja

8 months ago

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Currency - Page 15

Why Nigerian Govt Plans To Ban Naira From Crypto Trading Platforms

Nigerian Govt Plans Suspension Of $57bn Crypto Businesses To Rescue Naira

Bitcoin, Ethereum Prices Rebound Following Interest Rate Uncertainty In U.S.

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

Forex Crisis: Let’s Deal With Real Issues Of Boosting Production To Stabilise Naira – Moghalu

Naira Ends Week With 9% Depreciation, Exchanges N1,169/$1 At Official Market

Naira Ends Week Positively, Inches Closer To Below ₦1,000/$1 Exchange Rate

Economic Expert Highlights Implications Of CBN’s Forex Sales To BDCs

Why CBN Banned Use Of Foreign Currency Collaterals For Naira Loans

CBN Releases Another Round Of $10,000 FX To Each BDC, Mandates Them To Sell At N1,117/$1

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