Currency - Page 25

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

Former Finance Minister Says Nigeria’s FX Crisis Worthy Of Guinness World Records

In an assessment of Nigeria’s economic turmoil, former Minister of Finance, Kalu Idika, expressed profound concern over the country’s foreign exchange crisis, suggesting it merits a place in the Guinness World Records.

Emmanuel Ochayi

1 year ago

Business·Currency·Latest News

Zhao Plea Deal: Traders ‘Withdraw Over $1 Billion’ From Binance In 24 Hours

Twenty-four hours after Binance founder, Changpeng Zhao resigned and pleaded guilty in a settlement with United States authorities, outflows from the world’s largest crypto exchange by trade volume have exceeded $1 billion,

Victor Ezejaand

Admin

1 year ago

Business·Currency·Latest News·World News

US SEC Sues Kraken, Accelerating Crypto Exchange Regulation

The U.S. Securities and Exchange Commission (SEC) escalated its regulatory crackdown on cryptocurrency exchanges, filing a lawsuit against Kraken, the third-largest global exchange. Accused of operating without regulatory approval, this legal action

Emmanuel Ochayi

1 year ago

Official Market Records Decline In Dollar Rate, Trade Flat In Black Market

Business·Currency·Latest News

13 Nigerian States Reap N71.59 Billion Forex Profits Amidst Naira’s Depreciation

In a financial upturn that defied the odds, thirteen Nigerian states have raked in a sum of N71.59 billion in foreign exchange revaluation profits within just three months. This revelation surfaced from the latest

Emmanuel Ochayi

1 year ago

Naira Slips Again As Dollar Supply Drops

Business·Currency·Finance & Economy·Latest News

8 Firms Hit By Naira Devaluation: N918.1bn Currency Revaluation Loss

In a blow to major corporations, the decline in the naira’s value has led eight Nigerian firms to declare N918.1 billion in currency revaluation losses. The naira’s slide, exacerbated by the market-driven

Emmanuel Ochayi

1 year ago

Business·Currency·Latest News

Naira Rises To N780/$1 In Official Market, Depreciates In Black Market

Today’s financial landscape presents a tale of dual destinies for the Nigerian naira: a soaring achievement in the official market as it reaches a new high of N780 against the dollar, juxtaposed

Emmanuel Ochayi

1 year ago

Naira Rises Against Dollar, Ends Week On Positive Note

Business·Currency·Latest News

Naira Gains To N1120/$1 As Nigerian Govt Aims To Boost Dollar Supply

The Naira experienced a gain of 1.75 percent against the dollar on the parallel market, reaching N1120/$1 on Thursday. This upward movement is attributed to growing optimism surrounding the government’s plans to enhance

Emmanuel Ochayi

1 year ago

Business·Currency·Latest News

Naira Depreciates In Official Market, Black Market On Wednesday

The naira took a dip against the U.S. dollar, leaving speculators scratching their heads. The official market, usually a bastion of stability, witnessed a 0.55% depreciation, closing at N874.71 to a dollar

Emmanuel Ochayi

1 year ago

Naira Depreciation Spurs Export Surge To N35trn

Business·Currency·Latest News

Old, Redesigned Naira Notes Remain Legal Tender – CBN

The Central Bank of Nigeria (CBN) has reiterated that the old and newly redesigned naira notes remain legal tender. The CBN emphasized this point following Section 20(5) of the CBN Act, 2007.

Emmanuel Ochayi

1 year ago

Naira Falls To N1687 Per Dollar At Official Market

Business·Currency·Latest News

Naira Depreciates To N869/$1 In Official Market, Gains In Black Market

The exchange rate between the Naira and the US Dollar saw a drop to N869.91 per dollar on Tuesday at the official market. This development marks an N60.89 loss, representing a 6.99%

Emmanuel Ochayi

1 year ago

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Currency - Page 25

Former Finance Minister Says Nigeria’s FX Crisis Worthy Of Guinness World Records

Zhao Plea Deal: Traders ‘Withdraw Over $1 Billion’ From Binance In 24 Hours

US SEC Sues Kraken, Accelerating Crypto Exchange Regulation

13 Nigerian States Reap N71.59 Billion Forex Profits Amidst Naira’s Depreciation

8 Firms Hit By Naira Devaluation: N918.1bn Currency Revaluation Loss

Naira Rises To N780/$1 In Official Market, Depreciates In Black Market

Naira Gains To N1120/$1 As Nigerian Govt Aims To Boost Dollar Supply

Naira Depreciates In Official Market, Black Market On Wednesday

Old, Redesigned Naira Notes Remain Legal Tender – CBN

Naira Depreciates To N869/$1 In Official Market, Gains In Black Market

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