Currency - Page 27

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

Naira Falls To N847/$ Official Exchange Rate

The official exchange rate witnessed a sharp decline, with the naira weakening to N847 against the dollar, marking a 6.93% drop from yesterday’s rate of N793. Data sourced from the official NAFEM

Bisina Somto

1 year ago

Business·Currency

Kenyan Shilling Hits Low At 150 To US Dollar Amid Economic Challenges

The Kenyan shilling, battling multiple economic headwinds, reached an unprecedented low of 150 shillings to the US dollar on Monday, exacerbating the financial woes of Kenyan citizens grappling with soaring inflation and

Emmanuel Ochayi

1 year ago

Naira Appreciates To N869/$1 As Experts Debate Stability

Business·Currency·Latest News

Naira Drops Further To N1,186/$1 Amid Nigeria’s Economic Turbulence

In the backdrop of a turbulent week for Nigeria’s economy, the naira witnessed a fresh low of N1,186 against the US dollar in the unofficial market. This decline can be attributed to

Emmanuel Ochayi

1 year ago

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 18th July 2024

Business·Currency·Latest News

ACTN Tasks Nigerian Govt On Tackling Widening Naira-Dollar Disparity

The Association of Corporate Treasurers of Nigeria (ACTN) has voiced their concern about the ongoing depreciation of the Naira against the dollar.

Emmanuel Ochayi

1 year ago

Naira Slips Again As Dollar Supply Drops

Business·Currency

Naira Exchange Rate Dips 5.4% To N808/$ Official, N1,170/$1 Black Market

The naira has experienced a 5.4% decline affecting both the official and black markets. The official rate on the NAFEM closed at N808/$1, while the parallel market saw N1170/$1. This downturn marks

Emmanuel Ochayi

1 year ago

Business·Currency

Naira Hits N999/$1 At NAFEM As Disparity Widens

The exchange rate between the Nigerian naira and the US dollar plummeted to N999 per $1 during trading on October 19th, 2023. The alarming data, sourced from intraday trading on the FMDQ,

Emmanuel Ochayi

1 year ago

Forex Crisis: CBN Sells $122.67m To 46 Authorised BDC Operators

Business·Currency

CBN Unifies Forex Market Terminology, Introduces NAFEM

The Central Bank of Nigeria (CBN) has ushered in a new era for the Nigerian Foreign Exchange (FX) market, announcing the retirement of the Investors’ and Exporters’ (I&E) FX Window. READ ALSO: CBN

Emmanuel Ochayi

1 year ago

Naira Rises Against Dollar, Ends Week On Positive Note

Business·Currency

Naira Official Rate Strengthens To N790.68 But Falls N1,100/$1 In Black Market

The official exchange rate for the naira strengthened to N790.68 per dollar at the close of trading on Wednesday, October 18, 2023. This data, obtained from the FMDQ where forex is traded

Emmanuel Ochayi

1 year ago

Naira Gains More As Exchange Rate Drops To N1,300/$1 At Official Market

Business·Currency

Naira-Dollar Exchange Rate Hits Record Low At N848/$1 In Official Market

The exchange rate between the naira and the dollar plummeted to a record low of N848/$1 on the official investor and exporter window, as revealed by data from the FMDQ website.

Emmanuel Ochayi

1 year ago

Business·Currency

Official Forex Market Sees $53.02m Surge As Nigeria Lifts Ban On 43 Items

Forex Market witnessed a surge in turnover, totaling $53.02 million, following the Central Bank of Nigeria's decision to lift the ban on 43 items.

Emmanuel Ochayi

1 year ago

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Currency - Page 27

Naira Falls To N847/$ Official Exchange Rate

Kenyan Shilling Hits Low At 150 To US Dollar Amid Economic Challenges

Naira Drops Further To N1,186/$1 Amid Nigeria’s Economic Turbulence

ACTN Tasks Nigerian Govt On Tackling Widening Naira-Dollar Disparity

Naira Exchange Rate Dips 5.4% To N808/$ Official, N1,170/$1 Black Market

Naira Hits N999/$1 At NAFEM As Disparity Widens

CBN Unifies Forex Market Terminology, Introduces NAFEM

Naira Official Rate Strengthens To N790.68 But Falls N1,100/$1 In Black Market

Naira-Dollar Exchange Rate Hits Record Low At N848/$1 In Official Market

Official Forex Market Sees $53.02m Surge As Nigeria Lifts Ban On 43 Items

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