Currency - Page 28

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

CBN Finally Lifts Forex Restrictions On 43 Items Banned By Emefiele [FULL LIST]

Nine years after the Central Bank of Nigeria (CBN) under its former Governor, Godwin Emefiele, placed restriction on access to the official foreign exchange (forex) market for the importation of some

Victor Ezejaand

Admin

1 year ago

Naira Appreciates To N869/$1 As Experts Debate Stability

Business·Currency·Latest News

Naira-Dollar Exchange Rate Hits N1,040 In Parallel Market As Scarcity Grows

The exchange rate between the Nigerian Naira and the US Dollar has taken a plunge, reaching N1,040 at the parallel market. This latest development stems from the battle between soaring demand and

Emmanuel Ochayi

1 year ago

Naira To Sustain Depreciation In 2024 - Analysis Reveals

Business·Currency

40% Depreciation Pushes Nigeria’s Naira Among Worst Currencies In Africa

A World Bank report released this October has ranked the Naira among the worst-performing currencies in Africa, as the Nigerian currency lost 40 per cent of its value following the devaluation

Victor Ezeja

1 year ago

Naira Rises Against Dollar, Ends Week On Positive Note

Business·Currency

Naira Depreciates To N756/$ In I&E Window

In a dynamic twist of events, the Nigerian naira faced a rollercoaster ride in the financial markets on Wednesday. The currency, which had exchanged for N745.19 to a dollar just a day

Emmanuel Ochayi

1 year ago

Equity Market Begins July With 0.04% Decline

Business·Currency·Latest News

NGX All-Share Index Soars 29.52% To 15-Year High Despite Economic Concerns

The Nigerian Stock Exchange (NGX) All-Share Index has surged by an impressive 29.52% during the third quarter of 2023, reaching a 15-year high and defying prevailing economic concerns. This remarkable rally has

Emmanuel Ochayi

1 year ago

The exchange rate of the US dollar against the Iraqi dinar witnessed a significant surge in the markets of Baghdad and Erbil.

Business·Currency·Latest News·World News

Dollar Rises Against Iraqi Dinar, Local Markets Offer Stability

The exchange rate of the US dollar against the Iraqi dinar witnessed a significant surge in the markets of Baghdad and Erbil. This unexpected surge came in the wake of the closure

Emmanuel Ochayi

1 year ago

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

Business·Currency·Latest News

Dollar Surges To N810 In Official Market, Parallel Traders Maintain Rates Above N1000

In a day of wild swings, the foreign exchange market saw the dollar rate in the investors’ and exporters’ window reach unprecedented heights, hitting a staggering N810.78 per $1 on Thursday. However,

Emmanuel Ochayi

1 year ago

Binance To Exit Russia Amidst US Sanctions Probe

Business·Currency·Latest News

Binance To Exit Russia Amidst Sanctions Violation Probe By US

Cryptocurrency giant, Binance, on Wednesday, announced decision to divest its Russian operations, citing its commitment to compliance and distancing itself from potential sanctions violations. This comes in the wake of months-long investigations

Emmanuel Ochayi

1 year ago

Business·Currency·Latest News

FG Urges CBN To Trim BDCs From 5,000 To 200

Tope Fasua, Special Adviser to President Tinubu on Economic Affairs, has sparked intense debate with a proposal for the reduction of Nigeria’s 5,000+ Bureau de Change operators to just 200 in a

Emmanuel Ochayi

1 year ago

JP Morgan UK Bans Cryptocurrency Purchases to Combat Scams

Business·Currency·Latest News·World News

JP Morgan Chase Bans Cryptocurrency Purchases To Combat Scams

In a bold move to protect its customers from the surging wave of cryptocurrency scams, JP Morgan’s Chase UK bank has announced a comprehensive ban on cryptocurrency purchases starting October 16. According

Emmanuel Ochayi

1 year ago

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Currency - Page 28

CBN Finally Lifts Forex Restrictions On 43 Items Banned By Emefiele [FULL LIST]

Naira-Dollar Exchange Rate Hits N1,040 In Parallel Market As Scarcity Grows

40% Depreciation Pushes Nigeria’s Naira Among Worst Currencies In Africa

Naira Depreciates To N756/$ In I&E Window

NGX All-Share Index Soars 29.52% To 15-Year High Despite Economic Concerns

Dollar Rises Against Iraqi Dinar, Local Markets Offer Stability

Dollar Surges To N810 In Official Market, Parallel Traders Maintain Rates Above N1000

Binance To Exit Russia Amidst Sanctions Violation Probe By US

FG Urges CBN To Trim BDCs From 5,000 To 200

JP Morgan Chase Bans Cryptocurrency Purchases To Combat Scams

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