Currency - Page 30

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.

Naira Rises Against Dollar, Ends Week On Positive Note

Business·Currency

Naira Hits N972 On Binance As US Dollar Continues To Weaken In Black Market

Naira held its ground in the black market, while the US dollar faced further weakening, with traders speculating on the Federal Reserves’ stance on interest rate hikes

Emmanuel Ochayi

1 year ago

How EFEMS Transparency Fuels Naira Demand In Parallel Market

Business·Currency

Naira Resists Dollar At N1,170/$ As US Fed’s Decision Looms

The Nigerian naira has crossed the black market threshold, settling at N1,170 against the US dollar in the midst of economic challenges and geopolitical turmoil. The ongoing struggles in Eastern Europe since

Emmanuel Ochayi

1 year ago

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

Business·Currency·Latest News

Naira Appreciates To N815.32/$1 As Nigerian Govt Pledges To Tackle Forex Woes

The Nigerian naira experienced an upswing against the US dollar, closing at N815.32/$1 at the official market on Tuesday, October 31, 2023. This sudden resurgence represents 21.81% increase from the N993.82/$1 exchange

Emmanuel Ochayi

1 year ago

Business·Currency

CBN Denies Rumours Of Plans To Redenominate Naira

The Central Bank of Nigeria (CBN) has denied rumours about plans to redenominate the naira in 2024. In a statement signed by the Bank’s Director, Corporate Communications, Isa AbdulMumin and shared on

Mercy Johnson

1 year ago

Business·Currency

Naira Hits All-Time Low As Exchange Rate Dips To N993/$1 On Official NAFEM

Nigerian naira has reached an unprecedented low in the official market, as the exchange rate plummeted to N993 per US dollar on the Nigerian Foreign Exchange Market (NAFEM), marking a colossal 20.5%

Emmanuel Ochayi

1 year ago

Africa·Business·Currency

Naira, Angolan Kwanza Worst Currencies In Sub Sahara Africa, Says World Bank

latest Africa Pulse report from the World Bank has declared the Nigerian Naira and the Angolan Kwanza as the worst-performing currencies in Sub-Saharan Africa this year.

Emmanuel Ochayi

1 year ago

Business·Currency

Just In: Naira Gains, Exchanges at N1,113/$ In P2P Market

The Nigerian naira witnessed an impressive surge in the Peer-to-Peer (P2P) market, strengthening by a significant N166 against the US dollar in a few hours.

Emmanuel Ochayi

1 year ago

Business·Currency·Latest News

Naira Surges 0.76% To N1,300/$1 In Black Market After 3 Weeks

In a turn of events, the Naira made a recovery against the US Dollar on Wednesday, as it appreciated to N1,300 per dollar on the black market, marking a 0.76% increase equivalent

Emmanuel Ochayi

1 year ago

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

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Currency - Page 30

Naira Hits N972 On Binance As US Dollar Continues To Weaken In Black Market

Naira Resists Dollar At N1,170/$ As US Fed’s Decision Looms

Naira Appreciates To N815.32/$1 As Nigerian Govt Pledges To Tackle Forex Woes

CBN Denies Rumours Of Plans To Redenominate Naira

Naira Hits All-Time Low As Exchange Rate Dips To N993/$1 On Official NAFEM

Naira, Angolan Kwanza Worst Currencies In Sub Sahara Africa, Says World Bank

Just In: Naira Gains, Exchanges at N1,113/$ In P2P Market

Naira Surges 0.76% To N1,300/$1 In Black Market After 3 Weeks

Naira Falls To N847/$ Official Exchange Rate

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

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