Currency - Page 34

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.

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

Business·Currency·News

Naira Hits New Record Low At N951/$1 – Experts Urge Drastic Economic Shifts

In a dramatic plunge, the Nigerian Naira plummeted to a historic low of N951/$1, marking a 15.19% depreciation in the official market. Wednesday’s trading saw fluctuations, with an intraday high of N1159.10/$1

Emmanuel Ochayi

December 6, 2023

Naira vs Dollar: What To Expect This Week

Business·Currency·News

Naira Appreciates To N806.73/$1, Forex Turnover Hits $142.63m Amidst Stability Efforts

In a turn of events on Tuesday, the Nigerian naira exhibited an uptick against the dollar, closing at N806.73/$1 in the official market, marking a 3.85% appreciation. The Forex turnover surged by

Emmanuel Ochayi

December 6, 2023

Banks Struggle With New Naira Notes On ATMs

Business·Currency

Cash Scarcity Is Human Rights Abuse, May Spark Revolution In Nigeria – CBN Warned

The Human Rights Writers Association of Nigeria (HURIWA) on Tuesday accused the Central Bank of Nigeria (CBN) of serial human rights violations through its deliberate and systemic failure to ensure the supply

Victor Ezejaand

Admin

December 5, 2023

Nigerian Naira Vs U.S. Dollar: What To Expect This Week (17th-22nd, March 2025)

Business·Currency·News

CBN’s Initiative Sparks Naira Surge To N837/$1, Boosts Market Confidence

The Nigerian naira on Monday, December 4th, 2023, experienced a surge in value, closing at N837/$1 in the official market.

Emmanuel Ochayi

December 5, 2023

Currency·World News

Surge In Crypto Stocks: Bitcoin Crosses $42000 Mark First Time Since April 2022

Cryptocurrency-related stocks listed in the United States (US) surged on Monday, looking to extend their strong November gains, as bitcoin topped $42,000 to hit a fresh high for the year. Shares of

Victor Ezejaand

Admin

December 4, 2023

Naira Rises Against Dollar, Ends Week On Positive Note

Business·Currency·News

Naira Drops By 11.39% To Hit N927/$1 In NAFEM, N1165/$1 In Parallel Market

The Nigerian Naira plunged to an unprecedented low on Friday, closing at N927.19/$1 in the official market and hitting N1165/$1 in the parallel market. Financial analysts expressed growing concerns as the domestic currency

Emmanuel Ochayi

December 1, 2023

Business·Currency·News

Naira Appreciates To N831/$1 In Official Market Amid CBN’s FX Initiative

The Nigerian naira witnessed a 6.06% appreciation against the dollar, closing at N831.47 on Wednesday at the official market. This upturn follows the Central Bank of Nigeria’s (CBN) move to address the

Emmanuel Ochayi

November 30, 2023

Business·Currency·News

Naira Slumps To N1130/$1 Despite Prior Gains; CBN’s Measures In Focus

In a turn of events, the Nigerian naira faced a downward spiral against the US dollar, hitting an intraday high of N1130/$1 at the official market, signaling a concerning trend for the

Emmanuel Ochayi

November 28, 2023

Naira Falls Against Dollar In Black Market As Demand Increases In FX Market

Business·Currency·News

Naira Slides To N956/$ As Dollar Supply Dwindles

Amidst a 13.78% plunge from its Wednesday closing rate, the Nigerian naira tumbled to N956 against the US dollar on Thursday, marking a distressing downturn in the forex market. According to data

Emmanuel Ochayi

November 24, 2023

Business·Currency·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

November 23, 2023

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Currency - Page 34

Naira Hits New Record Low At N951/$1 – Experts Urge Drastic Economic Shifts

Naira Appreciates To N806.73/$1, Forex Turnover Hits $142.63m Amidst Stability Efforts

Cash Scarcity Is Human Rights Abuse, May Spark Revolution In Nigeria – CBN Warned

CBN’s Initiative Sparks Naira Surge To N837/$1, Boosts Market Confidence

Surge In Crypto Stocks: Bitcoin Crosses $42000 Mark First Time Since April 2022

Naira Drops By 11.39% To Hit N927/$1 In NAFEM, N1165/$1 In Parallel Market

Naira Appreciates To N831/$1 In Official Market Amid CBN’s FX Initiative

Naira Slumps To N1130/$1 Despite Prior Gains; CBN’s Measures In Focus

Naira Slides To N956/$ As Dollar Supply Dwindles

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

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