Currency - Page 46

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 Ends Week With N59.71 Gain At Official Market

Business·Currency

Black Market’s Dollar, Euro And Pound Rates Rise, USD Drops By N39 In Official Market

In the Bureau De Change window of the black market, the cost of the dollar, euro and the British pound increased on Friday, as the value of the naira fell. According to

Fakoyejo Olalekan

June 19, 2023

Naira Appreciates At Official Market As Dollar Supply Rises On Friday

Business·Currency

Official Market Traders Increase Dollar Rate To N702, Black Market USD, Pound Rates Drop

The official market dollar rate ended Thursday’s trading with N702.19/$1, up from the N664.04/$1 reported during the previous day’s session. According to the analysis of the official dollar rate provided by FMDQ

Fakoyejo Olalekan

June 16, 2023

Breaking: CBN Raises Interest Rate To 18.75%

Business·Currency

CBN To End RT200 FX, Naira4Dollar Schemes After Black Market And Official Rates’ Gap Fall By N192

The RT200 FX Programme and the Naira4Dollar scheme will be phased out by the Central Bank of Nigeria (CBN) following the apex bank’s decision to unify the multiple exchange rates. According to

Fakoyejo Olalekan

June 15, 2023

Naira Records First Major Depreciation At Official Market In 2025

Business·Currency

Black Market And Official Dollar Rates’ Gap Drop By 66% To N96

On Wednesday, foreign exchange investors and exporters in the official and black markets saw the gap between both markets’ dollar rates shrink by 66.6%. This represents a reduction of N192.37, as the

Fakoyejo Olalekan

June 15, 2023

Naira Ends Week With Marginal Gain Against Dollar

Business·Currency

Updated: CBN Officially Devalues Naira, Dollar Sells At N664

The Central Bank of Nigeria (CBN) has finally devalued the naira, Prime Business Africa gathered from FMDQ Exchange on Wednesday night. According to FMDQ Exchange, which is the official market foreign exchange

Fakoyejo Olalekan

June 14, 2023

Business·Currency·News

10 Gains Of CBN’s Exchange Rate Unification – CPPE

The Centre for the Promotion of Private Enterprise (CPPE) says it welcomes the bold step taken by the Tinubu administration to unify the naira exchange rate and unlock the huge potentials for

Editor

June 14, 2023

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

Business·Currency

CBN Devalues Naira, Orders Banks To Sell Dollar, Others At Market Determined Rates

The Central Bank of Nigeria (CBN) has reportedly directed Deposit Money Banks (DMBs) to sell dollars, euros and pounds at market-determined rates. According to a report by Nairametrics, the CBN has decided

Fakoyejo Olalekan

June 14, 2023

Business·Currency

Forex Traders Drop Prices Of Dollar, Pound, Euro In Official Window, Black Market

In the official window and the black market on Tuesday, the naira appreciated in value, as the rates of the dollar, pound and euro fell. According to FMDQ Exchange, at the end

Fakoyejo Olalekan

June 14, 2023

Naira Appreciates To N869/$1 As Experts Debate Stability

Business·Currency

FX Dealers Increase Dollar Rate In Official Channel, USD Trades At N754.5 In Black Market

The official market on Friday, 9 June, recorded a 0.6% decline in the value of the naira, as the dollar rate was up by N3, according to the FMDQ Exchange, the official

Fakoyejo Olalekan

June 12, 2023

Business·Currency·News

Naira-Dollar Rate May Hit N630 On Emefiele Suspension, Arrest – Expert

How will the naira in the coming weeks respond to the goings-on in the Central Bank of Nigeria (CBN), given the suspension and eventual arrest of governor Godwin Emefiele? Lagos-based economic analyst, Razaq

Editor

June 11, 2023

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Currency - Page 46

Black Market’s Dollar, Euro And Pound Rates Rise, USD Drops By N39 In Official Market

Official Market Traders Increase Dollar Rate To N702, Black Market USD, Pound Rates Drop

CBN To End RT200 FX, Naira4Dollar Schemes After Black Market And Official Rates’ Gap Fall By N192

Black Market And Official Dollar Rates’ Gap Drop By 66% To N96

Updated: CBN Officially Devalues Naira, Dollar Sells At N664

10 Gains Of CBN’s Exchange Rate Unification – CPPE

CBN Devalues Naira, Orders Banks To Sell Dollar, Others At Market Determined Rates

Forex Traders Drop Prices Of Dollar, Pound, Euro In Official Window, Black Market

FX Dealers Increase Dollar Rate In Official Channel, USD Trades At N754.5 In Black Market

Naira-Dollar Rate May Hit N630 On Emefiele Suspension, Arrest – Expert

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