Currency - Page 48

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

Official Dollar Rate Falls, As Peter Obi Refuses To Blame Emefiele For Naira’s Crash

The naira appreciated in value in the official market on Monday, 16 January 2023, as Peter Obi absolved the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, of the exchange

Fakoyejo Olalekan

2 years ago

Business·Currency

Peter Obi Reveals Why Inflation, Dollar Rate Rise Under Buhari’s Gov’t

The Presidential candidate of the Labour Party (LP), Peter Obi, has revealed the reason Nigeria’s inflation and the exchange rate has been on an upward path under President Muhammadu Buhari. Obi said

Fakoyejo Olalekan

2 years ago

CBN Releases Another Around Of $10,000 FX To Each BDC, Mandates Them To Sell At N1,117/$1

Business·Currency

Dollar Rate Rises As CBN Finds It Difficult To Supply Forex

The naira couldn’t hold its ground against the dollar on Friday, 13 January 2023, depreciating in value by 0.16 per cent, data from the FMDQ Exchange has shown. According to the data

Fakoyejo Olalekan

2 years ago

Naira Slips Again As Dollar Supply Drops

Business·Currency

Dollar Rate Falls In Official Market, Oil Marketer Blames Forex For Fuel Scarcity

The naira rose in value in the Investors’ and Exporters’ window of the official market on Thursday, January 12, 2023, as the dollar fell by -0.16 per cent in value. At the

Fakoyejo Olalekan

2 years ago

Business·Currency

Black Market Operators Offer To Buy Dollar Above CBN’s Official Market Rate

The Bureau De Change operators retained the exchange rate between the naira and the dollar in the black market at N288 above that of the official market. According to some Bureau De

Fakoyejo Olalekan

2 years ago

Business·Currency

Forex Supply Falls In Official Market, As Dollar Trades At N461.67, Pound Rises

The supply of foreign exchange (forex) fell by 40.3 per cent in the official market on Monday, as the exchange rate stabilises in the window backed by the Central Bank of Nigeria

Fakoyejo Olalekan

2 years ago

Currency·Finance & Economy

Naira Reissue Has No Monetary Policy Significance, Old Notes Deadline Unrealistic – Expert

The redesign of the New Naira Notes by the Central Bank of Nigeria (CBN) has continued to generate mixed reactions among economic experts. Chief Executive Officer, Centre for Promotion of Private Enterprise

Victor Ezeja

2 years ago

Business·Currency

BDC Operators Fix Dollar Rate Below N800, Set N900 For Pound

The exchange rate between the naira and the dollar settled below N800 on Monday in the Bureau De Change window of the black market. According to some Bureau De Change operators that

Fakoyejo Olalekan

2 years ago

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

Business·Currency

Dollar Goes For N605 In Black Market, Pound Sells Above N800

The exchange rate between the dollar and naira varies across several Bureau De Change operators on Friday, January 6, 2023, Prime Business Africa gathered. On Friday, this publication noted that the United

Fakoyejo Olalekan

2 years ago

Currency

NFIU Bans Cash Withdrawal From Govt Accounts

The Nigerian Financial Intelligence Unit (NFIU) has banned cash withdrawals from accounts belonging to the Federal Government, all its agencies, states and local governments. The agency also announced new guidelines for compliance

Victor Ezeja

2 years ago

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Currency - Page 48

Official Dollar Rate Falls, As Peter Obi Refuses To Blame Emefiele For Naira’s Crash

Peter Obi Reveals Why Inflation, Dollar Rate Rise Under Buhari’s Gov’t

Dollar Rate Rises As CBN Finds It Difficult To Supply Forex

Dollar Rate Falls In Official Market, Oil Marketer Blames Forex For Fuel Scarcity

Black Market Operators Offer To Buy Dollar Above CBN’s Official Market Rate

Forex Supply Falls In Official Market, As Dollar Trades At N461.67, Pound Rises

Naira Reissue Has No Monetary Policy Significance, Old Notes Deadline Unrealistic – Expert

BDC Operators Fix Dollar Rate Below N800, Set N900 For Pound

Dollar Goes For N605 In Black Market, Pound Sells Above N800

NFIU Bans Cash Withdrawal From Govt Accounts

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