Currency - Page 52

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.

Nigeria's Treasury Bills Surpass N6.6trn In 2023 Amid Economic Headwinds

Business·Currency

Rise In Dollar Rate: 4 Ways New Naira Will Affect Nigerians, Economy

Last week Wednesday, President Muhammadu Buhari unveiled the new naira redesigned by the Central Bank of Nigeria (CBN), opening a new vista of events in Nigeria’s monetary policy management framework. The redesigned

Fakoyejo Olalekan

2 years ago

CBN Places Service Restriction On PoS Agents Across Nigeria

Business·Currency

Govt Must Tackle Oil Theft To Stabilise Forex Rate, Reserves – Emefiele Reveals

For Nigeria’s foreign reserves to rise and stabilise forex rate, the Federal Government must conclusively address the persistent challenge of oil theft, Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele,

Fakoyejo Olalekan

2 years ago

Naira Slips Again As Dollar Supply Drops

Business·Currency

Naira Gains Big, As Dollar Rate Crashes In Black Market, CBN-backed Window

The dollar rate in the Bureau De Change-controlled ‘black market’ fell on Monday, as the naira appreciated by -0.5 per cent, to strengthen its position against the American greenback. The Nigerian appreciated

Fakoyejo Olalekan

2 years ago

Business·Currency

Dollar Rate Rises In Official Market, CBN’s Emefiele Blames Nigerians Abroad

The dollar rate was in opposite directions at the black and official markets on Friday, as the currencies continued to react to the emergence of new naira notes. In the parallel market,

Fakoyejo Olalekan

2 years ago

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

Business·Currency

Naira Sustains Slow Recovery, As Dollar Goes For N772

The naira appreciated on Thursday against the dollar in the black market, as the exchange rate between both currencies went down by 0.39 per cent. This means that the rate to exchange

Fakoyejo Olalekan

2 years ago

Nigeria’s Minimum Wage Now N19,355 – World Bank Says, Reveals Factors Hindering Growth

Business·Currency

CBN’s Deposit Record Rises By N165 billion On Old Naira Deadline

The Director of Currency for the Central Bank of Nigeria (CBN), Rasheed Adams, has disclosed that the financial regulator has received more deposits than it projected since the apex bank urged Nigerians

Fakoyejo Olalekan

2 years ago

Council Of State Asks FG, CBN To Allow Banks Circulate Old Naira, Print New Banknotes

Business·Currency·Latest News

New Naira Note Has Security Features To Prevent Counterfeiting – Buhari

President Muhammadu Buhari has stated that the new Naira notes have been fortified with security features to prevent counterfeit. Buhari stated this while launching the new ₦200, ₦500, ₦1000 bank notes on

Victor Ezeja

2 years ago

Currency·Latest News

Shehu Sani, Other Nigerians Knock Gov’t Over New Naira Design

Human rights activist, Senator Shehu Sani has berated the Nigerian government over the outlook of the new N200, N500, and N1,000 notes unveiled on Wednesday by President Muhammadu Buhari in Abuja. The

Victor Ezeja

2 years ago

Business·Currency

BDC Operators Drop Dollar Rate As Buhari Unveils New Naira Note

The dollar rate in the black market dropped, hours after President Muhammadu Buhari and the Central Bank of Nigeria (CBN) unveiled the new naira note. In a chat with Prime Business Africa,

Fakoyejo Olalekan

2 years ago

Business·Currency

1.4 million Agents To Help Rural, Urban Dwellers Meet January 31 Deadline For Old Naira Notes – CBN

The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, said residents in rural areas have no excuse for not depositing old naira notes before the phase-out deadline of January 31,

Fakoyejo Olalekan

2 years ago

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Currency - Page 52

Rise In Dollar Rate: 4 Ways New Naira Will Affect Nigerians, Economy

Govt Must Tackle Oil Theft To Stabilise Forex Rate, Reserves – Emefiele Reveals

Naira Gains Big, As Dollar Rate Crashes In Black Market, CBN-backed Window

Dollar Rate Rises In Official Market, CBN’s Emefiele Blames Nigerians Abroad

Naira Sustains Slow Recovery, As Dollar Goes For N772

CBN’s Deposit Record Rises By N165 billion On Old Naira Deadline

New Naira Note Has Security Features To Prevent Counterfeiting – Buhari

Shehu Sani, Other Nigerians Knock Gov’t Over New Naira Design

BDC Operators Drop Dollar Rate As Buhari Unveils New Naira Note

1.4 million Agents To Help Rural, Urban Dwellers Meet January 31 Deadline For Old Naira Notes – CBN

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