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.

Naira Ends Week With N59.71 Gain At Official Market

Business·Currency

Dollar Rate Falls, Investors, Exporters Trade $125.66m Foreign Exchange

In the official market, the Dollar rate depreciated by N0.33 kobo, indicating the Naira’s value in the Investors and Exporters window appreciated by 7.15 per cent. The Naira gained against the Dollar

Fakoyejo Olalekan

March 21, 2023

Naira Appreciates At Official Market As Dollar Supply Rises On Friday

Business·Currency

Naira Closes High, As Dollar Rate Depreciates

The official exchange rate between the Naira and the Dollar closed down at N461.83 kobo/$1, data obtained from FMDQ Exchange on Monday disclosed. Prime Business Africa gathered that the foreign exchange rate

Fakoyejo Olalekan

March 20, 2023

Naira Appreciates To N869/$1 As Experts Debate Stability

Business·Currency

Dollar Rate Rises In Black Market, Drops In CBN’s Official Market

The Dollar rate in the Investors and Exporters window of the official market increased by N0.91 kobo, indicating the Naira depreciated in value by -0.19 per cent on Thursday, 16 March 2023.

Fakoyejo Olalekan

March 17, 2023

Business·Currency·News

Old Naira Notes: GTBank, Others Limit Cash Withdrawal To N10,000

The Central Bank of Nigeria (CBN) has fully complied with the Supreme Court ruling ordering it to restore old naira notes to circulation but Guaranty Trust Bank (GTBank) and other banks have

Uduegbunam Chukwujama

March 15, 2023

Business·Currency

Black Market’s Dollar Rate Now N290 Above Official Market

The Naira to Dollar exchange rate in the official market depreciated on Tuesday, 14 March 2023, as the Nigerian currency regains some value lost to the United States legal tender in the

Fakoyejo Olalekan

March 15, 2023

Shareholders Remember Wigwe, Others At Access Holdings Annual General Meeting

Business·Currency

Access Bank Reduces Forex Payout For International Students, Traders

Access Bank has reviewed its foreign exchange (FX) application for international school fees, a move that indicates other banks might follow suit. Account holders of Access Bank received a message titled; “important information

Fakoyejo Olalekan

March 15, 2023

Naira Records First Major Depreciation At Official Market In 2025

Business·Currency

Naira Depreciates, As Several Factors Support Rise In Dollar Rate

The value of the Naira depreciated further in the official market on Monday, 13 March 2023, as the United States Dollar strengthened in the foreign exchange (forex) market. At the close of

Fakoyejo Olalekan

March 14, 2023

Business·Currency

Naira Weakens, Dollar Rate Rises In Official Market

Traders and investors exchanged the Naira and Dollar at N461.50/$1 on Friday, 10 March 2023, the FMDQ Exchange data has disclosed. The foreign exchange (Forex) rate rose from N461.00/$1 reported on Thursday,

Fakoyejo Olalekan

March 13, 2023

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

Business·Currency

Official Market’s Dollar Rate Falls, Projected To Rise After Presidential Election

The Dollar rate in the Investors and Exporters (I&E) window of the official market closed down at N461.25 on Wednesday, 8 March 2023. According to data from FMDQ Securities, the exchange rate

Fakoyejo Olalekan

March 9, 2023

Business·Currency·News

CBN Hijacked State Power, Confiscated The Naira, Says Stanbic IBTC Owner, Peterside

Owner of Stanbic IBTC, Atedo Peterside at the weekend said the Central Bank of Nigeria (CBN) actually hijacked the powers of the state by confiscating the naira in the guise of currency

Uduegbunam Chukwujama

March 5, 2023

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Currency - Page 52

Dollar Rate Falls, Investors, Exporters Trade $125.66m Foreign Exchange

Naira Closes High, As Dollar Rate Depreciates

Dollar Rate Rises In Black Market, Drops In CBN’s Official Market

Old Naira Notes: GTBank, Others Limit Cash Withdrawal To N10,000

Black Market’s Dollar Rate Now N290 Above Official Market

Access Bank Reduces Forex Payout For International Students, Traders

Naira Depreciates, As Several Factors Support Rise In Dollar Rate

Naira Weakens, Dollar Rate Rises In Official Market

Official Market’s Dollar Rate Falls, Projected To Rise After Presidential Election

CBN Hijacked State Power, Confiscated The Naira, Says Stanbic IBTC Owner, Peterside

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