Dollar

The exchange rate of the US dollar against the Iraqi dinar witnessed a significant surge in the markets of Baghdad and Erbil.

Business·Currency·Latest News·World News

Dollar Rises Against Iraqi Dinar, Local Markets Offer Stability

The exchange rate of the US dollar against the Iraqi dinar witnessed a significant surge in the markets of Baghdad and Erbil. This unexpected surge came in the wake of the closure

Emmanuel Ochayi

1 year ago

Business

Dollar Scarcity Crippling Airline Business In Nigeria, Expert Reveals Solution

Dollar scarcity in Nigeria is crippling airline business within the country, the Deputy Managing Director of an aircraft serviceability firm, 7Star Global Group, Air Commodore Simon Okwuokei (retd), has revealed. In a

Fakoyejo Olalekan

2 years ago

Naira Appreciates At Official Market As Dollar Supply Rises On Friday

Business·Currency

Dollar Rate Rises As Naira Note Scarcity Hits Nigerian Banks

The Dollar rate appreciated in the official foreign exchange market on Thursday, 2, February 2023, as Nigerian commercial banks struggle to make Naira available to the public. According to data obtained from

Fakoyejo Olalekan

2 years ago

CBN Places Service Restriction On PoS Agents Across Nigeria

Business

Emefiele Plans To Stop Dollar Charges On Domestic Transactions

The Central Bank of Nigeria (CBN) has disclosed that domestic transactions on foreign cards will no longer be charged in dollars. CBN Governor, Godwin Emefiele, made this known during a virtual launch

Fakoyejo Olalekan

2 years ago

Top Two Billionaires, Bernard Arnault, Elon Musk, Lose $7.8 billion, As Wealth Drops

Business

Nigerians To Pay N447,000 For Elon Musk’s Starlink Network

The network hardware of Starlink, an internet provider firm owned by billionaire, Elon Musk, will cost Nigerians $600 to own, the company revealed in a statement. To acquire the network hardware, Starlink

Fakoyejo Olalekan

2 years ago

Business

Ghanaian Cedi Becomes Worst Currency Among 148 Countries, Raises Cost Of Living

Ghana’s currency, cedi, has been rated the worst performing currency in the world, as the legal tender continues to suffer depreciation in value against the United States dollar in 2022. In the

Fakoyejo Olalekan

2 years ago

Business

CBN’s Move To Defend Naira Against Dollar Affects External Reserves, Drops $337 million In Two Weeks

The Central Bank of Nigeria (CBN) has taken foreign exchange out of the external reserves to defend the naira against the dollar, resulting to the reserves depleting by $337 million. According to

Fakoyejo Olalekan

2 years ago

Business·Currency

Black Market Dollar To Naira Exchange Rate Today: Nigerian Currency Depreciates 21% Since CBN Ban On BDC Operators

The United States currency, Dollar, and that of Nigeria, Naira, held tight to their ground on Friday, trading at the same previous rates across the official foreign exchange market, Investors & Exporters

Fakoyejo Olalekan

2 years ago

Business·Currency

Black Market Dollar To Naira Exchange Rate Today: Nigerians Now Pay Over N600 To Get $1

The Nigerian currency, Naira, fell to the dollar on Wednesday, in the black market segment of the foreign exchange channels, depreciating by -0.2% at the end of trading activities in the peer-to-peer

Fakoyejo Olalekan

2 years ago

Business

BDC Operators Address Unstable Forex Rates, As Naira Hit N615 Per Dollar

The Association of Bureaux De Change Operators of Nigeria (ABCON) has urge the Central Bank of Nigeria (CBN) to partner with the group in order to end multiple exchange rates, as rise

Fakoyejo Olalekan

2 years ago

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Dollar Rises Against Iraqi Dinar, Local Markets Offer Stability

Dollar Scarcity Crippling Airline Business In Nigeria, Expert Reveals Solution

Dollar Rate Rises As Naira Note Scarcity Hits Nigerian Banks

Emefiele Plans To Stop Dollar Charges On Domestic Transactions

Nigerians To Pay N447,000 For Elon Musk’s Starlink Network

Ghanaian Cedi Becomes Worst Currency Among 148 Countries, Raises Cost Of Living

CBN’s Move To Defend Naira Against Dollar Affects External Reserves, Drops $337 million In Two Weeks

Black Market Dollar To Naira Exchange Rate Today: Nigerian Currency Depreciates 21% Since CBN Ban On BDC Operators

Black Market Dollar To Naira Exchange Rate Today: Nigerians Now Pay Over N600 To Get $1

BDC Operators Address Unstable Forex Rates, As Naira Hit N615 Per Dollar

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