Foreign Exchange – Page 3 of 5 – Prime Business Africa

Nigerian Banks Earn N135.52 Trillion From CBN's Naira Policy, E-Payment

CBN’s Godwin Emefiele Tells GTBank, Zenith, Others To Source Non-oil Export Forex

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has urged banks to source for foreign exchange (forex) through non-oil exports. Emefiele said Nigerian banks, which consist of GTBank, Zenith

Fakoyejo Olalekan

2 years ago

Naira Appreciates Against Dollar At Official, Black Market

Business·Currency·Insights

CBN Sells $9.4 billion Forex In 6 Months To Control Dollar Rate

In the first half of 2022, the Central Bank of Nigeria (CBN) sold $9.4 billion to the foreign exchange market to control dollar rate, despite international creditors advising against such intervention. Why

Fakoyejo Olalekan

2 years ago

Naira Records First Major Depreciation At Official Market In 2025

Business·Currency

Dollar To Naira Exchange Rate: Dollar Rate Falls In Black Market After Independence Day

August 4, 2022 Dollar Rates Update: The cost of buying the United States dollar was down on Tuesday in the black market after the Independence Day holiday on Monday, but the scarcity

Fakoyejo Olalekan

2 years ago

Business·Currency

Nigeria’s Foreign Reserves Drop $2.20 billion, Increases Forex Problem

As at September 29, 2022, Nigeria’s foreign reserves fell to $38.318 billion, further compounding the scarcity of foreign exchange in the country’s official forex market. In the last Monetary Policy Meeting (MPR)

Fakoyejo Olalekan

2 years ago

Investors To Buy N150 billion-worth Of FBN Holdings Stake

Business·Latest News

First Bank To Prevent Naira Card Customers From Making International Transactions, Sets New Policy

Customers of First Bank of Nigeria (FBN) will no longer have access to foreign exchange for international transactions through all Naira Card types issued by the commercial bank. First Bank sent an

Fakoyejo Olalekan

2 years ago

Business·Currency

Dollar To Naira Exchange Rate: Dollar Falls In Black Market, Sells At N436.50 In Official Market

September 12, 2022 Dollar Rates Update: The Naira continued its depreciation run on Monday at the Investors and Exporters window, with traders selling $1 at N436.50, in contrast to the N436.33 it

Fakoyejo Olalekan

2 years ago

Naira Ends Week With Marginal Gain Against Dollar

Business·Currency

Dollar To Naira Exchange Rate: Traders Increase Cost Of Dollar, As CBN’s Intervention Fails To Boost Naira

September 9, 2022 Dollar Rates Update: High demand for dollar and lack of it has seen traders increase the price of the United States currency in the foreign exchange segment of the

Fakoyejo Olalekan

2 years ago

Governor of Nigerias Central Bank Godwin Emefiele

Business

Godwin Emefiele’s CBN Disburses $7.6 billion Amid Dollar Scarcity

Over $7.6 billion has been disbursed into the Nigerian economy by the Central Bank of Nigeria (CBN) in five months in a bid to increase availability of foreign exchange for transactions. The

Fakoyejo Olalekan

2 years ago

Business·Latest News

Delta Airlines To Stop New-York-Lagos Flights Over Trapped Dollars

Delta Air Lines has announced that it will stop operating flights from New York JFK airport to Lagos, stating that the market environment doesn’t encourage the continuation of the flights. In a

Fakoyejo Olalekan

2 years ago

Business·World News

$600 million Trapped: Emirates Airlines Warns Nigerian Govt, Plans To End Flight Operations

Emirates Airlines have given Nigerian government a condition to resolve the company’s inability to access its foreign exchange or the firm will end its operation in the country. The Dubai firm’s $85

Fakoyejo Olalekan

3 years ago

Cookie	Duration	Description
cookielawinfo-checbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Foreign Exchange - Page 3

CBN’s Godwin Emefiele Tells GTBank, Zenith, Others To Source Non-oil Export Forex

CBN Sells $9.4 billion Forex In 6 Months To Control Dollar Rate

Dollar To Naira Exchange Rate: Dollar Rate Falls In Black Market After Independence Day

Nigeria’s Foreign Reserves Drop $2.20 billion, Increases Forex Problem

First Bank To Prevent Naira Card Customers From Making International Transactions, Sets New Policy

Dollar To Naira Exchange Rate: Dollar Falls In Black Market, Sells At N436.50 In Official Market

Dollar To Naira Exchange Rate: Traders Increase Cost Of Dollar, As CBN’s Intervention Fails To Boost Naira

Godwin Emefiele’s CBN Disburses $7.6 billion Amid Dollar Scarcity

Delta Airlines To Stop New-York-Lagos Flights Over Trapped Dollars

$600 million Trapped: Emirates Airlines Warns Nigerian Govt, Plans To End Flight Operations

Featured Stories

ATM Withdrawal Fee: Crisis In Making For Small Businesses?

Niger Delta’s Toxic Legacy: Can Shell Be Held Accountable for Human Rights Abuses?

CBN’s Recalibration Conundrum: A Critical Analysis Of Nigeria’s Economic Trajectory

NNPCL’s 2% Fuel Price Reduction Not Enough ‘Christmas Gift’, Nigerians React

Latest News

Osun Council Poll: PDP Wins In All 30 LGAs

PSC Threatens Dismissal Of Erring Police Officers As Human Rights Violations Rise In S’East

Baptism Of Fire For Relegation Hunted Ipswich Town, Southampton

SEDC MD Highlights Commision’s Plans To Boost Agricultural Activities In South-East

APC Campaign Council

Categories

Suggestions

Foreign Exchange - Page 3

Follow Us

Featured Stories

Latest News

APC Campaign Council

Categories