Naira dollar exchange rate – Page 9 of 12

Forex Crisis: CBN Sells $122.67m To 46 Authorised BDC Operators

CBN Denies Plans To Convert $30bn Domiciliary Deposits To Naira

The Central Bank of Nigeria (CBN) has denied planning to convert $30 billion deposits in domiciliary accounts in the country to naira. A report in one of the media outlets on Saturday

Victor Ezeja

9 months ago

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

Business·Finance & Economy

Naira Depreciation: ‘CBN’s New Measure Will Ease Forex Pressure’

Economic analysts have expressed optimism that the latest policy measures issued by the Central Bank of Nigeria will have a positive impact on the foreign exchange market and the economy in general.

Victor Ezeja

9 months ago

Official Market Records Decline In Dollar Rate, Trade Flat In Black Market

Business·Currency·Latest News

Naira Rallies Back, Now N1450/$1 At Black Market As CBN Takes Action

In a turn of events, the exchange rate between the Nigerian naira and the US dollar has reached an unprecedented low, trading at around N1450/$1 on the black market, marking a 37.6%

Emmanuel Ochayi

9 months ago

71.4% Of Nigerians Call For Interest Rate Reduction – CBN Survey

Business·Currency

Naira Fall: CBN Sets Limit For Banks To Manage Forex Risks

The Central Bank of Nigeria (CBN) has placed restrictions on the amount of foreign exchange that banks may retain to prevent losses. This is as the country’s economy continues to witness depreciation

Victor Ezeja

9 months ago

Naira Drops To N1606 Per Dollar, Lowest In 3 Weeks At Official Market

Business·Currency

Naira Depreciates To Record Low Of N1,348/$1 At Official Market

The Nigerian naira plummeted to an unprecedented low of N1,348.63 against the dollar on the Nigerian Autonomous Foreign Exchange Market on Monday, marking a 51.21% fall from the previous week’s official rate.

Emmanuel Ochayi

9 months ago

Naira Hits Lowest Level Of N1,488/$1 In 3 Weeks Amid Volatile FX Market

Business·Currency

Naira Drops To N900/$1 In Official Market Despite CBN Efforts, Raises Concerns For Economic Stability

The Nigerian naira has plunged to a historic low of N900 against the US dollar in the official market, marking a setback despite relentless efforts by the Central Bank of Nigeria (CBN)

Emmanuel Ochayi

9 months ago

Naira Slips Again As Dollar Supply Drops

Business·Currency

5 Measures To Stabilize Naira As Value Sinks To New Low Of N1,400/$1

Concerns about the impact of persistent depreciation of the value of the naira on Nigerian economy have continued to worry stakeholders in different stakeholders.

Victor Ezeja

9 months ago

Business·Currency

Danger Looms As Naira Depreciates To N1,410/$1 At Black Market Amid High Demand, Economic Challenges

In a turn of events, the Nigerian Naira witnessed a depreciation, hitting a historic low of N1,410 against the US dollar on Thursday. This 3.29% decline, amounting to N45 weaker than the

Emmanuel Ochayi

9 months ago

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 18th July 2024

Business·FEATURES

Naira’s Uphill Battle: Unraveling The Forces Behind Its Continuous Depreciation

In the intricate dance of global currencies, the Naira finds itself caught in a relentless downward spiral, grappling with a depreciation that shows no sign of abating.

Emmanuel Ochayi

9 months ago

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

Business·Currency

Naira Depreciates To N902/$1 As Forex Turnover Drops 17.36% To $145.89m

Naira faced a 0.04% depreciation, closing at N902.45 to a dollar in the official market, as reported by the Nigeria Autonomous Foreign Exchange Market (NAFEM).

Emmanuel Ochayi

9 months ago

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Naira dollar exchange rate - Page 9

CBN Denies Plans To Convert $30bn Domiciliary Deposits To Naira

Naira Depreciation: ‘CBN’s New Measure Will Ease Forex Pressure’

Naira Rallies Back, Now N1450/$1 At Black Market As CBN Takes Action

Naira Fall: CBN Sets Limit For Banks To Manage Forex Risks

Naira Depreciates To Record Low Of N1,348/$1 At Official Market

Naira Drops To N900/$1 In Official Market Despite CBN Efforts, Raises Concerns For Economic Stability

5 Measures To Stabilize Naira As Value Sinks To New Low Of N1,400/$1

Danger Looms As Naira Depreciates To N1,410/$1 At Black Market Amid High Demand, Economic Challenges

Naira’s Uphill Battle: Unraveling The Forces Behind Its Continuous Depreciation

Naira Depreciates To N902/$1 As Forex Turnover Drops 17.36% To $145.89m

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