foreign exchange
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Nigeria CBN Approves Dollar Sale to BDCs at N1,580/$ to Support Economic Stability
The Central Bank of Nigeria (CBN) has approved the sale of dollars to Bureau de Change (BDC) operators at N1,580 per dollar, providing each BDC with $20,000 to enhance market liquidity. This move aims to address the demand for invisible transactions amidst ongoing economic challenges. The...- Nigeria News
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- 2 min read
- bureau de change cbn dollar sale foreign exchange
- Category: Business
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![Today's Naira Rate[12-07-2014]: Naira Plummets to July Low of N1,563.80/$1 Despite Central Bank Interventions](/data/attachments/206/206069-3c44473101cfdb95816e4fca0635f7db.jpg?hash=PERHMQHP25)
Nigeria Today's Naira Rate[12-07-2014]: Naira Plummets to July Low of N1,563.80/$1 Despite Central Bank Interventions
Despite Central Bank efforts, Nigerian naira hits July low at N1,563.80/$1 amid declining FX turnover. Recent CBN sales of $122.67 million failed to stabilize rates, highlighting ongoing economic challenges. In a concerning development, the Nigerian naira experienced a significant depreciation...- Nigeria News
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- 1 min read
- central bank of nigeria foreign exchange fx sales nigerian naira
- Category: Business
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Business Naira stable at N1,535/$ in parallel market - Vanguard News
https://www.vanguardngr.com/2024/07/naira-stable-at-n1535-in-parallel-market/- Kayode Israel
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- foreign exchange naija news nigeria news vanguard news
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- Forum: Business News Links
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![Today's Naira Rate[11-06-2014]: Naira Clings Below N1,500/$ Amidst U.S. Interest Rate Speculations](/data/attachments/204/204946-147ab142f8cf48479284e57b3d23fc38.jpg?hash=FHqxQvjPSE)
Nigeria Today's Naira Rate[11-06-2014]: Naira Clings Below N1,500/$ Amidst U.S. Interest Rate Speculations
The naira stands firm below N1,500/$ amidst U.S. interest rate decision anticipation. Stay informed with updates on Nigerian currency trends and global market insights. The Nigerian naira demonstrated resilience against the U.S. dollar, with the dollar index moderating as investors awaited...- Nigeria News
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- 1 min read
- cbn foreign exchange naira u.s. inflation u.s. interest rate
- Category: Business
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![Today's Naira Rate [20-05-2024]: Nigerian Naira Hits N1,490/$ at Parallel FX Markets](/data/attachments/204/204131-8457c57119a478bc5717b11aa4a694ef.jpg?hash=hFfFcRmkeL)
Nigeria Today's Naira Rate [20-05-2024]: Nigerian Naira Hits N1,490/$ at Parallel FX Markets
Nigeria's forex market experiences a notable shift as the Naira strengthens against the dollar, reaching N1,490 at parallel markets. Traders in Lagos report buying rates at N1,450 and selling at N1,490, marking a 1.34% increase from previous rates. Stay updated on economic fluctuations for...- Nigeria News
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- 1 min read
- foreign exchange forex naira exchange rate nigeria parallel market
- Category: Business
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Nigeria CBN Governor Yemi Cardoso Touts Naira as Best-Performing Currency Globally
Yemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), highlighted the success of the apex bank's foreign exchange (FX) reforms, asserting that they have propelled the naira to become the best-performing currency worldwide. Speaking during a briefing at the World Bank/IMF Spring...- Nigeria News
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- 1 min read
- cbn foreign exchange fx market world bank/imf meetings yemi cardoso
- Category: Business
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Nigeria Currency Woes: Naira Records Further Depreciation Against Dollar
The Nigerian Naira fell to N1,620 against the US Dollar at the parallel market, marking a N20 decrease from the start of March. Bureau de Change operators quoted buying at N1,600 and selling at N1,620. The official exchange rate saw the Naira dip to N1,627.40 against the Dollar, a 1.57% fall...- Nigeria News
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- 1 min read
- economic news foreign exchange forex market naira exchange rate nigeria currency depreciation
- Category: Business
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Business ABCON: $35.6b foreign reserves enough to defend naira – The Nation News
https://thenationonlineng.net/abcon-35-6b-foreign-reserves-enough-to-defend-naira/- Chinedu Iroka
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- abcon foreign exchange naija news nigeria news the nation news
- Replies: 0
- Forum: Business News Links
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Politics Why Nigeria’s external reserves is stuck at $35 billion – Nairametrics
https://nairametrics.com/2020/09/14/why-nigerias-external-reserves-is-stuck-at-35-billion/- Chinedu Iroka
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- foreign exchange naija news nairametrics news nigeria external reserve nigeria news
- Replies: 0
- Forum: Political News Links
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Business N490.4bn inflow to lift interbank liquidity – Vanguard News
https://www.vanguardngr.com/2020/09/n490-4bn-inflow-to-lift-interbank-liquidity/- Chinedu Iroka
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- foreign exchange naija news nigeria news vanguard news
- Replies: 0
- Forum: Business News Links
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Business Analysts Predict Further Devaluation As Naira Drops To N480/$ – Leadership Newspaper
https://leadership.ng/2020/08/20/analysts-predict-further-devaluation-as-naira-drops-to-n480/- Chinedu Iroka
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- foreign exchange leadership news naija news nigeria news
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- Forum: Business News Links
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Business Exchange rate hits N485 at black market – Nairametrics
https://nairametrics.com/2020/07/31/breaking-exchange-rate-hits-n485-at-black-market/- Chinedu Iroka
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- foreign exchange naija news nairametrics news nigeria news
- Replies: 0
- Forum: Business News Links
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Business Naira Slumps to 452/$ as Speculations, Debt weaken Market – Naijabizcom
https://naijabizcom.com/2020/06/18/naira-slumps-to-452-as-speculations-debt-weaken-market/- Chinedu Iroka
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- central bank of nigeria foreign exchange naijabizcom nigeria news naira
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- Forum: Business News Links
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Business Nigeria - 09/01/2019: Today's Naira Rate Against The Dollar, Pounds And Euro
Today's (09/01/2019) exchange rate of the Nigerian Naira against the Dollar, Pound and Euros- jade
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- aboki fx aboki fx rate dollar euro exchange rate foreign exchange forex naira nigeria naira exchange rate nigeria naira exchange rate today pound
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- Forum: Business News Links
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Business Nigeria - 27/06/2018: Today's Naira Rate Against The Dollar, Pounds And Euro
Today's (27/06/2018) exchange rate of the Nigerian Naira against the Dollar, Pound and Euros- mrsam
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- aboki fx aboki fx rate dollar euro exchange rate foreign exchange naira nigeria naira exchange rate nigeria naira exchange rate today pound
- Replies: 0
- Forum: Business News Links
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Business Nigeria - 25/06/2018: Today's Naira Rate Against The Dollar, Pounds And Euro
Today's (25/06/2018) exchange rate of the Nigerian Naira against the Dollar, Pound and Euros- mrsam
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- aboki fx aboki fx rate dollar euro exchange rate foreign exchange naira nigeria naira exchange rate nigeria naira exchange rate today pound
- Replies: 0
- Forum: Business News Links
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Business Nigeria - 22/06/2018: Today's Naira Rate Against The Dollar, Pounds And Euro
Today's (22/06/2018) exchange rate of the Nigerian Naira against the Dollar, Pound and Euros- mrsam
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- abok fx aboki fx rate dollar euro exchange rate foreign exchange forex naira nigeria naira exchange rate nigeria naira exchange rate today pound
- Replies: 0
- Forum: Business News Links
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Business Nigeria - 21/06/2018: Today's Naira Rate Against The Dollar, Pounds And Euro
Today's (21/06/2018) exchange rate of the Nigerian Naira against the Dollar, Pound and Euros- mrsam
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- aboki fx aboki fx rate dollar euro exchange rate foreign exchange forex naira nigeria naira exchange rate nigeria naira exchange rate today pound
- Replies: 0
- Forum: Business News Links
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Business Nigeria - 19/06/2018: Today's Naira Rate Against The Dollar, Pounds And Euro
Today's (19/06/2018) exchange rate of the Nigerian Naira against the Dollar, Pound and Euros- mrsam
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- aboki fx aboki fx rate dollar euro exchange rate foreign exchange forex naira nigeria naira exchange rate nigeria naira exchange rate today pound
- Replies: 0
- Forum: Business News Links
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Business Nigeria - 14/06/2018: Today's Naira Rate Against The Dollar, Pounds And Euro
Today's (14/06/2018) exchange rate of the Nigerian Naira against the Dollar, Pound and Euros- mrsam
- Thread
- aboki fx aboki fx rate dollar euro exchange rate foreign exchange forex naira nigeria naira exchange rate nigeria naira exchange rate today pound
- Replies: 0
- Forum: Business News Links
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