-
Featured: Latest Nigerian News
naira appreciation
-
Nigeria ABCON President Confirms Naira's Rise: BDCs Purchase Dollars at N980 Amidst Market Calm
The Association of Bureau De Change Operators of Nigeria (ABCON) has revealed that BDC operators are now purchasing dollars at the rate of N980 to a dollar, marking a significant appreciation of the naira. This revelation was disclosed by the President of ABCON, Aminu Gwadebe, during a recent...- Nigeria News
- Article
- 2 min read
- abcon president bdc operators central bank of nigeria exchange rate stability forex market naira appreciation nigeria currency market
- Category: Business
-
![Today's Naira Rate [15-04-2024]: Nigerians Await Economic Relief as Naira Nears 1,000/$](/data/attachments/202/202858-6e202405f2f497d63440ce71bc64dc98.jpg?hash=biAkBfL0l9)
Nigeria Today's Naira Rate [15-04-2024]: Nigerians Await Economic Relief as Naira Nears 1,000/$
Nigeria's currency, the Naira, is poised on the brink of a significant milestone, edging closer to the 1,000 Naira to 1 US dollar mark on the black market, as it surged to N1,115 on Monday, with some traders quoting rates as high as N1,118 and N1,120. This surge follows a four-month high of...- Nigeria News
- Article
- 1 min read
- black market exchange rate cbn central bank of nigeria dollar-naira exchange rate economic stability foreign exchange reforms monetary policy rate (mpr) naira appreciation
- Category: Business
-
Nigeria Nigerian Naira Shows Resilience, Rises to N1,120 Against Dollar in Par
The Nigerian Naira exhibited a remarkable appreciation against the United States Dollar on Monday, with significant gains observed in both the parallel market and the official foreign exchange (FX) window. This currency shift has drawn attention from investors, economists, and policymakers...- Nigeria News
- Article
- 2 min read
- cbn dollar exchange rate foreign exchange market forex market naira appreciation parallel market yemi cardoso
- Category: Business
-
Nigeria Naira Strengthens: Surprising Surge to N1,260 per Dollar Rocks Foreign Exchange Market
Amidst fluctuations in Nigeria's foreign exchange market, the Naira demonstrated a surprising appreciation, climbing to N1,260 per dollar in the parallel market from N1,270 per dollar just a day prior. Additionally, in the Nigerian Autonomous Foreign Exchange Market (NAFEM), the Naira saw a...- Nigeria News
- Article
- 1 min read
- foreign exchange market nafem naira appreciation nigerian autonomous foreign exchange market parallel market rates
- Category: Business
-
Nigeria Nigeria's Naira Jumps to N1,280/$ at Parallel Market: Traders React
The Nigerian Naira witnessed a remarkable appreciation, reaching N1,280 per dollar at the parallel segment of the foreign exchange market. This surge, marking a 5.19 percent increase from the previous rate of N1,350/$ on March 27, has left currency traders in Lagos, commonly known as bureau de...- Nigeria News
- Article
- 1 min read
- cbn central bank of nigeria currency traders foreign exchange market naira appreciation parallel market
- Category: Business
-
Nigeria Naira Strengthens Significantly, Hits N1,382/$ Amid Forex Stability Efforts
The Central Bank of Nigeria's recent interventions have spurred a remarkable recovery for the Naira, with the currency appreciating to N1,382.35/$ at the Nigerian Autonomous Foreign Exchange Market (NAFEM). This surge marks a significant gain from its previous rate of N1,536.83/$, showcasing...- Nigeria News
- Article
- 1 min read
- central bank of nigeria foreign exchange settlement forex backlog forex market naira appreciation yemi cardoso
- Category: Business
-
Nigeria Naira Strengthens as CBN Resolves $7 Billion Forex Backlog, Marks 4.6% Appreciation
The naira has witnessed a notable appreciation at both the official and parallel markets following the Central Bank of Nigeria's (CBN) successful clearance of all foreign exchange (FX) backlogs. Data from the FMDQ Securities Exchange indicates that the Naira closed trading at ₦1,410/dollar at...- Nigeria News
- Article
- 1 min read
- central bank of nigeria currency market economic development exchange rates forex backlog naira appreciation
- Category: Business
About Nigerian Bulletin
Nigerian Bulletin is your gateway to top news, specialized lifestyle topics, and a unique, curated marketplace. It connects Nigerians worldwide with crucial updates and opportunities and is ideal for engaging press releases, effective sponsored posts, banner ads, and product showcases.