-
Featured: Latest Nigerian News
nigeria exchange rate
-
Nigeria CBN Moves to Stabilize Naira, Extends BDCs’ Weekly Forex Window
The Central Bank of Nigeria (CBN) has extended the deadline for Bureau de Change (BDC) operators to purchase $25,000 weekly from banks until May 30, 2025. The extension aims to stabilize forex liquidity and regulate market volatility. Analysts remain divided on its long-term impact on Nigeria’s...- Nigeria News
- Article
- 1 min read
- bdc weekly purchase cbn forex extension forex market regulation naira stability nigeria exchange rate
- Category: Business
-
![Today's Naira Rate [25-12-2024]: Naira’s Depreciation Continues as Parallel Market Hits N1,650/$](/data/attachments/211/211746-fc88bc2cf08b62eccef5f97dcdd14191.jpg?hash=hFfFcRmkeL)
Nigeria Today's Naira Rate [25-12-2024]: Naira’s Depreciation Continues as Parallel Market Hits N1,650/$
The Naira has depreciated to N1,650 per US dollar in the parallel market, continuing its downward trend. While the official market shows a slight improvement to N1,537 per dollar, the gap between the two markets widens, posing challenges for Nigeria's currency stability as analysts forecast...- Nigeria News
- Article
- 1 min read
- central bank of nigeria forex market stability naira depreciation nigeria exchange rate parallel market
- Category: Business
-
Nigeria Nigerian Naira Gains Ground Against Dollar as Central Bank Tackles FX Backlog
The Nigerian naira has seen a significant uptick, reaching N1,120 against the US dollar, marking a 4.27% appreciation compared to its previous rate of N1,170. This positive shift comes in response to the Central Bank of Nigeria's (CBN) ongoing efforts to clear its backlog of foreign exchange...- Nigeria News
- Article
- 2 min read
- aminu gwadabe cbn nigeria exchange rate
- Category: Business
-
Business After Nigeria China swap deal, Naira maintains N362 rate against Dollar – Naija.ng
The local currency maintains the same rate against Dollar at parallel market. The local currency, however, appreciated against... Read more via Naija.ng News – https://ift.tt/2t9zYQq Get more: Nigeria Business News- curator
- Thread
- cbn news china news naija news today 190619 naija.ng news nigeria business news nigeria china swap deal news nigeria exchange rate
- Replies: 0
- Forum: Business News Links
-
P
Business CBN Introduces 'Form NXP' To All Exporters To Shore Up FX Earnings
The Central Bank of Nigeria (CBN) has directed all exporters to strictly comply with the Foreign Exchange Manual, as it introduces Form NXP with a view to taking advantage of all exports in the push for increased foreign exchange earnings into the nation’s economy. This was contained in a...- ProfRem
- Thread
- cbn forex transaction godwin emefiele naira rate nigeria exchange rate nigeria news
- Replies: 1
- Forum: Business News Links
-
P
Business Naira Gains At Interbank, Loses Value At Parallel Market Against US Dollar
The Naira on Wednesday appreciated by 0.08% to 304.75 to the dollar at the interbank market, as the Central Bank of Nigeria raised the exchange rate for Bureau de Change operators to 385 naira per dollar. The currency depreciated 2 points to exchange at N455 to the dollar at the parallel...- ProfRem
- Thread
- exchange rate naira to dollar rate naira watch nigeria exchange rate nigeria news
- Replies: 0
- Forum: Business News Links
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.