Nigeria faced a disconcerting financial scenario as the exchange rate between the Nigerian naira and the US dollar plummeted to an unprecedented low of N999/$1 on...
The Central Bank of Nigeria (CBN) has taken a pivotal step to enhance transparency and consistency in the Nigerian Foreign Exchange (FX) market by renaming the...
The Malaysian ringgit has hit its lowest value since the Asian Financial Crisis with a 0.5% drop to 4.7703 per US dollar, representing the currency’s weakest...
Nigeria’s currency, the naira, experienced a sudden 5% slump against the US dollar on the streets of the West African nation. This free fall in the...
Official Rate Hits Record Low at N848/$1, Signaling Exchange Rate Crisis
What is the Dollar to Naira exchange rate at the parallel market, known as the black market (Abokifx) today? As of October 18th, 2023, the dollar...
What is the Dollar to Naira exchange rate at the parallel market, known as the black market (Abokifx) today? As of October 16th, 2023, the dollar...
On a turbulent Friday morning, the foreign exchange market felt the heat as the Nigerian naira plummeted to N1,049 against the US dollar on the black...
What is the Dollar to Naira exchange rate at the parallel market, known as the black market (Abokifx) today? As of October 13th, 2023, the dollar...
Citigroup has called for the removal of foreign exchange restrictions on 43 items imposed by the Central Bank of Nigeria (CBN) as a critical step to...