President Bola Tinubu has pledged to honor the country’s foreign exchange obligations of $13 billion in an effort to ease foreign exchange illiquidity. This significant commitment...
The Nigerian naira’s downward trajectory continues as it faces increased scarcity of the United States dollar. According to reports, the naira began trading at 1,175/$ and...
What is the Dollar to Naira exchange rate at the parallel market, known as the black market (Abokifx) today? As of October 23rd, 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 21th, 2023, the dollar...
Dr. Aminu Gwadabe, the President of the Association of Bureau De Change Operators of Nigeria (ABCON), has emphasized the pivotal role of Bureau De Change (BDC)...
What is the Dollar to Naira exchange rate at the parallel market, known as the black market (Abokifx) today? As of October 20th, 2023, the dollar...
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...
