Banks Embrace Digital Transformation: Mobile Apps and Internet Banking Disrupt Foreign Currency Exchange, Challenging Black Market Trading
The exchange rate has reached over N1000 to £1, leaving many Nigerians worried about the future of their currency.
As of July 11th, 2023, the dollar to naira exchange rate is 1 USD to 800 NGN at the black market. This means that for every...
As of July 7th, 2023, the dollar to naira exchange rate is 1 USD to 780 NGN at the black market. This means that for every...
This decision aims to inject liquidity into the Investors & Exporters (I&E) foreign exchange market, according to a reliable source familiar with the matter.
The suspicion is that Nigeria's external reserves are much less than what the CBN reports. The level of opacity is alarming and is a real drag...
As of July 6th, 2023, the dollar to naira exchange rate is 1 USD to 776 NGN at the black market. This means that for every...
Instant Dollar to Naira Conversion through GTBank's Internet Banking Empowers Customers and Undercuts Street Traders
In a recent analysis, experts at Bank of America have stated that the Nigerian naira has transitioned from being overvalued to undervalued following the government's much-anticipated...
Naira's Appreciation Reflects Improved Investor Confidence and Flexible Exchange Rate Reforms
