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
As of June 29th, 2023, the dollar to naira exchange rate is 1 USD to 776 NGN at the black market. This means that for every...
Customers Can Conveniently Convert US Dollars to Naira via Internet Banking Platform
Customers face limitations on foreign currency withdrawals as banks defy CBN's directive, causing concerns in the marketdol
As of June 22th, 2023, the dollar to naira exchange rate is 1 USD to 775 NGN at the black market. This means that for every...
