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 ยฃ1, 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
