The Nigerian Naira gained slightly against the United States Dollar on Wednesday despite the pervasive forex scarcity. The Naira gained N5 from N483 it exchanged to...
Today’s Naira Black Market Exchange Rates Date USD GBP EURO YUAN Canadian Australian NGN BUY/SELL BUY/SELL BUY/SELL BUY/SELL BUY/SELL BUY/SELL 08/12/2020 470/483 610/620 560/570 50/70 330/362...
Naira Declines Across the Board Despite New Forex Policy Efforts of the Central Bank of Nigeria to stimulate productivity and checkmate the activities of speculators and...
The Central Bank of Nigeria (CBN) has started focusing on how to better harness Nigeria’s huge diaspora remittances as seen in recent foreign exchange policy geared...
The Central Bank of Nigeria’s new forex policy has forced many speculators and hoarders at the Nigerian parallel market popularly known as the black market to...
The Naira to US Dollar exchange rate improved by N10 to N490 on Tuesday following the Central Bank of Nigeria’s new directive that allows recipients of...
In a bid to simplify and finally liberalize the receipt of diaspora remittances, the Central Bank of Nigeria (CBN) has amended its receipt procedures to allow...
Naira to United States Dollar exchange rate plunged to N500 on Monday after the Central Bank of Nigeria (CBN) devalued the Naira by N6 on Friday...
The Central Bank of Nigeria (CBN) has once again devalued the Nigerian Naira by N6 to the United States Dollar, making it the third time the...
Naira plunged against the United States Dollar to a record low of N495 at the black market on Thursday despite the Central Bank of Nigeria saying...
