FX Devaluation, High-Interest Rates are affecting our Businesses, Oil & Gas Suppliers lament
The Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) have expressed their dissatisfaction to the federal government over the ...
Tag: Dollar
Cardoso vows to reset CBN as Naira falls to N1000/$1
Olayemi Cardoso, who was confirmed Tuesday by the Senate as governor of the Central Bank of Nigeria (CBN), alongside his ...
Naira plunges to N900 Per Dollar on Tuesday
As the demand for foreign currency outstripped supply, the naira plunged to a record low of N900/$1 on the parallel ...
Forex crisis: Traders lose as naira rebounds to 720/dollar
The naira has rebounded by 20.8% to 720/dollar at the parallel market. The development, according to The Punch, came two ...
Black market exchange rate falls to N875/$1 on 7th November 2022
The exchange rate between the naira and the US dollar declined further at the black market on Monday, 7th November ...
Naira Appreciates Against Dollar at Black Market
The Naira appreciated against the United States Dollar at the black market for the first time in a while by ...
Dollar crisis: EFCC plans massive raid on forex dealers
Arrests Kogi Assembly candidate with N326m, $610,500 cash The Economic and Financial Crimes Commission (EFCC) on Tuesday carried out simultaneous ...
Currency traders fear exchange rate may be heading to N1,000/$1 by year end
The exchange rate between the naira and dollar on the black market is expected to hit N1000/$1 by the end ...
Pound Sees Brief Rally After Liz Truss Announces Resignation
The pound rose against the dollar on the news of Prime Minster Liz Truss’s resignation, but then quickly shed some ...
Naira may devalue by 20% in 2023- BoA
Nigeria’s local currency unit is set to weaken further next year as its current exchange rate to the dollar is ...
