CBN

Exchange Rates

Black market Dollar to Naira exchange rate May 12 , 2024 & Latest Business News in Nigeria

May 12, 2024 Omajemite Don

What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)?   See the black market Dollar to Naira exchange rate,…

Read More →

Exchange Rates

Naira Slumps to World’s Worst Performing Currency in One Month

May 11, 2024 Omajemite Don

Nigeria’s naira has reversed recent gains and is now the world’s worst performing currency in the last month. Naira’s Performance: Nigeria’s naira has dropped from being the best performing currency…

Read More →

Exchange Rates

Naira to Dollar Fall Continues as USD Supply Falls to All-Time Low at Forex Market

May 10, 2024 Omajemite Don

Naira Depreciation Continues as Dollar Supply Falls to All-Time Low at Forex Market. Naira depreciation continued as US dollar transactions at the official foreign exchange market dropped to an all-time…

Read More →

Exchange Rates

Black market Dollar to Naira exchange rate May 10 , 2024 & Latest Business News in Nigeria

May 10, 2024 Omajemite Don

What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)?   See the black market Dollar to Naira exchange rate,…

Read More →

Exchange Rates

Black market Dollar to Naira exchange rate May 9 , 2024 & Latest Business News in Nigeria

May 9, 2024 Omajemite Don

What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)?   See the black market Dollar to Naira exchange rate,…

Read More →

Exchange Rates

Black market Dollar to Naira exchange rate today May 8, 2024: GBP, EUR to Naira

May 8, 2024 Omajemite Don

What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)?   See the black market Dollar to Naira exchange rate,…

Read More →

News Now

NLC Differs On CBNs Cybersecurity Levy

May 7, 2024 Musa Jibril

The Nigeria Labour Congress, NLC, has rejected the recent order by the Central Bank of Nigeria, CBN, of 0.5 per cent cybersecurity levied on electronic transfers. NLC President Joe Ajaero…

Read More →

Exchange Rates

Cybersecurity levy: CBN Exempts 16 Bank Transactions from New Tariff

May 7, 2024 Taiwo Oyedepo

The Central Bank of Nigeria (CBN) has released a list of 16 bank transactions that will be exempt from the newly introduced cybersecurity levy, following the directive to impose a…

Read More →

News Now

CBN Mandates Banks to Impose 0.5% Cybersecurity Levy on Transactions

May 7, 2024 Omajemite Don

Nigerians to pay 0.5% Cybersecurity Levy.  The Central Bank of Nigeria (CBN) has directed deposit money banks nationwide to introduce a 0.5% cybersecurity levy on transactions, in response to ongoing…

Read More →

Exchange Rates

Naira to Dollar in Free Fall: Exchange Rate Crashes in Black Market, Official Windows

May 7, 2024 Taiwo Oyedepo

Naira Plummets to New Low: Exchange Rate Crashes at Black Market and Official Windows   The Nigerian economy faced a significant blow on Tuesday, May 7, 2024, as the Naira…

Read More →

Exchange Rates

Black market Dollar to Naira exchange rate today May 7, 2024: GBP, EUR to Naira

May 7, 2024 Omajemite Don

What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)?   See the black market Dollar to Naira exchange rate,…

Read More →

Exchange Rates

Naira to Dollar Exchange Rate Crashes in Parallel Market

May 6, 2024 Omajemite Don

The Nigerian Naira experienced a significant depreciation against the United States dollar in the informal foreign exchange market over the weekend.   According to insights shared by Mistila Dayyabu, a…

Read More →

Exchange Rates

Black market Dollar to Naira exchange rate today May 6, 2024: GBP, EUR to Naira

May 6, 2024 Omajemite Don

What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)?   See the black market Dollar to Naira exchange rate,…

Read More →

Exchange Rates

Naira to Dollar Falls in Parallel Market, Appreciates in NAFEM

May 5, 2024 Okolosi Gloria

In the latest forex news, the Nigerian naira witnessed a decline, reaching N1,395 per dollar in the parallel market, as reported by Vanguard. This marks a depreciation compared to its…

Read More →

Exchange Rates

Black market Dollar to Naira exchange rate today May 5, 2024: GBP, EUR to Naira

May 5, 2024 Omajemite Don

What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)?   See the black market Dollar to Naira exchange rate,…

Read More →

News Now

CBN Governor, Yemi Cardoso, Finally Identifies Root Cause of Food Price Inflation

May 3, 2024 Taiwo Oyedepo

The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has attributed the current surge in food prices nationwide to the federal government’s procurement and distribution of palliatives.  …

Read More →

Exchange Rates

Black market Dollar to Naira exchange rate today May 2, 2024: GBP, EUR to Naira

May 2, 2024 Omajemite Don

What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)?   See the black market Dollar to Naira exchange rate,…

Read More →

Exchange Rates

Black market Dollar to Naira exchange rate today May 1, 2024: GBP, EUR to Naira

May 1, 2024 Omajemite Don

What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)?   See the black market Dollar to Naira exchange rate,…

Read More →

News Now

CBN Deletes Report Showing Tinubu Increased Ways and Means Loans by 88%

April 29, 2024 Omajemite Don

CBN Deletes Report Revealing 88% Increase in Ways and Means Loans Under Tinubu. The Central Bank of Nigeria (CBN) has stirred controversy with the deletion of its Ways and Means…

Read More →

Exchange Rates

Naira Gains Significantly Against Dollar as Forex Market Shows Signs of Recovery

April 29, 2024 Okolosi Gloria

After experiencing a period of depreciation, the Nigerian naira has made a significant recovery against the US dollar in the parallel market. According to Mistila Dayyabu, a Bureau De Change…

Read More →