This post gives you a better insight into theCBN exchange rate in Nigeria today, covering all major foreign currencies like the Dollar, Euro, pound sterling, and more. Knowing the exchange rates of these foreign currencies to the Nigerian Naira is crucial to many businesses found in the country...
The Naira has faced a notable decline against the US dollar, losing N27.58 within just two days, according to FMDQ data. On Tuesday, the exchange rate hit N1,592.06, down from N1,564.48 last Friday. In the black market, the Naira also weakened by N15, trading at...
NigeriaToday's Naira Rate[26-10-2024]: Naira Falls to N1,740/$ in Parallel Market as Official Rates Show Mixed Signals The Naira depreciated to N1,740 per dollar in the parallel market while appreciating to N1,601.2 in the Nigerian Autonomous Foreign Exchange Market. Trading volume in the ...
CBN revokes 4,173 exchange bureau licenses, enforces stricter regulations to strengthen Nigeria's forex market integrity & stability
Justice Liman later adjourned the ruling on the bail application until today. A total sum of N 1.424 trillion, being Dec. 2024 Federation Account Revenue has been shared to the Federal Government, states, and the Local Government Councils (LGCs). ...
‘It is on record that overnight the rate of exchange of the naira depreciated from 22 to 86 naira to the dollar. This action unleashed unimaginable levels of distortion on the economy as prices of products suddenly skyrocketed, causing runaway inflation. To compound the situation, the fact th...