Naira
Speculators lose big as CBN's new move crashes dollar exchange rate
The value of the naira was once again strong against the dollar in both the official and unofficial foreign exchange markets following the CBN's latest moves.
BDC operators plan mergers to meet CBN’s N2bn recapitalisation before deadline
Bureau De Change (BDC) operators are struggling to meet the N2 billion recapitalisation requirement set by the Central Bank of Nigeria, but there is a solution.
Naira on gain streak, hits new high against USD amid CBN warning to banks over FX Code violations
The naira has continued its gains against the US dollar in the official and black market windows, gaining N10 and N11 naira respectively amid CBN's new FX Code.
New exchange rate: British pound, dollar, euro crash in black market
The naira's value has improved significantly against the US dollar, British pound, and euro in the parallel foreign exchange market, also known as the black market.
CBN adjusts Customs exchange rates to clear goods as dollar crashes against naira
The Central Bank of Nigeria (CBN) has adjusted the Nigeria Customs exchange rates for cargo clearance at Nigeria's sea and airports as the naira gains.
Nigerian bank shares over 20 million to 360 customers, plans to give out more
Union Bank is rewarding customers with cash gifts and gift vouchers and plans to continue this for the next three months for both old and new account holders.
The 6 pillars of CBN’s new FX Code and how they will boost liquidity, transparency, naira stability
The Central Bank of Nigeria (CBN) introduced the newly launched FX Code to boost liquidity, and transparency and stabilise the local currency, the naira.
Naira in massive gain against dollar as CBN takes steps to Stabilise forex markets
The Nigerian naira rallied for the third day in the official window, trading at N1,522.60 from N1,533 per dollar following the launch of FX code by the CBN.
Naira appreciates against US dollar after CBN introduces new FX code
The value of the naira improved against the US dollar in the foreign exchange market after the Central Bank of Nigeria introduced new forex policies.
Naira
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